Business
December 05, 2025
75 views 4 mins 0

Asian shares are mixed after Wall Street inches closer to its all-time high

MANILA, Philippines (AP) — Asian shares were mixed on Friday after the U.S. stock market held near its records in a quiet day of trading. U.S. futures were higher while oil prices fell. Japan’s Nikkei 225 trimmed gains from the previous day, shedding 1.2% to 50,408.70. Government data showed household spending in Japan fell 3.0% […]

Business
December 05, 2025
87 views 6 mins 0

Trump administration to direct more water to California farms

SACRAMENTO, Calif. (AP) — The Trump administration is making good on a promise to send more water to California farmers in the state’s crop-rich Central Valley. The U.S. Bureau of Reclamation on Thursday announced a new plan for operating the Central Valley Project, a vast system of pumps, dams and canals that direct water southward […]

Business
December 05, 2025
73 views 6 mins 0

Shops empty in a Hispanic neighborhood as immigration crackdown comes to Louisiana

KENNER, La. (AP) — The doors of Carmela Diaz’s taco joint are locked, the tables are devoid of customers and no one is working in the kitchen. It’s one of many once-thriving Hispanic businesses, from Nicaraguan eateries to Honduran restaurants, emptied out in recent weeks in neighborhoods with lots of signs in Spanish but increasingly […]

Business
December 05, 2025
73 views 2 mins 0

Faulty glucose monitors linked to 7 deaths and more than 700 injuries, FDA warns

The U.S. Food and Drug Administration is warning people to stop using certain types of glucose monitor sensors after the company that makes them, Abbott Diabetes Care, said the devices were linked to seven deaths and more than 700 injuries. Certain FreeStyle Libre 3 and FreeStyle Libre 3 Plus sensors may provide incorrect low glucose […]

Business
December 05, 2025
68 views 21 secs 0

West Fraser to curtail High Level, Alta., mill; 190 jobs affected

VANCOUVER — West Fraser Timber Co. Ltd. says it plans to indefinitely curtail work at its northern Alberta mill. The move is expected to affect 190 employees, but the Vancouver-based wood products company says it will try to find them work at its other operations. West Fraser says the cuts at the High Level mill […]

Business
December 05, 2025
62 views 4 mins 0

Joly says Stellantis getting a notice of default following production shift to U.S.

Industry Minister Mélanie Joly said Canada is serving Stellantis a notice of default after the automaker shifted some of its production to the United States. “We will stand firm for the sake of our workers, our industries and our nation because defending these jobs means defending Canada’s economic backbone and the livelihoods of countless families,” […]

Business
December 05, 2025
65 views 6 mins 0

US health department unveils strategy to expand its adoption of AI technology

NEW YORK (AP) — The U.S. Department of Health and Human Services on Thursday outlined a strategy to expand its use of artificial intelligence, building on the Trump administration’s enthusiastic embrace of the rapidly advancing technology while raising questions about how health information would be protected. HHS billed the plan as a “first step” focused […]

Business
December 05, 2025
67 views 3 mins 0

US Treasury slaps $7.1M fine on New York firm for managing properties for Putin ally

WASHINGTON (AP) — The U.S. Treasury Department imposed a $7.1 million fine on a New York-based property management firm Thursday, accusing it of violating sanctions by managing luxury real estate properties for oligarch Oleg Deripaska, who has close ties to Russian President Vladimir Putin. Treasury’s Office of Foreign Assets Control said Gracetown Inc. had received […]