Business

OTTAWA — Canada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption. The new proposal includes annual wage increases amounting to 11.5 per cent over four years. It also protects the defined benefit pension for current employees, as […]

NEW YORK (AP) — As he approached his mid-90s, pioneering Black businessman George E. Johnson unexpectedly found himself determined — even called — to write his memoir. Johnson’s “Afro Sheen: How I Revolutionized an Industry with the Golden Rule, from Soul Train to Wall Street” will be published Feb. 3 by Little, Brown and Company. […]

Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham — its brewery. Four years after their out-of-the-blue purchase of Wrexham’s struggling soccer team, the Hollywood celebrities have further invested in the city in north Wales by becoming co-owners of Wrexham Lager. Wrexham Lager, which is one of the soccer team’s sponsors, was founded […]

LONDON (AP) — British Treasury chief Rachel Reeves told lawmakers Wednesday that taxes will rise by 40 billion pounds ($52 billion) in order to plug a hole in the public finances and investment projects to boost growth. In the Labour Party’s first budget since returning to power earlier this year for the first time in […]

Trading on Wall Street is essentially flat early Wednesday on mixed corporate earnings reports and new data on U.S. growth. Futures for the S&P 500 ticked up 0.1% before the bell, while futures for the Dow Jones industrials fell 0.2%. After hitting a record high on Tuesday, futures for the tech-heavy Nasdaq ticked up another […]

FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The duties took effect provisionally in July and were […]

BERLIN (AP) — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the possibility of the automaker’s first plant closures in Germany. The company reported net profit of 1.58 billion euros ($1.7 billion) for the July-September period, a 64% […]

While Lincoln’s full-size Navigator is great for big families and towing, the recently redesigned Lincoln Nautilus should have broader appeal for SUV shoppers. It’s a midsize SUV that seats five and boasts distinctive styling, lots of premium features, and an eye-catching curved display that spans the width of the dashboard. So how does this Lincoln […]

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product — the economy’s total output of goods and services — did slow slightly from its […]