Skip to content

National Business

California is awash in tax revenue and budget reflects it

California is awash in tax revenue and budget reflects it

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Friday proposed a $268 billion state budget that is one-third larger than the state's current spending plan, fueled by surging state tax revenues and federal stimulus money.
Gaetz associate agrees to cooperate in federal investigation

Gaetz associate agrees to cooperate in federal investigation

WASHINGTON (AP) — A Florida politician who emerged as a central figure in the federal investigation into Rep.
Methane-capturing biogas projects in Canada reach 279, says association report

Methane-capturing biogas projects in Canada reach 279, says association report

CALGARY — Thanks to a decade of rapid growth, there are 279 facilities across Canada creating biogas from methane emitted by agricultural waste, landfills, green bin programs and municipal wastewater treatment facilities.
Onetime wunderkind Massachusetts mayor guilty of corruption

Onetime wunderkind Massachusetts mayor guilty of corruption

BOSTON (AP) — A former Massachusetts mayor first elected at the age of 23 by touting himself as a successful entrepreneur was convicted Friday of stealing money from investors in his start-up to bankroll his lavish lifestyle and soliciting bribes fro
Centerra Gold stock falls after Kyrgyz Republic state firm says it will divest shares

Centerra Gold stock falls after Kyrgyz Republic state firm says it will divest shares

CALGARY — The Kyrgyz Republic state company that owns 26 per cent of the shares of Canadian miner Centerra Gold Inc. says in a regulatory filing it intends to sell about 19 per cent of its holdings. Centerra's shares fell by as much as 6.
Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT

Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT

MONTREAL — Transat A.T. says negotiations about a takeover offer from Pierre Karl Peladeau ended Thursday, while the Quebec businessman says that he was no longer interested in acquiring the tour operator.
Statistics Canada says wholesale and manufacturing sales climbed higher in March

Statistics Canada says wholesale and manufacturing sales climbed higher in March

OTTAWA — Canadian wholesale and manufacturing sales in both climbed higher in March after pulling back in February. Statistics Canada said Friday manufacturing sales hit their highest level since June 2019 as they climbed 3.5 per cent to $57.
Irish health system targeted in 'serious' ransomware attack

Irish health system targeted in 'serious' ransomware attack

LONDON (AP) — Ireland's health service shut down its IT systems on Friday after being targeted in a ransomware attack by what it called “international criminals.
US industrial output rose a modest 0.7% amid shortages

US industrial output rose a modest 0.7% amid shortages

WASHINGTON (AP) — U.S. industrial production increased for a second straight month in April as more factories came online after being shutdown by winter ice storms.
SNC-Lavalin Group reports first-quarter profit compared with loss a year ago

SNC-Lavalin Group reports first-quarter profit compared with loss a year ago

MONTREAL — SNC-Lavalin Group Inc. reported a profit attributable to shareholders of $73 million in its latest quarter compared with a loss of nearly $66 million in the same quarter last year.