Fears of a strike or lockout at West Coast ports have forced some shippers to move their cargo destinations to Canadian or East Coast ports, the FT reports.» Read More
WASHINGTON/ MOSCOW, July 16- President Barack Obama imposed the toughest U.S. sanctions yet on Russia, striking at the heart of Vladimir Putin's powerbase by targeting companies closest to him over what Washington says is Moscow's failure to curb violence in Ukraine.
TORONTO/ VANCOUVER, July 16- Barrick Gold Corp said on Wednesday its chief executive officer will step down in September and not be replaced, concentrating power in the hands of the miner's new executive chairman, John Thornton. The world's biggest gold miner appointed two co-presidents to help run the company after Jamie Sokalsky's departure as CEO.
TORONTO— BlackBerry shares dropped Wednesday after details emerged of a partnership between two of the world's biggest technology companies— Apple and IBM— aimed at business customers. William Blair analyst Anil Doradla said he believes the Apple and IBM partnership will be a "long-term negative" for BlackBerry.
OTTAWA, July 16- Shrugging off a recent surge in inflation as temporary, the Bank of Canada warned on Wednesday the country's economy does not yet have enough steam to grow without the bank's help and said it could just as easily cut interest rates as raise them.
ALBANY, N.Y.— As many as 44 trains a week, each loaded with at least a million gallons of volatile crude oil from North Dakota's Bakken region, move through upstate New York, according to documents released Tuesday by the state.
Sokalky became president and CEO of Barrick Gold Corp. in June 2012. The management moves come shortly after Barrick Gold founder Peter Munk retired as chairman. They will have overall responsibility for the execution of Barrick Gold's strategic priorities and operating plans.
FARNBOROUGH, England, July 16- Canadian plane and train maker Bombardier has expanded to four from one its range of Q400 NextGen turboprop regional airliners including an 86- seat version as it aims to bolster sales in emerging markets, a top company executive said on Wednesday.
SEATTLE— Two environmental groups are asking the U.S. Department of Transportation to immediately ban shipments of volatile crude oil in older railroad tank cars, citing recent explosive oil train wrecks and the department's own findings that those accidents pose an "imminent hazard."
JAKARTA, July 15- Indonesia could terminate Newmont Mining Corp's copper mine contract if the U.S.-based firm does not withdraw a legal challenge to the country's export taxes, a government official said on Tuesday. The firm, along with U.S. miner Freeport-McMoRan Copper& Gold, has halted copper exports for the last six months.
*Fed chief to testify to Congress on Tuesday, Wednesday. NEW YORK, July 15- The dollar got a lift on Tuesday from retail data showing the U.S. economy expanding but gains were muted as investors awaited possibly market-moving congressional testimony by Federal Reserve chief Janet Yellen.
THUNDER BAY, Ontario— About 900 unionized employees at Bombardier's light rail plant in Thunder Bay, Ontario, are on strike after failing to reach an agreement with management about pension changes and benefit reductions. Unifor's national president Jerry Dias says there was "no meaningful discussion" leading up to Monday's strike deadline.
TORONTO, July 14- About 900 workers at Bombardier Inc's railcar production facility in Thunder Bay, Ontario, went on strike on Monday afternoon after contract talks hit an impasse over pension changes and benefit reductions.
TORONTO, July 14- Bombardier Inc's long-delayed CSeries jetliner program got a boost on Monday with two tentative orders worth nearly $1.6 billion, but investor enthusiasm was tempered by lingering concerns about the plane's prospects. Jordan's Petra Airlines Ltd also signed a letter of intent for up to four CS100 and CS300 planes, worth up to $298 million.
BRETTON WOODS, N.H.— The premiers of the Eastern Canadian provinces and governors of the New England states said Monday that delivering clean energy to this corner of the United States is one of the most important issues facing the region.
TORONTO, July 14- Bombardier Inc's long-delayed CSeries aircraft program received a big boost on Monday, when the company announced two tentative orders for a total of up to 24 jets worth nearly $1.6 billion. Montreal- based Bombardier said it had signed an agreement with Chinese carrier Zhejiang Loong Airlines Co Ltd for 20 of its CSeries jetliners.
NEW YORK— Tony Goldwyn has displayed a lack of ethics in the White House. As President Fitzgerald Grant on ABC's hit melodrama "Scandal," he has cheated on his wife right under her nose and even smothered a pesky Supreme Court justice on her sickbed.
TORONTO, July 14- Bombardier Inc's long-delayed CSeries aircraft program received a boost on Monday, when the company announced two tentative orders for a total of up to 24 jets worth nearly $1.6 billion. Montreal- based Bombardier said it had signed an agreement with Chinese carrier Zhejiang Loong Airlines Co Ltd for 20 of its CSeries jetliners.
The Internet Association, which represents three dozen web companies such as Google Inc, Netflix Inc and Amazon.com Inc, made their case in a filing with the Federal Communications Commission, which plans to establish new so-called "net neutrality" rules. In January, a court ruling struck down the FCC's previous version of such rules.
It turns out the popular tablet computer may contain nickel, one of the most common allergy-inducing metals. But it was an Apple iPad that caused an itchy body rash in an 11- year-old boy recently treated at a San Diego hospital, according to a report in Monday's Pediatrics. Sharon Jacob, a dermatologist at Rady Children's Hospital, where the boy was treated.
Billions of dollars are riding on how these rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.