Business

Iran war has blocked the Strait of Hormuz, a vital oil chokepoint. Reopening it is a big challenge

PARIS (AP) — The rising prices causing winces of pain at gasoline pumps are due, in large part, to the impact of the Iran war on the Strait of Hormuz, a crucial passageway for oil and gas from the Persian...

15m ago

Cineplex reports $32.4M February box office, down from $34.9M a year earlier

TORONTO — Cineplex Inc. says its box office revenue for February edged down compared with a year earlier. The movie theatre company says box office revenue for the month totalled $32.4 million. The result...

29m ago

Virginia has a data center boon. Officials debate whether it's time to scrap its tax breaks

RICHMOND, Va. (AP) — Nearly two decades ago, Virginia gave tech companies a tax break on equipment and software, and they began to build. The state became a data center hub, and they kept building. Residents...

45m ago

Germany, Austria say they'll release reserve oil as part of effort to temper price spikes

BERLIN (AP) — Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency request for its members to release 400 million barrels to help temper energy...

45m ago

RBC acquires fintech company Pinch Financial, terms not immediately available

TORONTO — Royal Bank of Canada says it has acquired financial technology firm Pinch Financial Inc. Terms of the agreement were not immediately available. Pinch was founded in 2017 and helps simplify...

59m ago

US Sen. Jon Husted set to testify remotely in ex-FirstEnergy executives' corruption trial

COLUMBUS, Ohio (AP) — Republican U.S. Sen. Jon Husted is scheduled to testify remotely Wednesday in Akron in the high-profile corruption trial of two former FirstEnergy Corp. executives. ...

29m ago

Tracing the US military's learning curve on fighting Iran's drones: What to know

WASHINGTON (AP) — The Iran war quickly tested America's ability to combat the swarms of cheap drones that have become a staple of the modern battlefield after Ukraine and Russia demonstrated how effective...

1h ago

Edmunds: These are the best budget hatchbacks that you can get in 2026

Compared to a typical sedan, a hatchback offers greater versatility thanks to its larger, easier-to-load trunk. Some hatchbacks are also fun to drive with nimble handling and peppy engines. Yet, with the...

2h ago

Analysis: Iran war becomes a contest of who can take the most pain

DUBAI, United Arab Emirates (AP) — The war with Iran, for all its complexity and global effects, boils down to a single question: Who can take the pain the longest? A surge in oil prices...

2h ago

Iran's joint military command says that banks and financial institutions are now a target in the Middle East

DUBAI, United Arab Emirates (AP) — Iran's joint military command says that banks and financial institutions are now a target in the Middle East. The Associated Press

4h ago