Business

Man charged in US with stealing $450 million from Mexican billionaire in loan scheme

A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according to a newly unsealed U.S. indictment...

55m ago

US rights agency sues New York Times for discriminating against white man passed over for promotion

NEW YORK (AP) — A federal civil rights agency filed a discrimination lawsuit Tuesday against The New York Times, claiming that the news organization passed over a white male employee for a promotion...

1h ago

FDA announces its first OK of fruit-flavored e-cigarettes for adults in major shift under Trump

WASHINGTON (AP) — The Food and Drug Administration on Tuesday announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift that comes after...

3h ago

Suncor first-quarter earnings jump to $2.1B as it reports record production

CALGARY — Oilsands giant Suncor Energy Inc. says its first-quarter net earnings came in at $2.1 billion, up from $1.69 billion in the same period a year earlier. The profit amounted to $1.77 per share,...

4h ago

Telecom workers call for restrictions over use of artificial intelligence

MONTREAL — Telecommunications workers are calling for government restrictions on the use of artificial intelligence in the sector, suggesting the technology is being used to monitor workers and disguise...

4h ago

Telecom workers call for restrictions over use of artificial intelligence

MONTREAL — Telecommunications workers are calling for government restrictions on the use of artificial intelligence in the sector, suggesting the technology is being used to monitor workers and disguise...

4h ago

Gasoline costs 50% more in the US than it did before the Iran war

NEW YORK (AP) — The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA, hitting the wallets of drivers after...

2h ago

After brief respite, gasoline prices continue their steady climb

NEW YORK (AP) — The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA, hitting the wallets of drivers after...

5h ago

Oil execs, climate groups decry slow pace of Alberta MOU, though differ on carbon tax

OTTAWA — Five of Canada's largest oilsands producers and clean energy groups are separately criticizing the federal and Alberta governments for slow progress on finalizing aspects of the energy deal...

5h ago

Spirit Airlines has stopped flying. Here's what happens next

The bright yellow planes are grounded. Now the selloff begins. Spirit Airlines, which abruptly canceled all its future flights over the weekend, secured court approval Tuesday to begin dismantling...

2h ago