Business and Economy

EPA nominee once helped chemical industry, lobbyists

WASHINGTON —  President Donald Trump’s nominee to oversee chemical safety at the Environmental Protection Agency has for years accepted payments for criticizing studies that raised concerns about the safety of his clients’ products, according to a review of financial records and his published work by The Associated Press. Michael L. Dourson’s nomination as head of …

Zara store owner sees solid profit growth in H1

MADRID —  Spanish fashion retailer Inditex, which owns the Zara stores, says its net profit jumped by 9 per cent in the first half of its fiscal year, following strong growth in online and in-store sales. The world’s largest clothes retailer said Wednesday that net profit for February through July rose to 1.37 billion euros …

BlackBerry partners with Fleet Complete with integrated fleet tracking solution

WATERLOO, Ont. — BlackBerry (TSX:BB) is partnering with another company to offer customers a more comprehensive fleet-tracking system. The Waterloo, Ont.-based company says it has entered a reselling partnership with Fleet Complete, a fleet-tracking solution company. BlackBerry Radar general manager Philip Poulidis said during a press conference call that while Radar provides a wealth of …

Farmers deal huge blow to proposed California water tunnels

FRESNO, Calif. — Two massive, $16 billion tunnels that looked to be the future of California’s water system have been thrown into limbo by a group of powerful farmers, and Gov. Jerry Brown and other tunnel proponents are facing the prospect that the project may end up just a pipe dream. The board of Westlands …

Asian stocks flat as investors await Fed meeting results

SEOUL, Korea, Republic Of — Asian stock markets were little changed on Wednesday as investors took to the sidelines ahead of the Federal Reserve’s announcement of the result of its meeting. KEEPING SCORE: Japan’s Nikkei 225 was flat at 20,298.80 and South Korea’s Kospi edged down 0.1 per cent to 2,413.63. Hong Kong’s Hang Seng …

Asian markets rise ahead of Trump speech, Fed meeting

BEIJING—Asian stock markets rose Monday as investors looked ahead to a U.S. Federal Reserve policy meeting and President Donald Trump’s speech at the United Nations. KEEPING SCORE: The Shanghai Composite Index gained 0.3 per cent to 3,363.91 and Hong Kong’s Hang Seng rose 0.9 per cent to 28,065.35. Japanese markets were closed for a holiday. …

Greyhound seeks cuts or reductions to bus routes in B.C.

VANCOUVER — Just weeks after Greyhound Canada asked for permission to cut a number of bus routes in British Columbia, more information is emerging about requested cuts to service throughout the province. Documents on the B.C. Passenger Transportation Board website show Greyhound has applied to eliminate a total of nine routes, including Prince Rupert to …

World shares mixed on NKorea launch, Fed meeting next week

HONG KONG— World stocks were mixed Friday as investors shrugged off North Korea’s latest missile launch but remained wary of risk ahead of next week’s Fed meeting, which could provide fresh hints on interest rate policy. KEEPING SCORE: European shares were uneven in early trading. Britain’s FTSE 100 shed 0.4 per cent to 7,266.33 and …

Census figures show drop in Detroit poverty rate

DETROIT— Fewer people are living in poverty in Detroit, although the former car and manufacturing giant still has the highest rate among the nation’s 20 largest cities, according to updated census estimates. Detroit’s 2016 poverty rate of 35.7 per cent was down from nearly 40 per cent the year before, the U.S. Census Bureau said …

Video game players get varsity treatment at more US colleges

BOSTON— Varsity esports teams are becoming increasingly common on college campuses as more schools tap into the rising popularity of competitive gaming. Experts say 50 U.S. colleges have formed varsity gaming teams that offer at least partial scholarships over the past three years, and many have hired coaches and analysts like other sports teams. Michael …

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