Business and Economy

Feds add to oil train testing requirements after spate of accidents in US, Canada

BILLINGS, Mon. – Federal regulators are further tightening testing requirements for companies that transport oil by rail after a spate of explosions caused by crude train derailments in the U.S. and Canada. Thursday’s action from the U.S. Department of Transportation builds on a Feb. 25 order that targeted oil shipments for more stringent testing. Testing …

3 ex leaders of major NYC law firm charged with fraud in its 2012 collapse

NEW YORK – Three former leaders of a once-potent New York law firm are facing fraud charges stemming from its collapse. Manhattan District Attorney Cyrus R. Vance unveiled the criminal case Thursday in what was the nation’s biggest law firm bankruptcy. The defendants are former Dewey & LeBouef (luh-BUHF’) LLP chairman Steven Davis, former chief …

Markets mostly higher as Ukraine tensions continue to ebb; weak yen boosts Japan

TOKYO – Shares rose ahead of a monthly policy meeting of the European Central Bank on Thursday as easing tensions in the Ukraine kept markets stable after their recent bout of volatility. Britain’s FTSE 100 gained 0.3 per cent to 6,797.14 and Germany’s DAX added 0.4 per cent to 9,577.35. The CAC-40 in France rose …

Don’t count on home equity for retirement income

Photo: Facebook Page of Home Equity Are you counting on your home to fund your retirement? You’re not alone. A recent survey by Sun Life Financial showed that 24% of respondents believed that residential real estate would serve as their primary source of retirement income. But this could be a false hope, and in my …

Asian stock markets muted as Ukraine crisis adds to risk factors

  MUMBAI, India – Asian stock markets were subdued Tuesday after investors around the world took fright at how the crisis in Ukraine might escalate. Oil prices settled somewhat after spiking by 2.3 per cent Monday on the possibility of Western sanctions against Russia for its military incursion into the Ukraine’s Crimean peninsula. Russia is …

The Top Brands for Refurbished Electronics Offer Discounts of Up to 50%

Here at DealNews, we tend to see a lot of deals on refurbished electronics. Short of finding a working 60″ HDTV on the side of the road (which has only ever happened to one person that we know of), buying refurbished is the best way we know to get absolute lowest prices on good-as-new electronics. …

The PS4 Is Outselling the Xbox One Because It Appeals to ‘Swing Gamers’

Although the Xbox One had been selling well out of the gates, it recently came to light that the PlayStation 4 has charged ahead; in fact, in January Sony moved twice as many units of its latest-generation console than Microsoft did. For some, this may come as a surprise, since the Xbox 360 was generally …

51% of People Will Save Their Tax Refund, 17% More Than Last Year

As the famed Benjamin Franklin quote (loosely) goes: In this world, nothing is certain except for death and taxes. However, which of those certainties is the one more upsetting is up for debate; apparently, a sizable chunk of our readers (a whopping 32%, to be exact) fear the sight of 1040s and tax software more …

The Best and Worst Things to Buy in March

Spring is at our doorstep, and even if you’re planning to stay glued to the couch for all of March Madness, you’ll also likely be doing a bit of spring shopping. To help you save big, we’ve mined the extensive DealNews archives for sales, coupons, daily deals, and individual products from the past few years …

Balanced BC Budget 2014

  The B.C. government has just tabled its second successive balanced budget, with projected surpluses over the course of the three-year plan. We are also on track to end the current fiscal year with a surplus of $175 million. This grants us membership to a very exclusive club — provinces with a balanced budget. In fact, depending on …

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