(AFP) – Striking writers whose industrial action has paralyzed Hollywood said Sunday they had reached an “exceptional” deal with studios that could see them go back to work. The apparent breakthrough will raise hopes that striking actors can also reach…
(AFP) – Stock markets wobbled Friday as traders increasingly bet on the Federal Reserve sticking to its policy of raising US interest rates as the world’s biggest economy shows resilience despite inflation staying high. Rising oil prices added to concerns that…
(AFP) – Elon Musk, the owner of social media platform X, formerly Twitter, said the site is considering suing the Anti-Defamation League (ADL) over accusations of anti-Semitism, which he blames for falling revenue. Musk late Monday accused the US-based Jewish organization…
(AFP) – Manufacturing giant 3M said Tuesday it has reached a $6 billion settlement over claims by US military veterans that its earplugs were faulty and failed to protect their hearing. The mediated agreement will see 3M “contribute a total amount…
(AFP) – Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado damage to a key manufacturing facility. Profits in the second quarter were $2.3…
By: Thomas I. LiknessEagle News Service (Eagle News) — Dockworkers on Canada’s Pacific coast who had planned to be back on the picket lines Saturday have changed their minds. The workers rejected a tentative deal reached last week that ended…
By: Thomas I. LiknessEagle News Service (Eagle News) — Dockworkers on Canada’s Pacific coast plan to be back on the picket lines this weekend after rejecting a tentative contract settlement Tuesday. The tentative deal ended a 13-day strike which shut…
By: Thomas I. LiknessEagle News Service (Eagle News) — For a second consecutive month, Canada’s central bank has hiked its key interest rate Wednesday by a quarter of a percent to 5.0% in another attempt to cool the economy. Rates…
(AFP) – Facebook, Instagram and WhatsApp may need to overhaul how they collect the data of users in Europe after the top EU court ruled against parent company Meta on Tuesday. The European Court of Justice (ECJ) ruled in favour…
By: Thomas I. LiknessEagle News Service (Eagle News) — The latest figures from Statistics Canada peg the year-over-year inflation rate in May at 3.4% — the smallest increase since June of 2021. “The slowdown was largely driven by lower year-over-year…
