Stories of how communities, individuals, and industries are adapting to global crises like pandemics, climate disasters, and economic downturns.
The company posted better-than-expected first-quarter earnings. Delta Air Lines Inc.’s shares were up nearly 10 percent in early trading on April 9, after the Atlanta-based carrier reported better-than-expected first-quarter earnings and paused its yearly profit and sales outlook. Despite the current “slow-growth environment” due to global trade uncertainty surrounding U.S. tariff policy, Delta CEO Ed
Bessent did not provide details on what the Trump administration may do. Treasury Secretary Scott Bessent on Wednesday warned other countries not to align themselves with China on trade as it engaged in tit-for-tat tariffs on the United States. Bessent delivered the warning at the American Bankers Association in Washington, saying that seeking closer ties
Europe must make radical policy changes, failing which, more than $100 billion in funding for pharmaceutical research, development, and manufacturing could move to the United States, warned the European Federation of Pharmaceutical Industries and Associations (EFPIA). A survey of 18 EFPIA member companies conducted last week found that up to 85 percent of capital expenditure
The airline said it would hold off on forecasting full-year performance due to weaker travel demand and uncertainty around global trade. Delta Air Lines announced on April 9 that it is withdrawing its financial forecast for 2025 and will reduce its planned capacity growth for the second half of the year, citing weaker demand and
The increase came while mortgage rates remained elevated above the 6.5 percent level. More mortgage funds were made available in the housing market last month than in the previous month, with refinance programs driving the growth, according to the Mortgage Bankers Association (MBA). The Mortgage Credit Availability Index, which measures the supply of mortgage credit
Ontario is proposing the expansion of “strong mayor powers” to the leaders of 169 new municipalities starting May 1, effectively tripling the number of mayors possessing such authority. The proposed expansion comes as Ontario is struggling to meet the pace required to achieve its goal of building 1.5 million homes by 2031. Municipal Affairs Minister
News Analysis A range of news headlines this week about the nature of a Beijing information operation focused on Liberal Leader Mark Carney portrayed the situation in various ways, with some saying he was being targeted and others saying he was being praised. Other news reports took a more neutral approach and focused on Beijing’s
Former Michigan congressman Pete Hoekstra has been confirmed by the U.S. Senate as the new United States ambassador to Canada. He will become America’s top diplomat in Ottawa in a fraught time in U.S.-Canada relations, with President Donald Trump hitting Canada with tariffs on automobiles, steel and aluminum and continuing to hold out the threat
The Newfoundland and Labrador government is delaying its plan to balance the books for another year, with a new budget forecasting a $372-million deficit as the province navigates uncertainty from decisions made south of the border. With United States President Donald Trump threatening and, in some cases, implementing tariffs on Canadian goods, Finance Minister Siobhan
The Ontario Provincial Police (OPP) has launched a Canada-wide warrant for a violent offender with a history of attacking children, just weeks after his release from prison to a Toronto residential facility. The OPP’s Repeat Offender Parole Enforcement (ROPE) Squad said 44-year-old Simon Gares, whom Toronto police has previously identified as a threat to public