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Trump slaps tariff on Canadian softwood lumber

Since the dissolution of the most recent U.S. But even a preliminary decision has immediate real-world consequences, by discouraging importers from buying lumber from Canada. "The thing that we know about (U.S. President) Donald Trump is that, and he's said as much in his autobiographies, he is a bit of a bully". Particularly because the lumber industry is such a big job provider for the Canadian economy, especially here in British Columbia. Read More »

LVMH, Arnault to simplify Christian Dior business structure

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Designer Christian Dior founded the House of Dior in 1946, with backing from businessman Marcel Boussac. It would offer 172 euros in cash and 0.192 shares in Hermes HRMS.PA , in which Arnault also has a stake, to buy each remaining Christian Dior DIOR.PA share it does not now hold. Read More »

Fire at PG&E substation leaves thousands without power in San Francisco

The outage began 9:15 a.m., Anderson said . BART's Montgomery Station was closed due to the outage, and trains were running through the station without stopping. However, no injuries related to the blackout were reported . About 88,000 customers were without power from residents in the Richmond District to businesses and office buildings in the Financial District. Read More »

Worries over Trump policies cloud start of IMF, World Bank meetings

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Christine Lagarde, managing director of the International Monetary Fund, noted that the global economy is expanding at a healthier clip this year but said, "We need to make that global growth more inclusive". The country's debt stock as a percentage of the total value of the economy over the years has been a concern for the country's development partners, donors, and rating agencies because of its impact government expenditure, the cost of credit, economic growth. Read More »

SC to decide validity of linking Aadhaar with Pan card

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When Mr Rohatgi said, "We brought the land to introduce Section 139AA of the Income Tax Act as we found that same person was having more than one PAN number". Rohatgi further said that Aadhaar is voluntary only with respect to availing social service schemes. It had, however, said that Centre can not be barred from seeking Aadhaar cards, which are issued by UIDAI, for "non- benefit" purposes like filing of IT returns and opening of bank accounts. Read More »

Russian bombers spotted off Alaskan coast twice in 24 hours

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Russian Federation has also flown its jets off the coast of USA allies like Japan, CNN noted. The planes did not violate U.S. airspace on any of the occasions, though during the most recent sighting late Thursday, U.S. ally Japan four times this month. The Japanese have had to scramble fighter jets four times recently due to Russian planes in close proximity to Japanese air space. Read More »

Arkansas executes death row inmate Ledell Lee

According to on-site reports from ABC station KATV , the Arkansas Department of Corrections said the first drug was administered at 11:44 p.m., and Lee was pronounced dead at 11:56 p.m. Another Arkansas prisoner, Stacey Johnson - who had also been scheduled to die Thursday - was granted a stay by the state Supreme Court on Wednesday , a reprieve that stemmed from a bid to have an evidentiary hearing connected to his request for DNA testing. Read More »

Canada, Ontario face hard choice as Toronto home bubble builds

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A foreign buyers tax will slow but not stop money coming from Chinese investors, said real estate broker Tony Ma, whose HomeLife Landmark Realty Inc is one of the largest brokerages in Toronto serving buyers of Chinese descent. The province is also considering to bring in a standardized lease, similar to that exists in Quebec, to stop landlords from putting illegal clauses in their contracts with tenants. Read More »

'Only time will tell' on improving US-China trade

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Although there was serious business to be done between the leaders of two of the world's superpowers, it appears the two also shared a touching and lighthearted moment. Beijing's insistence on a peaceful approach to resolving the issue is rooted in its belief that any attempt to denuclearize the North by force would bring cataclysmic results upon all sides, including China, Ruan said. Read More »

French candidates boost security ahead of tense vote

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French cuisine and wine are deeply important to the French national psyche and self-image, and there will be sympathy for the plight of farmers among voters at large. “For some, France will be Cuba without the sun or Venezuela without the oil, ” he said. "The campaign must continue until the end". “We begin to wonder which France Mr. Read More »

Warplanes strike Syrian town hit by earlier chemical weapons attack

Russian Federation is responsible for the latest deaths in Syria and it must act to help the United Nations to dismantle Bashar al-Assad's chemical arsenal, British Defense Secretary Michael Fallon has said. McMaster, Tillerson said Moscow had "failed" to live up to its obligations under a 2013 agreement to strip Syria of its chemical weapons stockpiles. At the end of last month, Haley told reporters that the USA priority in Syria "is no longer to sit there and focus on getting Assad out". Read More »

Equal Pay Day: Wage Gap Still Exists In 2017

On Tuesday, women and men across America commemorate " Equal Pay Day ", which purportedly represents how far into 2017 women must continue working in order to earn what their male counterparts earned past year. While this may seem more encouraging than the national average, it's still important to note that Asian women continue to have to work over two months more than white men just to get the same paycheck. Read More »

Inside the Hotel Industry's Plan to Combat Airbnb

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In an emailed statement to the Times , Airbnb spokesman Nick Papas said the extensive plan proves that "the hotel cartel is intent on short-sheeting the middle class so they can keep price-gouging customers". Airbnb , without a doubt, has served travelers with their accommodation at an economical cost while providing them an experience that's more than just staying in a rented house. Read More »

Patriots place offer sheet on Bills RB Mike Gillislee

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The Bills now have one week to match the offer sheet or decline the option. Along with starter LeSean McCoy, Jonathan Williams, Mike Tolbert and Patrick DiMarco are the other notable backfield assets on the roster, which could lead the organization to let Gillislee walk. Read More »

Netflix on the verge of hitting 100 million subscribers

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On the subscriber-growth miss, the company's stock fell three per cent in after-hours trading before rebounding a bit but still trading below Monday's closing price. Q1 EPS (GAAP): $0.40, versus Wall Street forecasts of $0.37. Netflix had piled up $1.5b in operating losses on its worldwide operations until the first quarter, when its streaming service outside the USA posted an operating profit of $43m. Read More »

Small plane crashes next to Lisbon-area supermarket; 5 dead

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The Swiss-registered Piper PA-31 Navajo was en route to Marseilles, France, when its crashed shortly after takeoff from a small airport in Tires, about 12 miles from Lisbon , around noon. At least one witness said the plane had exploded in midair. Authorities have closed the airfield while an investigation is carried out into the cause of the crash. Read More »

Sell Sahara's Rs 34000 crore worth Aamby Valley properties: SC

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Aamby valley which is a township in Pune is valued at Rs 35,000 crore. The SC directed the SEBI and Bombay High Court to initiate the process of auction immediately after receiving the documents. The court has also ordered personal presence of Sahara chief Subrata Roy before it on April 28. Subrata Roy, chief of Sahara Group, was arrested in 2014 over the failure of its two group companies to return 24,000 rupees to its investors, which was a court order. Read More »