Union says employees at Canada's 2 major railroads will return to work, but lawsuit planned to challenge order

Associated Press

TORONTO (AP) — Union says employees at Canada's 2 major railroads will return to work, but lawsuit planned to challenge order.

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  • Putin says Russia should consider restricting uranium, titanium and nickel exports

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  • U.S. regulator fines TD Bank US$28M for faulty consumer reports

    TORONTO — The U.S. Consumer Financial Protection Bureau has ordered TD Bank Group to pay US$28 million for repeatedly sharing inaccurate, negative information about its customers in the latest reprimand of the bank by regulators.

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  • AWS has its own chips: Here's how its CEO sees their future

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  • EU to trim proposed tariffs on Tesla, other EVs from China

    The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies, a source familiar with the matter said on Tuesday. Tesla's proposed tariff rate will drop to 7.8%, from 9%, the source said. These tariffs are on top of the EU's standard 10% import duty for cars.

  • Denard Robinson and Braylon Edwards are among former Michigan players suing NCAA and Big Ten Network

    Former Michigan football stars Denard Robinson and Braylon Edwards are suing the NCAA and Big Ten Network with other former Wolverines players, claiming they lost out on more than $50 million during their college careers because of the association's now-lifted ban on athletes being compensated for name, image and likeness.

  • Starbucks new CEO Niccol to improve coffee culture at US stores

    (Reuters) -Starbucks' new CEO Brian Niccol said he would focus on reinvigorating coffeehouse culture at the chain's stores in the U.S. as he takes the helm in the midst of patchy demand for its pricey lattes. Starbucks named Niccol as its CEO in a surprise move last month, replacing Laxman Narasimhan after the company's comparable sales fell for the second straight quarter this year. In his first week at the job, Niccol said in an open letter he would initially focus on U.S. stores delivering drinks and food on time and elevating in-store experience for customers in a bid to "reestablish the brand as the community coffeehouse."

  • China's exports up solidly but slowing imports dim trade outlook

    BEIJING (Reuters) -China's exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while imports disappointed amid weak domestic demand. The mixed trade data highlights the challenge facing Beijing as policymakers try to bolster overall growth without becoming too reliant on exports, especially given the tightening of consumers' purse strings. China's economy has failed to fire over the past year amid a prolonged property sector downturn, and a survey last week showed exports in the doldrums and factory gate prices at their worst in 14 months, pointing to producers slashing prices to find buyers.