Business

Skiers and snowboarders will have to wait a little longer for Marble Mountain to open for the winter season. Mother Nature has to provide a some more snow and favourable conditions for snowmaking. – SaltWire File Photo

Despite tough season, N.L. tourism minister says province sees value in investing in Marble Mountain, focusing on year-round operation

From a late start to winter and a rainstorm that washed out a main run, the 2023-2024 season was tough for Marble Mountain. With just 58 days of operation, those involved with the running of the Steady Brook ski resort say transitioning to a ...

Updated 11 hours ago |7 min read

N.L. gas prices up 3.5 cents overnight Thursday, April 18

Updated a day ago |1 min read

Gas prices went up in Newfoundland and Labrador after the weekly scheduled adjustment on April 17. - File

Crab deal will pay dividends this year and pave way for longer-term stability, says union president

Updated a day ago |7 min read

With the 2024 crab fishery having slated to have begun this past Saturday, April 6th., 2024, crab fishing boats still remained tied-up as fish harvesters await a settlement on fish pricing issues between the Fish, Food & Allied Workers (FFAW) union and the Association of Seafood Producers (ASP). But, fish harvesters are still busy preparing for the return to the fishing grounds once the settlement is reached and they can get back on the water. Here at St. John’s Harbour on Thursday afternoon, April 11, 2024, harvesters load crab pots from a trailer on the waterfront onto the fishing vessel Dalton Princess. -Photo by Joe Gibbons/The Telegram

Budget 2024 met with criticism by N.L. labour leaders

Updated a day ago |6 min read

Prices at the Pumps: An up and down week at the pumps

Updated a day ago |1 min read

Cultural care: New long-term care facility opens in Eskasoni

Updated 12 hours ago |8 min read

Tara Black of Sydney is among the employees working at the new Steel Grounds Café location on the Sydney harbourfront. BARB SWEET/CAPE BRETON POST

Cape Breton's Steel Grounds Café opens new location on Sydney waterfront

Barb Sweet |Updated Apr. 16, 2024 |4 min read

SYDNEY, N.S. — The Steel Grounds Café has a new location on the Sydney waterfront. The non-profit venture operated by the Horizon Achievement Centre opened a Steel Grounds Café Grab and Go at the Joan Harriss Cruise Pavilion and in its first week of ...

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019.

Fed's Bostic: open to a rate hike if inflation progress stalls

Reuters |Updated 23 minutes ago |1 min read

(Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said that if inflation does not continue to move toward the U.S. central bank's 2% goal, as he expects it will, central bankers would need to consider an interest-rate ...

Jabil places CEO Wilson on paid leave amid investigation

Reuters |Updated 23 minutes ago |1 min read

(Reuters) - Jabil Inc has placed Chief Executive Officer Kenneth Wilson on a paid leave since April 15 pending completion of an investigation related to corporate policies, the electronic components maker said on Thursday. The company appointed ...

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.

SYLVAIN CHARLEBOIS: The Trudeau paradox of more spending and more hunger

Sylvain Charlebois · Contributed · Postmedia News |Updated 1 hour ago |4 min read

There are numerous metrics to gauge a nation’s wealth, and one revealing measure is how much its citizens spend on food relative to their disposable income. The Trudeau government has expressed a commitment to aid the impoverished and disadvantaged.

A PPG Industries precipitated silicas plant is pictured in West Lake, Louisiana, U.S., June 12, 2018.

Coatings maker PPG misses Q1 revenue estimates on lower sales volume

Reuters |Updated 1 hour ago |2 min read

(Reuters) - PPG Industries missed first-quarter revenue estimates on Thursday due to sluggish demand in its industrial and performance coating businesses. Quarterly net sales fell about 2% to $4.31 billion from a year earlier. Analysts had ...

Passersby walk in front of an electric screen displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan March 21, 2024.

Morning Bid: Jitters heighten, financial conditions tighten

Jamie McGeever |Updated 1 hour ago |2 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets will hope to end a bruising week on a positive note on Friday, but fraying global sentiment and a reluctance to take on much risk ahead of the weekend amid ...

Achim Steiner, Administrator of United Nations Development Programme (UNDP), speaks during an interview with Reuters in Sao Paulo, Brazil, February 27, 2024.

Widening development gap risks triggering destabilization, UN official says

Andrea Shalal |Updated 1 hour ago |3 min read

By Andrea Shalal WASHINGTON (Reuters) - The world's poorest countries are facing debt distress and fiscal crises as foreign investment wanes and the gap with richer economies widens, risking political destabilization and unrest, the United ...

Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015.

J&J wins trial over Florida woman who claimed its baby powder caused her cancer

Dietrich Knauth |Updated 1 hour ago |3 min read

By Dietrich Knauth NEW YORK (Reuters) - A Florida jury on Thursday concluded that Johnson & Johnson's baby powder talc product did not cause the ovarian cancer of a Florida woman who died in 2019. The lawsuit was brought by family members of ...

MONEY LADY PODCAST: How to author a wealthier life

Scott Squires · Producer video/audio |Updated 2 hours ago |1 min read

T. Rowe Price says 2018 Tesla pay aligned with investor interests

Ross Kerber |Updated 2 hours ago |2 min read

By Ross Kerber (Reuters) - Mutual fund firm T. Rowe Price said Elon Musk's record-breaking 2018 pay package from Tesla "demonstrated strong alignment" with the interests of investors at the electric carmaker. The comments from the 10th-largest ...