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1-10 results from 1000 for query «billion»

January 14, 2019 9:57 PM TSX up slightly, US stock markets move lower in late-morning trading; Loonie down

Canada’s main stock index inched forward Monday, while major indices south of the border fell slightly during a relatively flat day for the markets. “The real headliner was the data we got out of China,” said Craig Fehr, a Canadian markets strategist for Edward Jones. China reported that its exports fell last month. Chinese exports to America fell 3.5 per cent to US$40.3 billion 75

January 14, 2019 9:16 PM Marijuana producer Canopy Growth granted hemp licence in New York

Cannabis products with higher levels of tetrahydrocannabinol, or THC, remain listed as restricted drugs by the U.S. federal government. Canopy says it will source hemp exclusively from U.S. farmers for its U.S. operations once up and running. Canopy Growth says it’s in the process of evaluating a number of sites that will become one of its first extraction 74

January 14, 2019 5:13 PM Air Canada and Jazz parent extend agreement, securing regional airline’s future

Chorus says the agreement, announced Monday, will grow its revenues by $940 million for a contracted total of $2.5 billion in aircraft leasing and fixed fees over the next 17 years. The deal also amends a 2015 agreement by lowering the fixed fees and incentive revenue Chorus receives by about $50 million annually. Under the new contract, Air Canada will make an equity 85

January 14, 2019 11:39 AM Newmont Mining to buy Goldcorp to create one of world’s biggest gold producers

VANCOUVER - Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion. The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp’s outstanding common shares. The deal has the unanimous support of the directors of both companies 82

January 11, 2019 4:03 PM TEXRail now serving Dallas-Fort Worth International Airport

FORT WORTH, Texas - The $1 billion TEXRail commuter line has begun service to Dallas-Fort Worth International Airport. The 27-mile rail line from downtown Fort Worth began transporting passengers Thursday. TEXRail trains are operated by the Trinity Metro transit agency. Service had been scheduled to start last weekend but was delayed until federal inspectors 18

January 11, 2019 12:41 PM RBC’s CEO vows improvement to disappointing mortgage performance

Margins in the domestic mortgage business “were challenged” and the market was “super competitive” last year, McKay said. Toronto-based Royal Bank, Canada’s largest mortgage lender, with $246.9 billion (Canadian) of home loans as of Oct. 31, will do better and gain back some market share this year, McKay said. He expects the domestic mortgage market 23

January 10, 2019 9:22 PM Japanese auto supply giant Denso joins Montreal AI cluster with new R&D lab

Quebec premier Francois Legault, on hand for the downtown announcement, said AI will yield productivity gains across the globe and increase nominal GDP in Quebec by more than $4 billion annually. Over the past few years, Montreal’s booming big-data sector has lured corporate behemoths such as Facebook, Microsoft Corp., Google parent Alphabet Inc., Royal 25

January 10, 2019 9:14 PM Montana lawmaker proposes to give $8M to build border wall

HELENA, Mont. - A Republican lawmaker in Montana is proposing to give more than $8 million to help build President Donald Trump’s proposed wall on the Mexican border, while South Dakota senators voted Thursday to endorse the president’s plans. As Trump travelled to the U.S.-Mexico border Thursday to make his case for $5.7 billion to build the wall in the government 16

January 10, 2019 9:03 PM California governor offers $144B budget, sees big surplus

He wants to invest $500 million in infrastructure to provide more childcare and $750 million for kindergarten programs. And he’s calling for boosting a tax credit for the working poor by a total of more than a half-billion dollars. Saying California is “not playing small ball,” Newsom is also seeking more than $1 billion to combat the most populous state’s 21

January 10, 2019 8:29 PM The Latest: Lawmakers react to new governor’s first budget

Newsom will work with the Legislature over the next six months to finalize the budget. Surpluses often change between the governor’s January budget presentation and the final budget due in June. Gov. Gavin Newsom says California is “not playing small ball” as he seeks more than $1 billion to combat the most populous state’s homeless problem by encouraging 18