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1-10 results from 1000 for query «contract»

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 84

January 12, 2019 12:59 AM New Toronto Raptor Patrick McCaw keeping things in perspective

Patrick McCaw, the free-agent guard who officially signed with the Toronto Raptors on Thursday night, knows that better than most. The 23-year-old former Golden State Warrior suffered a particularly scary bone bruise when he was undercut by Vince Carter in a game against the Sacramento Kings last April. McCaw landed hard on his back and was stretchered 42

January 11, 2019 10:21 PM New York Yankees agree to deal with Gold Glover D.J. LeMahieu

The 30-year-old LeMahieu spent the previous eight seasons with Colorado at hitter-friendly Coors Field and won the NL batting title in 2016 with a .348 average. He hit .276 last year with 15 homers and 62 RBIs, and he won his second straight Gold Glove and third overall. New York was seeking infielders in the absence of shortstop Didi Gregorius, who is recovering 42

January 10, 2019 11:58 PM AP Explains: Venezuela’s economy, political crisis

Venezuelan President Nicolas Maduro started a second, six-year term Thursday amid international cries urging him to step down and return democratic rule to a country suffering a historic economic implosion. Maduro says he is going to turn around an economy whose collapse he blamed on U.S. sanctions. However, few experts see signs that his policies will rescue 21

January 9, 2019 4:05 PM Bombardier signs $669M rail car deal with N.J., but no work north of border

MONTREAL—Bombardier Inc. has signed a $669-million (U.S.) deal to provide 113 commuter rail cars to New Jersey. The company says the contract will yield no additional work in Canada, with Buy American rules prompting Bombardier’s plant in Plattsburgh, N.Y., to build the multi-level cars, rather than its facility in Quebec. As of 2018, at least 65 per cent of the cost of components 25

January 8, 2019 7:53 AM Twenty children injured at Beijing primary school after man allegedly attacks them with hammer

BEIJING—A 49-year-old man injured 20 children with a hammer Tuesday inside a primary school in China’s capital, officials said. Three of the children have serious but non-life-threatening injuries, the Xicheng district government said on its social media account, adding that the attack took place at 11:17 a.m. The suspect, surnamed Jia, was apprehended 26

January 4, 2019 7:52 PM Trade tensions prompt supply chain changes for firms in China

On Wednesday afternoon, Apple Inc. cut guidance sending its stock down 10 per cent and the S&P 500 down 2.5 per cent. CEO Tim Cook, in a letter to investors, cited trade issues, “We believe the economic environment in China has been further impacted by rising trade tensions with the United States.” The following morning, Kevin Hassett, chairman of the U.S. Council 24

January 3, 2019 4:33 PM Canadian court slams Uber’s arbitration process

“Uber drivers have a strong claim to be treated as employees,” said Mr. Heller’s lawyer Michael Wright. The question of whether contract workers should be treated as employees has roiled Silicon Valley for years. Having a flexible fleet of contract driver, delivery or repair workers has helped keep costs low for companies like Uber, Instacart Inc. and Amazon 23

December 25, 2018 10:58 PM Ottawa, Irving Shipbuilding ask trade tribunal to toss challenge to warship contract

OTTAWA—The federal government and Halifax-based Irving Shipbuilding are asking a trade tribunal to throw out a challenge to their handling of a high-stakes competition to design the navy’s new $60-billion fleet of warships. In separate submissions to the Canadian International Trade Tribunal, the federal procurement department and Irving say the challenge 27

December 24, 2018 3:27 PM Toronto stock index, loonie start week moderately lower as U.S. markets plunge

The S&P/TSX composite index was down 45.80 points at 13,889.64 after the first 90 minutes of a shortened trading day. The Toronto Stock Exchange closes at 1 p.m. and reopens Thursday after a two-day holiday. In New York, the Dow Jones industrial average was down 309.15 points at 22,136.22. The S&P 500 index was down 19.05 points at 2,397.83, while the Nasdaq 28