Category Archives: Business

Stock market: Asian shares rise as Wall Street tech gain boosts optimism

TOKYO – Asian shares were mostly higher on Thursday, tracking an overnight rally on Wall Street as investors sought out bargains, including technology stocks. Benchmarks rose in Tokyo, Seoul and Sydney. Markets in Hong Kong were closed for a holiday. The Shanghai Composite index was little changed, at 3,561.91, after the government […]

Ontario CEO tests four-day work week for employees, says she won’t go back

The founder of an Ontario company that tested out a four-day work week for her employees says she will never go back to working a full week.  Jamie Savage, CEO and founder of Toronto-based recruitment company The Leadership Agency, implemented a four-day full work week for employees in October 2020. Savage said she noticed during […]

Port of Los Angeles to become 24/7 operation to ease supply chain backlog: White House

WASHINGTON – The White House said Wednesday it has helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to relieve supply chain bottlenecks and move stranded container ships that are driving prices higher for U.S. consumers. U.S. President Joe Biden planned to […]

Exclusive: Squid Game is Netflix’s ‘biggest ever’ series launch

“Squid Game” — a fictional drama from South Korea — is Netflix’s “biggest-ever series at launch,” the streaming company exclusively told CNN on Tuesday. The dystopian series, in which contestants who are deeply in need of money play deadly children’s games to win cash prizes, has been viewed by 111 million accounts since debuting on […]

Stock market: Asian shares mixed after muddled day of trading on Wall St

Shares were mixed in Asia on Wednesday as traders waited for updates on inflation and corporate earnings. Shares rose in Shanghai after customs data showed exports rose in September, though imports slowed sharply. The Shanghai Composite index jumped 0.6% to 3,566.24. Tokyo’s Nikkei 225 index fell 0.3% to 28,140.28 and the S&P/ASX […]

Rebuffing Texas governor, American Airlines, Southwest stand by vaccine mandate

CHICAGO – Rebuffing the Texas governor, American Airlines and Southwest Airlines said on Tuesday they would comply with U.S. President Joe Biden’s executive order to require their employees be vaccinated for COVID-19 by a Dec. 8 deadline. The two Texas-based carriers said the federal mandate superseded an order by Republican Governor Greg Abbott […]

Alan Horn, longtime film executive, to retire from Disney

NEW YORK — Alan Horn, the film executive who helped turn Walt Disney Studios into the most powerful movie studio in Hollywood and whose 50-year career has touched films from from “When Harry Met Sally…” to “The Dark Knight,” is retiring. Disney announced Monday that Horn, 78, chief creative officer of Disney Studios Content, will […]

Customs dispute at Canadian border jeopardizes U.S. fish stick, filet supply

PORTLAND, Maine – A customs dispute at the U.S.-Canada border is threatening America’s supply of a key fish used for popular products such as fish sticks and fast food sandwiches. The Alaska pollock has a complicated supply chain. After being caught as part of the largest commercial fishery in the U.S., the fish […]