Article content (Bloomberg) — A Dutch company has erected the world’s strongest crane to help meet soaring demand for massive new energy infrastructure — including giant wind turbines. The crane, built by heavy lifting firm Mammoet for tens of millions of dollars, is among the latest bets that rising energy consumption will require huge new […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Jocelyn Gecker Published Aug 31, 2024 • 4 minute read Article content SACRAMENTO, Calif. (AP) — When she was in fifth grade, Scarlett Goddard Strahan started to worry about getting wrinkles. By the time she turned 10, Scarlett and her friends were […]
Article content WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years. Prices rose just 0.2% from June […]
Article content EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans climb higher. The company behind Canadian Western Bank, which agreed in June to be acquired by National Bank of Canada, says its common shareholders’ net income amounted […]
Article content WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and […]
Breadcrumb Trail Links PMN Business As most countries struggle to install clean energy fast enough, Germany tackled the industry’s toughest problem: slow permitting. Author of the article: Bloomberg News Marilen Martin and Akshat Rathi Published Aug 27, 2024 • 3 minute read Wind turbines at an onshore windfarm, opeated by Encavis AG, near Brandenburg an […]
Breadcrumb Trail Links PMN Business The topsy-turvy US presidential election has Wall Street racing to adjust its bets as Democratic party candidate Vice President Kamala Harris keeps surging in the polls against the once presumptive favorite, Republican former President Donald Trump. Author of the article: Bloomberg News Esha Dey Published Aug 27, 2024 • 4 […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Dee-ann Durbin Published Aug 25, 2024 • 4 minute read Article content The largest proposed grocery store merger in U.S. history is going to court. On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them […]
Article content PARIS (AP) — The founder and CEO of the popular encrypted messaging service Telegram was detained at a Paris airport, French media reported Sunday. Pavel Durov was detained at the Paris Le Bourget airport on Saturday evening after landing in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Aug 25, 2024 • 4 minute read Jana Cook of Claresholm, Alta., as shown in this handout image, is one of a growing number of people marketing their skills as “burnout coaches” able to help working professionals bounce back […]