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Resolute Forest Products indefinitely idling pulp and paper operations at U.S. mill

Resolute Forest Products indefinitely idling pulp and paper operations at U.S. mill

MONTREAL — Resolute Forest Products Inc. is indefinitely idling its pulp and paper operations at its mill in Calhoun, Tenn., affecting 350 employees.
UK raises interest rates as central banks focus on inflation

UK raises interest rates as central banks focus on inflation

LONDON (AP) — The United Kingdom's central bank on Thursday became the first in a major advanced economy to raise interest rates since the coronavirus pandemic began, as banks controlling monetary policy around the globe shift their focus from stimul
Donation of shares gaining in popularity after a year of strong market gains

Donation of shares gaining in popularity after a year of strong market gains

TORONTO — David Brady and his spouse are ramping up their charitable donations this year by handing over some of their best-performing stocks.
EU drug agency gives advice on use of Pfizer COVID-19 pill

EU drug agency gives advice on use of Pfizer COVID-19 pill

THE HAGUE, Netherlands (AP) — The European Union drug regulator issued advice Thursday on the use of Pfizer’s experimental pill to treat COVID-19 to countries where authorities may want to use it before it is officially authorized amid surging infect
Tornado-hit factory sued; workers said they couldn't leave

Tornado-hit factory sued; workers said they couldn't leave

MAYFIELD, Ky.
Industrial production increases 0.5% in November

Industrial production increases 0.5% in November

WASHINGTON (AP) — U.S. industrial production increased 0.5% in November as output at the nation's factories reached the highest level since January 2019. The November gain followed an even larger 1.
Facebook whistleblower Frances Haugen has book deal

Facebook whistleblower Frances Haugen has book deal

NEW YORK (AP) — The former Facebook manager who startled the world this fall by leaking tens of thousands of internal documents and accusing her former employer of caring more about money than about public safety has a book deal.
European Central Bank to taper pandemic stimulus, but gently

European Central Bank to taper pandemic stimulus, but gently

FRANKFURT, Germany (AP) — The European Central Bank decided Thursday to avoid an abrupt end to its pandemic crisis support for the economy as the new omicron variant of COVID-19 stirs uncertainty about the recovery, despite inflation hitting record h
Statistics Canada says wholesale sales up 1.4% in October at record $72.5B

Statistics Canada says wholesale sales up 1.4% in October at record $72.5B

OTTAWA — Statistics Canada says wholesale sales climbed to a record high in October, led by gains in sales in the auto sector as automakers were able to secure semiconductor chips that have been in short supply.
US home construction jumps 11.8% in November

US home construction jumps 11.8% in November

SILVER SPRING, Md. (AP) — New home construction in the U.S. jumped 11.8% in November with strong demand boosting builder confidence. The double-digit percentage increase last month left home construction at a seasonally adjusted annual rate of 1.