Business

Pho F&M owners Madeline and Mark Tran moved to St. John's from Vietnam with their two sons in 2021.

Family cooking 'with all of our hearts' to bring tastes of Vietnam to St. John's at newly-opened pho restaurant

Mark Hoffe Special to SaltWire Newfoundland and Labrador’s culinary landscape grows more diverse every year. Although fish and chips, burger battles and pizza remain popular with locals and tourists, food from various world cultures finds a welcome ...

Updated 9 hours ago |7 min read

'We brought The Seed Company into the 21st century': St. John's-based business prepares to celebrate 100 years

Updated a day ago |7 min read

Jackson McLean, manager, and owner Peter Byrne of The Seed Company in St. John's. Next April marks 100 years in business for the company, though the pair have already begun ringing in the occasion and hope to have some sales and contests soon. Cameron Kilfoy/The Telegram

All fuel prices drop in Newfoundland and Labrador overnight Thursday, April 25

Updated Apr. 24, 2024 |1 min read

Higher gas prices are expected to have bumped up inflation in March.

Prices at the Pumps: Some small relief, more for diesel

Updated a day ago |1 min read

Construction boom hits Moncton in first quarter of 2024

Updated a day ago |2 min read

Union to launch boycott of Java Blend coffee shops in Halifax

Updated a day ago |3 min read

U.S. Secretary of State Antony Blinken speaks during a press conference at the U.S. Embassy in Beijing, China, April 26, 2024. Mark Schiefelbein/Pool via REUTERS

U.S. chip bans not meant to hobble China's growth, Blinken says

Stephen Nellis |Updated 5 minutes ago |2 min read

By Stephen Nellis (Reuters) - U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National ...

Husky fined $2.5 million for N.L.'s largest oil spill

Tara Bradbury · Reporter |Updated 27 minutes ago |3 min read

Husky Oil Operations Ltd. has been ordered to pay a total of $2.5 million in fines for a 2018 crude oil spill believed to be the largest in the province’s history. Provincial Court Judge Lois Skanes accepted a joint sentencing submission from Crown ...

Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports

Reuters |Updated 5 minutes ago |1 min read

(Reuters) - Apple Inc has renewed discussions with OpenAI about using the startup's generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg News reported on Friday, citing people familiar with ...

Planemaker Embraer CEO says supply chain has been improving

Gabriel Araujo |Updated 1 hour ago |1 min read

By Gabriel Araujo SAO JOSE DOS CAMPOS (Reuters) - The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain. Francisco Gomes Neto told reporters at an ...

US regulators set to seize Republic First Bancorp, WSJ reports

Reuters |Updated 5 minutes ago |1 min read

(Reuters) - U.S. regulators are set to seize Republic First Bancorp and are nearing a deal to sell it to another lender, the Wall Street Journal reported on Friday citing people familiar with the matter. The deal could be announced as soon as ...

Google plans $3 billion data center investment in Indiana, Virginia

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia. A boom in artificial intelligence applications has increased the demand for cloud computing, ...

L3Harris cuts 5% workforce in cost-saving measure

Reuters |Updated 2 hours ago |1 min read

(Reuters) - U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday. The announcement confirms a Reuters ...

Deutsche Bank to make provision for Postbank suit that will hit Q2 profit

Reuters |Updated 16 minutes ago |2 min read

BERLIN (Reuters) - Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability. Germany's flagship lender ...

American Airlines aircraft are parked at Ronald Reagan Washington National Airport in Washington, U.S., August 8, 2016.

American Airlines to adjust routes amid Boeing 787 delivery delays

Reuters |Updated 3 hours ago |1 min read

(Reuters) - American Airlines will be making adjustments to certain routes in the second half of 2024 and the first quarter of 2025, the carrier said on Friday, citing ongoing Boeing 787 delivery delays. "We're making these adjustments now to ...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

Lofty US stocks leave investors punishing earnings disappointments

Lewis Krauskopf |Updated 5 minutes ago |3 min read

By Lewis Krauskopf NEW YORK (Reuters) - Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports ...