Gildan Activewear Inc. said it will close two sock factories in North Carolina by the end of August, a move that will put 520 people out of work.
Montreal-based Gildan has been shifting production from Canada and the United States to Central America and the Caribbean over the past months. Gildan 3-month stock chart
The company […]
Wildfire Hotspots Spook Insurance Cos. Insurers Tell Homeowners in High-Risk Wildfire Zones to Clear Brush, Take Other Precautions By GILLIAN FLACCUS The Associated Press
SANTA ANA, Calif.
Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush […]
A visit from the Terminator was enough to get Prime Minister Stephen Harper to announce a plan to crack down on film piracy.
Harper made the pledge to strengthen Canada’s laws dealing with camcording in cinemas during a visit from California Gov. Arnold Schwarzenegger on Wednesday. California Gov. Arnold Schwarzenegger and Prime Minister Stephen Harper […]
BOSTON —A female attorney at Co. () said she sued the company Thursday, claiming that it underpays and underpromotes its women employees.
In papers prepared for filing in U.S. District Court in Connecticut, charged GE, the world’s second-largest company by market capitalization, with gender discrimination. The suit also names 13 GE officers and […]
The self-styled Islamic State in Iraq, a group led by Al Qaeda, say in an Internet posting it is holding three US soldiers who survived an attack south of Baghdad at the weekend, in which the US military says four troops and an Iraqi Army translator were killed.
Thousands of American troops have been searching […]
After a multi-year run-up against the USD, the Canadian Dollar has been relatively quiet of late, gradually inching up but mostly trading flat. Last weeks release of Canadian retail sales data, a relatively mundane economic indicator, jumpstarted the currency and sent it upwards against the USD. As a result, Canadas Central Bank is mulling its […]
NEW DELHI, May 18 (UPI) — India may have to pay a heavy penalty for failing to meet a deadline to make arrangements to lift Cairn’s Rajasthan crude.
Cairn said it would start pumping crude oil in 2009. The Petroleum and Natural Gas Ministry put on hold the proposal to lay a gas pipeline from […]
The Japanese Yen continues to slide against the both USD and the Euro, despite Japans purportedly strong economy. The release of dovish inflation data was music to the ears of Japans Central Bank, which seems intent on leaving interest rates frozen at .5% for as long as Japans economy will support it. Meanwhile, volatility is […]