(Reuters) - The engineer of an Amtrak passenger train that derailed off a bridge onto a highway near Seattle remarked that the train was speeding six seconds before the accident, U.S. investigators said on Friday. The engineer then applied the brakes but apparently not the emergency brake, the...
Visa says it is experiencing a "service disruption" as users in several European countries report that they are unable to make payments with their cards. Some users in the UK and other parts of Europe are experiencing problems paying for purchases with Visa cards for several hours now, as first...
Shares of Inovio Pharmaceuticals plunged 28.3% on Monday after the biotechnology company announced that the US Food and Drug Administration (FDA) halted the start of the Phase 2/3 trials of its COVID-19 vaccine. The stock dropped another 3.6% in Monday's extended market session. Inovio (INO) said that the US regulatory...
Another day, another extreme cold warning in Toronto. "A multi-day episode of very cold wind chills is expected," warns the news release from Environment Canada. "2017 is about to end with the coldest air of the year. A fresh surge of record-breaking Arctic air is forecast to encompass the entire...
The Canadian dollar was little changed against its U.S. counterpart on Tuesday after the pause of a high profile COVID-19 vaccine trial offset robust Chinese trade data, with the currency holding near an earlier five-week high. Data showing that Chinese exports and imports climbed in September boosted the price of...
Woman gets $284 billion electric bill, wonders whether it’s her Christmas lights. Mary Horomanski checked her online account this month and found she owed $284 billion to the electric company—a fortune worth more than the national debts of Hungary and South Africa combined, the Erie Times-News reported. The 58-year-old thought putting...
Ford's Giant 'Car Vending Machine' Is Now Open for Business in China. Chinese e-commerce company Alibaba and U.S. carmaker Ford Motor have teamed up to create a massive car vending machine that dispenses vehicles to anyone interested in purchasing a Ford — assuming their “social credit score” is high enough. The...
The Ontario government is investing just over $1 billion to expand COVID-19 testing across the province, as well as ramp up case and contact management. Premier Doug Ford and Health Minister Christine Elliott made the announcement at Queen’s Park on Thursday afternoon, saying the hefty investment will mean “more testing...
Royal Bank of Canada (RY.TO 0.08%) and Toronto-Dominion Bank (TD.TO 0.39%) raised their posted five-year fixed mortgage rates, increasing borrowing costs for Canadian homebuyers ahead of the Bank of Canada’s interest rate decision next week. RBC raised its posted five-year fixed rate by 15 basis points to 5.14 per cent,...
Mark Zuckerberg loses $3 billion as world's richest get pummelled by market swoon. It’s been an expensive week for the world’s richest people. Mark Zuckerberg is nursing the biggest fall after losing $3.2 billion as large cap stocks disappointed for a fourth straight day. Losses for the Facebook Inc. chief...