“It is impossible to answer this question at this point,” admitted the Ministry of Economic Affairs The newspaper wanted to know how many millions of dollars in public money Quebec could lose by restructuring the textile company Duvaltex. In three years (from 2018 to 2021), Duvaltex and its subsidiary Armfoam received loans worth $42 million … [Read more…]
Gene J. Puskar/AP This is part of US Steel’s Edgar Thomson plant in Braddock, Pennsylvania, on Monday. CNN – The possible takeover of US Steel by a Japanese steel competitor could face resistance from the US government, according to comments from US Commerce Secretary Gina Raimondo. “President Biden is very focused on ensuring that we … [Read more…]
As tensions between China and the US escalate, the two countries are trying to counteract each other through certain measures. The US has banned US-based chipmakers from exporting advanced chips and chip-making technologies to Chinese companies. As a counterattack, the Chinese government has banned non-Chinese smartphones from its offices. The Chinese government may have ordered … [Read more…]
News By Patrick Reilly Published December 9, 2023, 10:03 PM ET A California-based moving company that boasts of its young, athletic employees is being sued by the federal government for age discrimination. The Equal Employment Opportunity Commission filed a lawsuit against Meathead Movers for violating age discrimination law by not hiring enough older workers, the … [Read more…]
While the battery sector is still “very young,” the Legault government is looking for a new head of Investissement Québec (IQ). • Also read: Battery sector: “It is certain that it represents an economic risk,” acknowledges the CEO of Investissement Québec • Also read: Investissement Québec: Two executives are leaving the state’s finance department • … [Read more…]