Month: July 2022

Police Identify Two People Killed in Series of Shootings in Langley, BC

Police have identified two people who were killed in the Vancouver suburb of Langley, where two others were also wounded in a series of shootings on Monday. The Integrated Homicide Investigation Team says 60-year-old Paul Wynn was killed outside a supportive housing complex and 43-year-old Steven Furness was shot dead at a bus loop. IHIT…


Appeals Court Rejects 22-Year Sentence for Benghazi Terrorist, Orders New Sentencing

A 22-year prison term isn’t enough for a terrorist convicted for his role in the deadly attack on the U.S. mission in Benghazi, Libya, a decade ago, a federal appeals court ruled. The Sept. 11, 2012, assault on the U.S. intelligence and diplomatic facilities led to the deaths of foreign service officer Sean Patrick Smith,…


Mountie Has ‘Impression’ Liberal Government Interfered With NS Mass Shooting Probe

A senior Mountie testified Thursday he believes political inference was behind RCMP Commissioner Brenda Lucki’s determination to have police release details on the guns used in the Nova Scotia mass shooting. Chief Supt. Chris Leather made the comment at the public inquiry into the rampage that took 22 lives on April 18-19, 2020, during cross-examination…


Economists Debate Recession Definition as Economy Contracts in 1st Half of 2022

The U.S. economy contracted for the second straight quarter, falling at an annualized rate of 0.9 percent in the April-to-June period, new data from the Bureau of Economic Analysis (BEA) show. Although the gross domestic product (GDP) performance meets the definition of a technical recession, many economists and Wall Street firms haven’t been quick to…


Economists Debate Recession Definition as Economy Contracts in First Half of 2022

The U.S. economy contracted for the second straight quarter, falling at an annualized rate of 0.9 percent in the April-to-June period, new data from the Bureau of Economic Analysis (BEA) reveal. Although the GDP performance meets the definition of a technical recession, many economists and Wall Street firms have not been quick to declare a…


House Passes $280 Billion CHIPS Act Without China Provision, Sends Legislation to Biden’s Desk

The U.S. House of Representatives passed the CHIPS and Science Act on July 28, allocating funding for a measure that’s now nearly two years old. The new legislation, which now heads to President Joe Biden’s desk for signing, will allocate $250 billion in subsidies, tax breaks, and research grants to prop up the domestic semiconductor…


House Passes $280 Billion CHIPS Act Without China Provision, Sending Legislation to Biden’s Desk

The U.S. House of Representatives passed the CHIPS and Science Act on July 28, allocating funding for a measure now nearly two years old. The new legislation, which is now headed to President Joe Biden’s desk for signing, will allocate $250 billion in subsidies, tax breaks, and research grants to prop up the domestic semiconductor…


House Passes $280 Billion CHIPS Act Without China Provision, Sending Bill to Biden’s Desk

The U.S. House of Representatives passed the CHIPS and Science Act on July 28, allocating funding for a bill now nearly two years old. The new legislation, which is now headed to President Joe Biden’s desk for signing, will allocate $250 billion in subsidies, tax breaks, and research grants to prop up the domestic semiconductor…


US Economy Slips Into Technical Recession; Manchin Backs Democrat Spending Bill | NTD Business

The U.S. economy shrinks again for the second quarter in a row. Experts say that even if we’re not in a recession, we’re close to one. In a surprise reversal, Sen. Joe Manchin backs a Democrat bill focusing on climate, taxes, and health. What’s in it? JetBlue wins the takeover battle for Spirit Airlines; now it…


U.S. Economy Slips Into Technical Recession; Manchin Backs Democrat Spending Bill | NTD Business

The U.S. economy shrinks again, for the second quarter in a row. Experts say, even if we’re not in a recession, we’re close to one. In a surprise reversal, Senator Joe Manchin backs a Democrat bill focusing on climate, taxes, and health. What’s in it? JetBlue wins the takeover battle for Spirit Airlines; now it faces…