Local Featured
- Business Insider
Biden's new tariffs show he's willing to play hardball as China ramps up exports, Nobel economist Paul Krugman says
"Biden's moves are more than a symbolic gesture. They're a shot across the bow," Paul Krugman wrote about the new China tariffs.
- Reuters
Canada union at port of Vancouver says it will delay serving strike notice
The Canadian union representing workers at the port of Vancouver said on Wednesday it would delay serving a 72-hour strike notice so it could take part in federal mediation with employers. The International Longshore and Warehouse Union said in a statement that its concerns included the increased use of automation at the port, the biggest in Canada. The workers' contact expired in March 2023 and talks on a new one failed last year and again in January, it said.
- Reuters
TC Energy to appeal $199 million payment in lawsuit related to Columbia Pipeline deal
Vice Chancellor Travis Laster of the Delaware Chancery Court ruled that TC Energy needs to pay $199 million to sell-side shareholders of Columbia due to the company, along with two former executives of Columbia Pipeline, "not disclosing material information in the face of a duty to disclose." Filed in July 2018, ex-Columbia CEO Robert Skaggs and CFO Stephen Smith were accused of engineering a spin-off of Columbia from NiSource, and then selling Columbia to TC Energy at a lowball price to obtain lucrative change-of-control payments.
