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Canada high court dismisses Indigenous appeal of pipeline

Rob Gillies, Associated Press  |  Posted Jul 2nd - 9:18am

The Supreme Court of Canada on Thursday dismissed an appeal from British Columbia First Nations against the Trans Mountain pipeline expansion that would nearly triple the flow of oil from the Alberta oil sands to the Pacific Coast

Shipyard hiring temporary workers; mediation next week

David Sharp, Associated Press  |  Posted Jul 2nd - 9:12am

With more than 4,000 workers on strike, Navy shipbuilder Bath Iron Works plans to bring in more subcontractors to join management and existing contractors to try to avoid falling further behind on production, the company's president said Thursday.

Court papers: Meghan felt 'unprotected' by monarchy

The Associated Press  |  Posted Jul 2nd - 8:26am

Meghan, the Duchess of Sussex, felt “unprotected by the institution” of Britain’s monarchy and was “prohibited from defending herself” against negative media coverage when she was pregnant, U.K. news outlets agency reported Thursday, citing court documents.

US long-term mortgage rates hit all-time low again

The Associated Press  |  Posted Jul 2nd - 8:20am

Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever.

US-based analysts tell the AP they believe fire at Iran nuclear site struck new centrifuge production facility

The Associated Press  |  Posted Jul 2nd - 8:08am

US-based analysts tell the AP they believe fire at Iran nuclear site struck new centrifuge production facility.

American and 4 other airlines reach loan agreements with US

David Koenig, Associated Press  |  Posted Jul 2nd - 8:00am

American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic.

Supreme Court declines to hear Equal Pay Act case

The Associated Press  |  Posted Jul 2nd - 7:55am

The Supreme Court is leaving in place a decision that employers can't use past salary history to justify a pay disparity between male and female employees.

Court could end claims Nestle, Cargill abetted child labor

Mark Sherman, Associated Press  |  Posted Jul 2nd - 7:53am

The Supreme Court will consider ending a lawsuit that claims Nestle and Cargill facilitated the use of child slave labor on cocoa farms in Ivory Coast, a case that could further limit access to U.S. courts by victims of human rights abuses abroad.

US trade deficit rises 9.7% in May to $54.6 billion

Paul Wiseman, Associated Press  |  Posted Jul 2nd - 6:45am

The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce.

U.S. trade deficit rises 9.7% to $54.6 billion in May; exports and imports fall

The Associated Press  |  Posted Jul 2nd - 6:32am

U.S. trade deficit rises 9.7% to $54.6 billion in May; exports and imports fall.

Unemployment falls to 11.1% as US added a record 4.8 million jobs in June, but pandemic dims outlook for further gains

The Associated Press  |  Posted Jul 2nd - 6:31am

Unemployment falls to 11.1% as US added a record 4.8 million jobs in June, but pandemic dims outlook for further gains.

Analysts: Fire at Iran nuke site hit new centrifuge facility

Jon Gambrell, Associated Press  |  Posted Jul 2nd - 6:27am

A fire and an explosion struck a building above Iran's underground Natanz nuclear enrichment facility early on Thursday, a site that U.S.-based analysts identified as a new centrifuge production plant.

Tesla 2Q deliveries rise over 1Q despite factory shutdown

Tom Krisher, Associated Press  |  Posted Jul 2nd - 6:17am

Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the period.

U.S., South Africa report new record coronavirus rises

David Rising and Jake Coyle, Associated Press  |  Posted Jul 2nd - 5:28am

The United States and South Africa have both reported record new daily coronavirus infections, with U.S. figures surpassing 50,000 cases a day for the first time, underlining the challenges still ahead as nations press to reopen their virus-devastated economies.

5 Things to Know for Today

The Associated Press  |  Posted Jul 2nd - 4:15am

a record high — were added, but recent data suggests that a resurgent coronavirus in the U.S. will limit further gains.

Stocks rise on jobs data, S&P 500 nears week-long sweep

Stan Choe, Associated Press  |  Posted Jul 2nd - 3:24am

Wall Street is rising Thursday after a report showed the U.S. job market continues to climb from the crater created by the coronavirus pandemic in the spring.

Europe contains jobless rate, but faces summer of discontent

Nicole Winfield and David McHugh, Associated Press  |  Posted Jul 2nd - 3:07am

Europe has limited the rise in unemployment caused by the pandemic with a wide array of government support programs, but that cannot hide widespread economic distress and anxiety among workers and small business owners.

Unemployment rate in 19-country eurozone edges up to 7.4% in May from 7.3% in April amid pandemic

The Associated Press  |  Posted Jul 2nd - 3:02am

Unemployment rate in 19-country eurozone edges up to 7.4% in May from 7.3% in April amid pandemic.

Update on the latest in business:

The Associated Press  |  Posted Jul 2nd - 2:21am

Asian stock markets followed Wall Street higher today as hopes for development of a coronavirus vaccine compete with concern about rising U.S. infections.