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December, 5, 2016

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Business > Americas
U.S. President-elect Donald Trump has pledged to boost the oil and gas sector and bring back coal, reversing President Barack Obama's efforts to encourage renewable energy and cut dependence on fossil fuels.
 
Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in eight years.
 
Will bacteria and fungi revolutionize manufacturing tech?
The sturdy stools and spongy cushions made at an upstate New York factory are formed with fungus.
 
Guyana's government says Chinese mining company Bosai Minerals Group has agreed to pay US$10 million to Canadian Reunion Gold Corporation for its stalled manganese facility in the South American country.
 
The Obama administration took action Thursday to boost development of solar and wind energy on public lands, part of President Barack Obama's strategy to develop cleaner domestic energy and reduce emissions blamed for global warming.
 
How Donald Trump could affect the US economy
Donald Trump won the presidency by pledging to restore a vanished and golden economic era, when growth roared, factory jobs flourished and America sat unchallenged atop the global economy.
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GM laying off over 2,000 at two car plants
Shifting demand from cars to trucks and SUVS is forcing General Motors to lay off more than 2,000 workers indefinitely at two assembly plants in Ohio and Michigan starting in January.
 
Just weeks after reporting job cuts and a disappointing fiscal quarter, Twitter announced Wednesday that chief operating officer Adam Bain is leaving the company.
 
Canada's ambassador to Washington said Wednesday that Canada is open to renegotiating the North American Free Trade Agreement if that's what President-elect Donald Trump wants.
 
Thanksgiving Day shopping is here to stay -- with some tweaks
Thanksgiving Day shopping -- a delight to some, an anathema to others -- isn't going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself.
 
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