A top executive at former U.S. president Donald Trump’s family business pleaded guilty Thursday to evading taxes in a deal that could potentially make him a star witness against the company at a fall trial. Trump Organization chief financial officer Allen Weisselberg pleaded guilty to all 15 of the charges he faced in the case, …
Photo: The Canadian Press An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022. The new plan to encourage Americans to buy more electric vehicles built in North America, instead of just the United States, cleared its tallest hurdle Sunday when it passed in the U.S. Senate by a 50-51 margin. THE CANADIAN …
High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …
U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks Read More »
The existential crisis confronting Canada’s automotive industry may finally be over. U.S. Democrats Sen. Chuck Schumer and Sen. Joe Manchin have agreed to propose doing away with a tax-credit plan that favoured American-made electric vehicles. Instead, the Senate majority leader and the West Virginia moderate are proposing an amendment to Joe Biden’s climate and health …
From Buy American to ‘North American’: Manchin-Schumer deal amends EV tax credits Read More »
