Reuters USA

Canada’s economy unexpectedly stalled in Q4; January rebound likely

TORONTO (Reuters) – The Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations, though economic activity likely rebounded with a 0.3% increase in January, Statistics Canada data showed on Tuesday. STORIES: Market reaction: CAD/ LINK: COMMENTARY ANDREW GRANTHAM, SENIOR ECONOMIST, CIBC CAPITAL MARKETS “The Canadian economy surprisingly stalled in …

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Tennessee meat plant workers reach $1.2 million settlement over 2018 raid

(Reuters) – Latino workers at a Tennessee meat processing plant have reached a $1.2 million settlement in a lawsuit over a 2018 immigration raid in which they were “targeted by federal agents” because of their ethnicity, an immigration advocacy group said on Monday. About 100 workers who were detained during the raid will receive a …

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Court revives challenge to New York law protecting workers who get abortions

By Daniel Wiessner (Reuters) – A U.S. appeals court on Monday revived an anti-abortion crisis pregnancy center’s challenge to a New York state law that prohibits retaliation against employees for getting abortions or making other reproductive health decisions. A panel of the Manhattan-based 2nd U.S. Circuit Court of Appeals said the state law violates Evergreen …

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Mexico’s Alsea profit slides as rising costs, exchange rate, taxes bite

MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by higher energy and raw materials costs and higher taxes, after reaping strong same-store sales growth. The Mexico City-based company, which operates Starbucks cafes as well as Domino’s Pizza and Burger …

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Murdoch testified Fox News hosts endorsed idea that Biden stole election

By Helen Coster and Jack Queen (Reuters) -Fox Corp Chairman Rupert Murdoch acknowledged under oath that some Fox hosts “endorsed” the notion that the 2020 U.S. presidential election was stolen, according to a court filing unsealed Monday.  Murdoch’s acknowledgment is included in a filing from Dominion Voting Systems, part of the voting technology firm’s $1.6 …

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