FRESNO, Calif. — Days after Donald Trump won the White House vowing to deport millions of people in the country illegally and fortify the Mexican border, California farmer Kevin Herman ordered nearly $600,000 in new equipment, cutting the number of workers he’ll need starting with the next harvest.
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BRUSSELS — Apple will have to pay up to 13 billion euros ($14.5 billion) in back taxes, plus interest, to Ireland after the European Union found Tuesday that it received illegal tax benefits over 11 years.
The ruling is the latest and biggest salvo in the EU executive Commission’s battle to have multinationals pay their fair share in the region.
SEOUL, Korea, Republic Of — Consumers think smartphone makers are releasing too many new models each year, a consumer survey showed Tuesday.
The survey conducted in six countries, commissioned by Greenpeace, showed that more than half of those who responded would prefer to change their phones less frequently.
TORONTO — Soft-serve, the often overlooked ice cream, is in the midst of a makeover.
It’s being dipped in melted Belgian chocolate flavours, like key lime pie and white chocolate Oreo, before being slathered in toppings as the coatings harden.
MONTREAL — Bombardier’s railway division has won a $1.7-billion order to build 660 railway cars that will secure 1,000 jobs at its Derby facility in England.
Britain’s Department for Transport said the contract, awarded by government-selected railway operator Abellio, is part of a broader $2.4-billion effort to improve rail service in the region of East Anglia.
FRANKFURT — A group of investigative journalists on Monday published the names of thousands of offshore companies at the heart of a massive trove of data on the finances of the rich and powerful that has become known as the Panama Papers.
The International Consortium of Investigative Journalists made data on 200,000 entities available on its website at 1800 GMT (2 p.m. EDT) Monday.
OTTAWA High-income Canadians looking to minimize their federal income tax should look at taking any bonuses they may be due or big capital gains this year to avoid paying more when Ottawa’s new top rate kicks in next year.
NEW YORK Cybercrime costs are climbing for companies both in the U.S. and overseas amid a slew of high-profile breaches, according to research released Tuesday.
A sixth-annual study by the Ponemon Institute pegged the average annual cost of cybercrime per large U.S. company at $15.4 million. That’s up 19 per cent from $12.7 million a year ago.
LONDON The British government said Monday it will underwrite 2 billion pounds ($3.1 billion) in Chinese financing for a new nuclear power plant in southwest England, as it encourages major Chinese investment in the U.K. nuclear sector.
MONTREAL Shares in Bombardier Inc. (TSX:BBD.B) soared more than 22 per cent in heavy trading Wednesday as investors reacted to reports that a Chinese company had made an offer to buy the Quebec-based company’s rail division.