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Prime Minister Mark Carney unveils $18 billion Canadian investment fund
TORONTO (AP) — Canada is developing a government-owned investment fund, Prime Minister Mark Carney announced Monday.Carney said the fund will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars ($18 billion).
The prime minister said the federal government will put up funds alongside private investors. The money will help fund projects Carney's government is focused on building as Canada seeks to diversify away from the United States.
U.S... Read More
Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
CAIRO (AP) — Iran has offered to end its chokehold on the Strait of Hormuz if the U.S. lifts its blockade on the country and ends the war in a proposal that would postpone discussions on the Islamic Republic's nuclear program, two regional officials said Monday.U.S. President Donald Trump seems unlikely to accept the offer, which was passed to the Americans by Pakistan and would leave unresolved the disagreements that led the U.S. and Israel to go to war on Feb. 28.
With a fragile ceasefire in place, the U.S. and Iran are locked in a standoff over the strait, through... Read More
Joel Embiid made a gutsy return from an appendectomy. The 76ers are still in trouble against Boston
PHILADELPHIA (AP) — Joel Embiid presumed he had a wretched stomach bug that hit him hard for a day or two on the Philadelphia 76ers' road trip earlier this month in Texas.The 7-footer from Cameroon became so debilitated by the ailment that he struggled walking, stayed awake deep into the night and even going to the bathroom became a chore. Embiid was finally forced to tell team officials this sickness was worse than food poisoning or any other malady he suspected, and he required a hospital visit.
The test results almost seemed preordained for bad news for Embiid... Read More
The Latest: Iran offers to reopen Strait of Hormuz if US lifts blockade and war ends, officials say
Iran offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program, officials with knowledge of the proposal said Monday.Iran also wants the United States to end its blockade of the country as part of its proposal, according to the two regional officials, who spoke on condition of anonymity to discuss the closed-door negotiations.
Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries.
US stocks drift as their record-breaking rally slows, while oil prices rise
NEW YORK (AP) — The U.S. stock market’s record-breaking rally is slowing on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices are rising.The S&P 500 was virtually unchanged, coming off its latest all-time high driven by strong profit reports from U.S. companies and hopes that the United States and Iran can avoid a worst-case scenario for the economy because of their war. The Dow Jones Industrial Average was down 7 points, or less than 0.1%, as of 10 a.m. Eastern time, and the Nasdaq was 0.2% lower after setting its... Read More
Top Stories
- Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
- Fast-moving storms batter the Midwest, flooding streets and stranding commuters
- King Charles III heads to Washington on a delicate mission to restore the UK-US relationship
- US stocks drift as their record-breaking rally slows, while oil prices rise
- Marathon milestone shattered: Sabastian Sawe breaks the fabled 2-hour barrier by 30 seconds
- Tornadoes in northern Texas leave at least 2 dead and destroy multiple homes
- Trump's many upcoming large, public events may present fresh security challenges after latest attack
- Malian defense chief is killed as jihadis and rebels seize towns and military bases
- Latest US military strike on alleged drug boat kills 3 in eastern Pacific
- Iran's top diplomat briefly returns to Pakistan but Trump says the sides can talk by phone
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Entertainment
- Nedra Talley Ross, the last surviving member of the 1960s bee-hived pop band the Ronettes, dies
- Melanie C says she's bringing joy to the club with 'Sweat,' an athletic album from the Spice Girl
- Summer Movie Preview: Nolan, Spider-Man and 'Toy Story' light up the cinemas
- Veniceâs La Fenice theater drops incoming music director after months of protests
Sports
- Joel Embiid made a gutsy return from an appendectomy. The 76ers are still in trouble against Boston
- Ryan Poehling scores early in OT, Ducks push Oilers to the brink with 4-3 win in Game 4
- Durant sidelined again as Rockets extend series, Udoka calls return 'a possibility'
- Lakersâ Deandre Ayton ejected after 'unnecessary and excessive' elbow to Alperen Sengun