Trump threatens to try to take back the Panama Canal. Panama’s president balks at the suggestion

Trump threatens to try to take back the Panama Canal. Panama’s president balks at the suggestion

PHOENIX — PHOENIX (AP) — Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. Panama’s conservative … Read more

Nissan, Honda expected to announce plans to merge, creating world’s No. 3 automaker

Nissan, Honda expected to announce plans to merge, creating world’s No. 3 automaker

Japanese automakers Honda and Nissan have announced plans to join forces, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed … Read more

UK economy failed to grow between July and September

UK economy failed to grow between July and September

The UK economy failed to grow between July and September, revised official figures show. Initial estimates suggested the economy had grown by just 0.1% between July and September – and shrank during September itself. Uncertainty about the Budget had been blamed for such slow growth. In September, the Bank of England’s chief economist had warned … Read more

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

A million taxpayers will soon receive up to ,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check. Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the … Read more