NEW YORK — A federal judge in New York City says she wants to make sure real-life “Wolf of Wall Street” Jordan Belfort continues to pay back the nearly $100 million he owes in restitution. The judge told Belfort’s lawyers Wednesday at a garnishment hearing that she’s focused on getting his roughly $97 million investor […]
MEXICO CITY — The head of Mexico’s central bank says there is still much authorities do not know about the apparent hack of a system used by banks to transfer money among themselves. Alejandro Diaz de Leon said Wednesday the preliminary investigation is looking at about $15 million (300 million pesos) in suspicious transfers. Diaz […]
Ontario Progressive Conservative leader Doug Ford’s election promise to lower gas taxes might not go very far, considering the price of crude oil — the most crucial element in determining prices at the pump — is marching steadily higher, industry experts say. Ford promised Wednesday to shave 10 cents per litre off gasoline taxes if […]
WASHINGTON — The Latest on President Donald Trump’s financial disclosure report (all times local): 6:30 p.m. Vice-President Mike Pence has released his annual financial disclosure, reporting a pension plan from the state of Indiana worth between $500,000 and $1 million and credit card debt between $15,000 and $50,000. The report shows that oil company founder […]
The authors of Stumbling Giants, which won the $50,000 Donner Prize, see the banks and the rules that govern them as being in need of a shake-up
BUENOS AIRES, Argentina — President Mauricio Macri said Wednesday that Argentina’s currency crisis is over, speaking as the country’s currency rebounded somewhat and prices for its stocks and bonds rose. Macri announced last week that Argentina was seeking a financing deal with the International Monetary Fund following a sharp drop in the peso. The decision […]
LAS VEGAS — The board of directors and CEO of Wynn Resorts on Wednesday sought to show shareholders they are working to strengthen the casino operator’s corporate culture and moving it forward without its founder. Shareholders gathered in Las Vegas for the company’s annual meeting learned of the many corporate initiatives implemented since the resignation […]
WASHINGTON — The Latest on U.S.-China trade negotiations (all times local): 5:20 p.m. The White House says Treasury Secretary Steven Mnuchin will lead talks Thursday and Friday with Chinese Vice Premier Liu He aimed at heading off a trade war between the world’s two biggest economies. Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, […]
FORT MCMURRAY, Alta. — Some 900 insurance claims remain unresolved two years after a wildfire dubbed “The Beast” tore through the city of Fort McMurray and the surrounding area. The ferocious fire in May 2016 consumed 10 per cent of the buildings in the northeastern Alberta city and forced 88,000 people from their homes for […]
MONTREAL — Quebec media baron Pierre Karl Peladeau uses his platforms to influence politics in the province, says a well-known businessman who recently became president of the Liberal party’s election campaign. Days after announcing his jump into politics, Alexandre Taillefer took a swipe Wednesday at Peladeau, whose far-reaching media holdings include Le Journal de Montreal […]