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National Business

Hearing set on if US will seize assets of 'Pharma Bro'

NEW YORK — "Pharma Bro" Martin Shkreli is due back in court Friday for a hearing about whether he should forfeit millions of dollars in assets including a one-of-a-kind Wu-Tang Clan album as part of his conviction in a securities fraud scheme.
Protesters ousted from sacred site where Elvis filmed movie

Protesters ousted from sacred site where Elvis filmed movie

HONOLULU — State sheriffs on Thursday removed protesters from the ruins of a Hawaii hotel where they have been squatting since last year in an attempt to block redevelopment of land where Hawaiian chiefs once lived and where Elvis Presley's character
Indian partners hawk dinner talk with Trump Jr for $39,000

Indian partners hawk dinner talk with Trump Jr for $39,000

NEW DELHI — Want an evening out in India with Donald Trump Jr.? Sorry, even if you have an extra $39,000 it's probably too late to buy a "conversation and dinner" with the eldest son of the American president.
Man who admitted Hawaii concert scam wants plea change

Man who admitted Hawaii concert scam wants plea change

HONOLULU — A North Carolina man who admitted defrauding the University of Hawaii of $200,000 by lying about being able to produce a Stevie Wonder fundraiser concert wants to take back his guilty plea, but a prosecutor said Thursday he could risk more
Airbnb unveils new category of rentals rated by inspectors

Airbnb unveils new category of rentals rated by inspectors

SAN FRANCISCO — Airbnb is dispatching inspectors to rate thousands of the properties listed on its home-rental service in an effort to reassure travellers they're booking nice places to stay.

Vanguard Investments to introduce its first mutual funds in Canada

TORONTO — Vanguard Investments Canada Inc. says it has filed a preliminary prospectus with Canadian securities regulators to offer four low-cost and actively managed mutual funds.
Pembina revenue soars in latest quarter, profits exceed market expectations

Pembina revenue soars in latest quarter, profits exceed market expectations

CALGARY — Pembina Pipeline Corp. reported that its revenue soared in the latest quarter as profits beat market expectations following a transformative year that saw it complete its largest acquisition in 2017.

Canfor going ahead with US$120M sawmill in U.S. as softwood dispute continues

VANCOUVER — Canfor Corp. says its going ahead with the construction of a US$120 million sawmill in Washington, Ga., as Canada's softwood lumber industry continues to deal with punitive duties from the U.S.

Calgary-based STEP Energy Services buying American fracking firm for $350M

Calgary-based STEP Energy Services Ltd. says it will enter the U.S. oil and gas well-fracking market by buying Tucker Energy Services Holdings, Inc. for about $350 million in cash before closing adjustments.
Book Trump? Interest groups press case at his properties

Book Trump? Interest groups press case at his properties

WASHINGTON — Payday lenders got regulators to rethink rules on how closely to vet borrowers. E-cigarette makers got a delay in federal oversight of many vaping products.
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