The head of one of Canada’s largest banks is wading into the housing debate, arguing supply constraints need to be addressed amid surging home prices.
The Museum of Modern Art in Manhattan, which houses one of the world’s greatest collections of 20th century paintings and sculptures, sold $100 million of taxable bonds on Tuesday.
Republican lawmakers led by Senate Minority leader Mitch McConnell called on the White House to scale back the $2.25 trillion infrastructure-and-tax package President Joe Biden unveiled last month as a prescription for long-term economic recovery.
The European Union is poised to ban artificial intelligence systems used for mass surveillance or for ranking social behavior, while companies developing AI could face fines as high as 4% of global revenue if they fail to comply with new rules governing the software applications.
W.G. Galen Weston, the entrepreneur who built an Atlantic-spanning business network that made him one of the richest Canadians, has died. He was 80.
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