Economists, however, expressed confidence the Canadian economy will rebound. Mark Zandi, chief economist at Moody’s Analytics, said the Canadian slowdown can be at least partially traced to the problems in China and said the weakness is largely confined to energy sector: “The rest of the Canadian economy is doing OK.”
Moreover, the economy grew at 0.5 percent pace in June, first monthly gain in six months. “The economy is contracting through the first half of the year, but the solid gain in June suggests that we’ll at least get a breather with a return to growth in the third quarter,” said CIBC chief economist Avery Shenfeld.
A man shot by police officers who went to the wrong Atlanta house ran bleeding outside where a neighbor heard him asking, “Why did they come in my house? Why did they shoot me? Why did they shoot my dog?”
It happened Monday night when officers arrived at the wrong Atlanta address after a report of suspicious activity, shot homeowner Christopher McKinley, killed his dog and “likely” shot a fellow officer, leaving him seriously wounded, authorities said Tuesday.
The bloody misunderstanding began when DeKalb County police received a report of a possible burglary at a one-story residence near an intersection in southeast Atlanta. Lacking an exact address, the officers were sent in the dark to a neighborhood where many of the single-story homes look similar.
Three officers found a home they thought matched a description provided by a 911 caller, but were unable to make contact with anyone inside, according to a statement from the Georgia Bureau of Investigation. They entered the home through an unlocked rear door and two officers fired their guns at a dog, killing it.
Oil prices have plunged because of a supply glut that built up as production increased and growth in the global economy slowed. The health of China’s economy, the second-largest in the world, is a dominant concern. In response to falling oil prices almost all energy companies have either cut spending on exploration or cut jobs, often both, and many have seen big drops in their stock prices. Oil and gas and drilling services companies have said they’ll cut tens of thousands of positions. The biggest oilfield service company, Schlumberger, is eliminating 20,000 jobs.
ConocoPhillips said in July that it lost $179 million in the second quarter because of the drop in oil prices. It said it was preparing for a period of lower and more volatile prices and also pared its spending forecasts. The company said Tuesday it is reducing spending and paring back deep water exploration work, but job cuts were also needed to make it stronger and more competitive.
A man sentenced to life without parole on a marijuana-related charge was freed Tuesday from a Missouri prison after being behind bars for more than two decades — a period in which the nation’s attitudes toward pot steadily softened.
Family, friends, supporters and reporters flocked to meet Jeff Mizanskey as he stepped out of the Jefferson City Correctional Center into a sunny morning, wearing a new pair of white tennis shoes and a shirt that read “I’m Jeff & I’m free.”
“I spent a third of my life in prison,” said Mizanskey, now 62, who was greeted by his infant great-granddaughter. “It’s a shame.”
The Associated Press sued the U.S. Department of Justice Thursday over the FBI’s failure to provide public records related to the creation of a fake news story used to plant surveillance software on a suspect’s computer.
AP joined with the Reporters Committee for Freedom of the Press to file the lawsuit in U.S. District Court for the District of Columbia.
At issue is a 2014 Freedom of Information request seeking documents related to the FBI’s decision to send a web link to the fake article to a 15-year-old boy suspected of making bomb threats to a high school near Olympia, Washington. The link enabled the FBI to infect the suspect’s computer with software that revealed its location and Internet address.
AP strongly objected to the ruse, which was uncovered last year in documents obtained through a separate FOIA request made by the Electronic Frontier Foundation.
“The FBI both misappropriated the trusted name of The Associated Press and created a situation where our credibility could have been undermined on a large scale,” AP General Counsel Karen Kaiser said in a 2014 letter to then-Attorney General Eric Holder.
“It is improper and inconsistent with a free press for government personnel to masquerade as The Associated Press or any other news organization,” Kaiser wrote. “The FBI may have intended this false story as a trap for only one person. However, the individual could easily have reposted this story to social networks, distributing to thousands of people, under our name, what was essentially a piece of government disinformation.”