'He's in our hearts': Family and friends still seek answers one year after Nathan Wise’s disappearance
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
The White house on Tuesday lauded the termination of a proposed US$30 billion tie-up between Aon and Willis Towers Watson that would have created the largest insurance broker in the world.
Last month, the Justice Department sued to block the all-stock deal, saying that it could eliminate competition, raise prices and hamper innovation.
And this month, President Joe Biden signed an executive order targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal "that true capitalism depends on fair and open competition."
"These companies provide insurance brokerage services to thousands of American businesses and charge billions a year for their services," said White House press secretary Jen Psaki on Tuesday. "The merger would have raised prices for a wide swath of American businesses that need to use a broker to obtain insurance and benefit packages for their employees. Those higher insurance costs would ultimately have led Americans to pay more for all kinds of products and services such as banking services, hospital care, cars, and trucks."
Psaki said the challenge to the Aon tie-up with Willis Towers Watson was "what the president was talking about when he called for more robust enforcement of the antitrust laws and his executive order to promote competition."
Aon CEO Greg Case said in a prepared statement that the companies reached an impasse with the Justice Department and "the inability to secure an expedited resolution of the litigation brought us to this point."
Both companies are based in London and incorporated in Ireland.
Aon PLC will pay a US$1 billion termination fee to Willis Towers Watson.
Shares of Aon rose 2.8 per cent Tuesday.
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
The fire burning near Fort McMurray grew from 25 hectares to 5,500 hectares over the weekend.
Russia’s President Vladimir Putin began a Cabinet shakeup on Sunday, proposing the replacement of Sergei Shoigu as defence minister as he begins his fifth term in office.
Police are searching for a male suspect after a man was “slashed in neck” on Sunday morning in downtown Toronto and died.
There were some scary moments for several people on a northern Ontario highway caught on video Thursday after a chain reaction following a truck fire.
Health Canada announced various product recalls this week, including electric adapters, armchairs, cannabis edibles and vehicle components.
English, history, entertainment, math and geography: high school trivia teams could be quizzed on any of it when they compete at the Reach for the Top Nationals in Ottawa in June.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.