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National Business
Pet Valu sees profits dip but revenues surge amid major store expansion
MARKHAM, Ont. — Pet Valu Holdings Ltd. is reporting a drop in profits despite major sales growth in its latest quarter. In the three months ended July 1, the pet food and supplies retailer says net income fell by $1.
Aug 8, 2023 8:19 AM
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Barrick Gold beats expectations despite major drop in profits
TORONTO — Barrick Gold Corp. is reporting a plunge in profits due to lower production and higher costs, even as the gold miner beat earnings expectations.
Aug 8, 2023 8:19 AM
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FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing
U.S. regulators are warning airlines to limit the use of an anti-icing system on Boeing 737 Max jets in dry air to avoid overheating engine-housing parts, which could cause them to break away from the plane.
Aug 8, 2023 5:57 AM
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Tilray to buy eight beer brands from Anheuser-Busch, tripling its beverages on tap
Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S.
Aug 8, 2023 5:18 AM
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China's July exports tumble by double digits, adding to pressure to shore up flagging economy
BEIJING (AP) — China's exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump. Exports fell to $281.8 billion as the decline widened from June’s 12.
Aug 7, 2023 10:52 PM
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The Mega Millions jackpot has soared to $1.55 billion. Here's how hard it is to win
NEW YORK (AP) — There’s no shaking it. Your chances of winning the lottery are extremely slim . After no big winner Friday night, the Mega Millions jackpot climbed to an estimated $1.55 billion .
Aug 7, 2023 8:28 PM
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Stock market today: Wall Street rises to regain momentum after last week's lull
NEW YORK (AP) — Stocks closed higher as Wall Street regained momentum after its big rally for the year took a pause last week. The S&P 500 rose 0.9% Monday to recover more than a third of its loss from last week.
Aug 7, 2023 1:07 PM
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Canadian Armed Forces to phase out old housing benefit over three years
OTTAWA — The Canadian Armed Forces has created a new program to gradually phase out its old housing benefit after hearing feedback from military members who were set to lose the payments.
Aug 7, 2023 11:34 AM
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WSP Global sells subsidiary of Louis Berger engineering firm to U.S.-based Versar
MONTREAL — WSP Global Inc. says it has sold Louis Berger Services Inc. to Versar Inc. less than five years after buying the engineering and design firm's parent company. Montreal-based WSP acquired Louis Berger Holdings Inc.
Aug 7, 2023 9:06 AM
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Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last year due to lower prices
DUBAI, United Arab Emirates (AP) — Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices.
Aug 7, 2023 7:51 AM
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