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National Business
National Business
Stock market today: Wall Street's dismal August drags on with 3rd straight losing week
NEW YORK (AP) — Wall Street limped to a mixed close, marking its third losing week in a row. The S&P 500 barely budged, ending the day down by less than 0.1%. It lost more than 2% for the week, like other U.S. indexes.
Aug 18, 2023 1:12 PM
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Ex-Rogers CEO Joe Natale suing company for wrongful dismissal, seeking $24 million
TORONTO — Former Rogers CEO Joe Natale is suing the company for wrongful dismissal and breach of contract, while alleging Rogers chairman Edward Rogers carried out "malicious, high-handed, and oppressive conduct.
Aug 18, 2023 12:45 PM
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Tilray takes full ownership of Truss Beverage from Molson Coors Canada
Cannabis company Tilray Brands Inc. is taking on full ownership of the pot drinks company it ran with Molson Coors Canada. The Leamington, Ont.-based pot firm said Friday that it had signed a deal to acquire the remaining 57.
Aug 18, 2023 9:56 AM
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Home prices post second-biggest monthly jump since 2006: Teranet
TORONTO — Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. The index for July was up 2.
Aug 18, 2023 9:30 AM
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Feds could spur rental construction with tax incentives, financing: experts
OTTAWA — High housing prices have forced many Canadians to accept that they may never be able to afford buying their own home.
Aug 18, 2023 1:00 AM
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Flair Airlines to speed up pilot training with new program
In the face of a North American pilot shortage, Canadian discount carrier Flair Airlines is launching a unique training program that will fast-track candidates into the cockpits of the company's jets.
Aug 17, 2023 1:58 PM
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LinkedIn launches government ID-based verification in Canada to build trust
TORONTO — Canadian LinkedIn users wanting to ensure the public that they're the real deal now have another method of verifying their online/digital identity: government identification.
Aug 17, 2023 1:50 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,812.23, down 86.84): Suncor Energy Inc. (TSX:SU). Energy. Up $1.08, or 2.51 per cent, to $44.18 on 10.5 million shares.
Aug 17, 2023 1:46 PM
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S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down
TORONTO — Strength in energy stocks Thursday wasn't enough to keep Canada's main stock index from posting a loss amid weakness in tech and other sectors, while U.S. markets also declined.
Aug 17, 2023 1:42 PM
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Stock market today: Wall Street slumps again as higher bond yields keep biting
NEW YORK (AP) — Wall Street fell for a third straight day as rising yields in the bond market keep cranking up the pressure. The S&P 500 lost 0.8% Thursday, with August on track to be its worst month of the year by far.
Aug 17, 2023 1:08 PM
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