Skip to content

National Business

Stock market today: Wall Street falls with markets worldwide on worries about banks and the economy

Stock market today: Wall Street falls with markets worldwide on worries about banks and the economy

NEW YORK (AP) — Stocks closed lower on Wall Street as worries about the banking system and the global economy inject more caution into financial markets worldwide. The S&P 500 fell 0.4% Tuesday after paring an earlier loss.
Read more >
Vancouver translator reaches settlement with British Museum over unauthorized work

Vancouver translator reaches settlement with British Museum over unauthorized work

VANCOUVER — A Canadian translator says she’s reached a settlement with the British Museum over unauthorized use of her work.
Read more >
Unifor president demands SNC-Lavalin reinstate fired union head

Unifor president demands SNC-Lavalin reinstate fired union head

MONTREAL — The head of Canada's largest private sector union is calling out SNC-Lavalin for firing the head of a separate union that represents 900 of its engineers, scientists and technicians.
Read more >
How to cut back on post-secondary costs: Don’t buy every supply you think you need

How to cut back on post-secondary costs: Don’t buy every supply you think you need

When fourth-year Carleton University journalism student Boshko Maric started his undergraduate degree in the height of the pandemic, he didn’t have many people in his life to turn to for advice on the supplies he needed to buy.
Read more >
Tim Hortons drives RBI's sales growth but exec chairman wants more profitability

Tim Hortons drives RBI's sales growth but exec chairman wants more profitability

TORONTO — Restaurant Brands International Inc. says it delivered double-digit sales growth in its latest quarter amid higher revenues at Tim Hortons and Burger King, but its executive chairman wants more to be done to drive store-level profitability.
Read more >
Héroux-Devtek profits take off as demand for plane parts rises, supply chains sync up

Héroux-Devtek profits take off as demand for plane parts rises, supply chains sync up

LONGUEUIL, Que. — Héroux-Devtek Inc. says profits shot up more than 300 per cent amid higher demand from the aviation world following a tough pandemic period for the Quebec-based company. The maker of aircraft landing gear notched net income of $3.
Read more >
Pet Valu sees profits dip but revenues surge amid major store expansion

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.
Read more >
Barrick Gold beats expectations despite major drop in profits

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.
Read more >
FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing

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.
Read more >
Tilray to buy eight beer brands from Anheuser-Busch, tripling its beverages on tap

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.
Read more >