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National Business
National Business
New CEO of FTX blasts its handling of financial information
The new CEO of the collapse cryptocurrency trading firm FTX, who oversaw Enron's bankruptcy, said he has never seen such a “complete failure” of corporate control. John Ray III, in a filing with the U.S.
Nov 17, 2022 6:02 AM
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Deal on Ukrainian grain exports during war to be extended
ANKARA, Turkey (AP) — A wartime agreement that allowed grain shipments from Ukraine to resume and helped temper global food prices will be extended by 120 days, the United Nations and other parties to the deal said Thursday.
Nov 17, 2022 4:52 AM
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Mass layoffs don't deter tech workers as they stick with sector, look to startups
TORONTO — When Mary Hailu learned she was being laid off from her executive assistant job at Toronto auto sales startup Clutch in June, all she could think about was her eight-year-old daughter. "I'm a single mom.
Nov 17, 2022 1:00 AM
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'Bridge fuel' or climate villain? Natural gas in the spotlight as COP27 continues
CALGARY — After long enjoying a reputation as a "bridge fuel" capable of helping the world achieve its climate goals, natural gas is losing some of its environmental lustre — and that has implications for Canada's energy sector.
Nov 17, 2022 1:00 AM
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Federal ministers reject request by Nunavut iron mine to double production
POND INLET — Federal cabinet ministers have denied a request to expand an iron ore mine on the northern tip of Baffin Island.
Nov 16, 2022 4:11 PM
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Winter 'Freedom Convoy' blockades cost billions to Canada's economy, inquiry hears
OTTAWA — Transport Canada estimates as much as $3.9 billion in trade activity was halted because of border blockades across the country related to protests against COVID-19 restrictions last winter, a public inquiry heard Wednesday.
Nov 16, 2022 3:00 PM
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Manitoba Hydro seeks rate hikes and issues warning about government targets
WINNIPEG — Manitoba Hydro is asking the provincial regulator, the Public Utilities Board, to approve electricity rate increases of 3.5 per cent in each of the next two years.
Nov 16, 2022 2:59 PM
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Poland, NATO say missile strike wasn't a Russian attack
PRZEWODOW, Poland (AP) — NATO member Poland and the head of the military alliance both said Wednesday that a missile strike in Polish farmland that killed two people appeared to be unintentional and was probably launched by air defenses in neighborin
Nov 16, 2022 2:09 PM
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Amazon begins mass layoffs among its corporate workforce
NEW YORK (AP) — Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022 2:07 PM
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Wall Street slips as Target stumbles and weighs on retailers
NEW YORK — Retailers and technology companies led a broad slide for stocks Wednesday after a dismal financial report from Target overshadowed a positive retail sector report from the government. The S&P 500 fell 0.
Nov 16, 2022 1:59 PM
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