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National Business
National Business
U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
The number of Americans filing for unemployment benefits rose modestly last week, but the level of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.
Aug 22, 2024 5:39 AM
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French destroyer in EU mission rescues 29 mariners from oil tanker stricken in Red Sea attacks
DUBAI, United Arab Emirates (AP) — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Thursday, while also destroying a bomb-carrying drone boat in the area.
Aug 22, 2024 1:12 AM
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Loblaw piloting ultra-discount No Name grocery stores in Ontario
Loblaw is piloting a new ultra-discount grocery store in Ontario that promises to deliver even lower prices by stripping away even more frills. The first three No Name stores will open in September in Windsor, St.
Aug 22, 2024 1:00 AM
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Municipalities say Alberta oilpatch policies harming tax base, public interest
EDMONTON — Alberta's United Conservative government is trying to increase production from the province's declining conventional oil and gas fields at the expense of local tax bases, environmental oversight and the public interest, says the group repr
Aug 22, 2024 1:00 AM
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Labor dispute stops Canadian freight railroads and could cause major economic disruption in US
TORONTO (AP) — Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S.
Aug 21, 2024 11:57 PM
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As rail shutdown looms, business groups warn of dire consequences unless feds step in
MONTREAL — Hours away from an unprecedented potential shutdown at the country's two biggest railways, business groups ratcheted up their pleas for Ottawa to step in and prevent a work stoppage that would upend supply chains — while the prime minister
Aug 21, 2024 6:52 PM
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Fears for traffic if rail stoppage halts B.C.'s West Coast Express
MAPLE RIDGE, B.C. — A city councillor in Maple Ridge, B.C., worries about the potential shut down of the Lower Mainland's major commuter train in the event of a national rail stoppage. Coun.
Aug 21, 2024 4:30 PM
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Newfoundland newspaper The Telegram reducing print run after Postmedia purchase
ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.
Aug 21, 2024 3:56 PM
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TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation
TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.
Aug 21, 2024 3:50 PM
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What to know about the potential work stoppage at Canada's two biggest railways
MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.
Aug 21, 2024 2:18 PM
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