Skip to content

National Business

A measure of inflation that is closely tracked by the Federal Reserve increased in April

A measure of inflation that is closely tracked by the Federal Reserve increased in April

WASHINGTON (AP) — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal Reserve closely monitors, showed that prices rose 0.
After yearslong delay, DEA revokes license of drug distributor over opioid crisis failures

After yearslong delay, DEA revokes license of drug distributor over opioid crisis failures

The U.S.
CWB reports Q2 profit down from year ago, raises quarterly dividend

CWB reports Q2 profit down from year ago, raises quarterly dividend

EDMONTON — CWB Financial Group raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago and said it was targeting lower annual loan growth than previously expected.
Teck Resources promotes Ian Anderson to chief commercial officer

Teck Resources promotes Ian Anderson to chief commercial officer

VANCOUVER — Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations.
Political divisiveness a threat to Alberta economy, business groups say

Political divisiveness a threat to Alberta economy, business groups say

CALGARY — As the Alberta election campaign heads into its final days, business groups are warning that increased divisiveness and political extremism poses a threat to the province's economic future.
Spring flood risks highlight lack of insurance for Canadian homeowners: experts

Spring flood risks highlight lack of insurance for Canadian homeowners: experts

As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather’s damage to their homes.
Stock market today: Asian markets mixed as US government debt talks push toward brink of default

Stock market today: Asian markets mixed as US government debt talks push toward brink of default

NEW YORK — Asian markets were mixed Friday as a deadline loomed for Congress to reach a deal on the U.S. government debt or face a potentially calamitous default . Tokyo and Seoul rose while Shanghai and Sydney fell.
Air Canada briefly grounds flights due to computer system problem

Air Canada briefly grounds flights due to computer system problem

MONTREAL — Air Canada briefly grounded its planes Thursday due to a problem with its computer system, delaying nearly half its flights.
Lululemon promises 2,600 new jobs after exemption from some immigration rules

Lululemon promises 2,600 new jobs after exemption from some immigration rules

Vancouver-based company Lululemon says it will expand its headquarters in the city and create 2,600 jobs over the next five years.
Police lay no charges against former Unifor head Jerry Dias in alleged bribery case

Police lay no charges against former Unifor head Jerry Dias in alleged bribery case

TORONTO — Former Unifor president Jerry Dias was not charged as the result of an investigation launched last year into allegations that the longtime union leader accepted a bribe, Toronto police said Thursday.