Skip to content

National Business

Twitter shareholders meet amid Elon Musk's takeover drama

Twitter shareholders meet amid Elon Musk's takeover drama

Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform.
Read more >
Unionized Starbucks stores face hard work of bargaining

Unionized Starbucks stores face hard work of bargaining

It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores.
Read more >
Twitter to pay $150M penalty over privacy of users' data

Twitter to pay $150M penalty over privacy of users' data

WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
Read more >
Boeing capsule lands back on Earth after space shakedown

Boeing capsule lands back on Earth after space shakedown

CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,383.75, up 97.55 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 25 cents, or 1.1 per cent, to $22.
Read more >
Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios

Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios

TORONTO — BMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.
Read more >
North American stock markets rise in response to Fed rate increase outlook

North American stock markets rise in response to Fed rate increase outlook

TORONTO — North American stock markets climbed after minutes from the last Federal Reserve meeting suggested the central bank won't be any more hawkish in aggressively raising interest rates in the months to come.
Read more >
OSC withdraws some charges against former CannTrust leaders at pretrial hearing

OSC withdraws some charges against former CannTrust leaders at pretrial hearing

VAUGHAN, Ont. — Three former CannTrust Holdings Inc. leaders accused of securities offences have had some charges dropped, the Ontario Securities Commission said Tuesday, though the fraud charges remain.
Read more >
Fed officials signal rates may head to 'restrictive' levels

Fed officials signal rates may head to 'restrictive' levels

WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high .
Read more >
BMO reports profit up as loan growth continues, expenses also creep higher

BMO reports profit up as loan growth continues, expenses also creep higher

TORONTO — BMO Financial Group said Wednesday that loan growth remained strong in the second quarter as businesses kept investing and residential mortgages were up, but that it is also ramping up its risk assessments as economic pressures including in
Read more >