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Business
Oil sector CEO compensation jumps double-digits amid surging profits: report
CALGARY – CEO pay in the oil and gas sector has soared with the industry’s…
Loblaw discount reduction not evidence of grocery collusion: competition expert
Loblaw’s recent move to reduce discounts on last-day sale items is a normal practice in…
Here’s when airlines owe you compensation
Under changes proposed by Canada’s transport regulator, the following reasons for a flight delay or…
The drop in Panama Canal traffic due to a severe drought could cost up to $700 million
PANAMA CITY (AP) — A severe drought that began last year has forced authorities to…
US applications for jobless benefits fall to lowest level since September 2022
The number of Americans applying for unemployment benefits last week fell to its lowest level…
Extreme weather a growing risk to Canada’s electricity grid: experts
CALGARY – A series of electricity grid alerts in Alberta during the deep freeze last…
Online gambling sites being used by money launderers: financial intelligence agency
OTTAWA – Canada’s financial intelligence agency warns that illicit cash is being laundered through online…
Trade minister cites housing shortage as cause for ceasefire in U.S. softwood spat
WASHINGTON – Canada’s international trade minister says the great North American softwood lumber standoff is…
Housing minister warns against resistance to ending exclusionary zoning
TORONTO – Canada’s Housing Minister is warning that municipalities won’t succeed with applications for federal…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…
S&P/TSX composite down more than 250 points, U.S. stock markets also lower
TORONTO – Canada’s main stock index fell more than 250 points in a broad-based decline…
Stock market today: Wall Street slips as hopes dim for an imminent cut to interest rates
NEW YORK (AP) — Wall Street slipped again after a stronger-than-expected report on the U.S.…
Retail sales up strongly in December as Americans showed continued willingness to spend
NEW YORK (AP) — Americans stepped up their spending at retailers in December, closing out…
ET welcome: Kentucky city beams message into space inviting extraterrestrial visitors
LEXINGTON, Ky. (AP) — A Kentucky city has come up with an out-of-this-world campaign to…
Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses
TORONTO – Thursday will mark the deadline for Canadian businesses to repay pandemic loans and…
Rogers sisters resign from company board as part of private settlement
TORONTO – Two members of the Rogers family have settled their differences with their brother…
Duelling U.S. sandwich brands Jimmy John’s and Jersey Mike’s to expand in Canada
TORONTO – A battle of the sandwich brands is materializing as a pair of U.S.…
Tech industry expecting more layoffs, but say hiring coming too this year
TORONTO – Tech’s biggest names spent last year in layoff mode and if the last…
Mullen Group signs deal to buy logistics company ContainerWorld
OKOTOKS, Alta. – Mullen Group Ltd. says it has signed a letter of intent to…
China’s economy expanded 5.2% last year, hitting target of ‘about 5%’ even though recovery is uneven
HONG KONG (AP) — China’s economy for the October-December quarter grew at a quicker rate,…
Gildan accuses ex-CEO of close relationship with shareholders calling for his return
MONTREAL – Gildan Activewear Inc. is escalating an ongoing public battle for control of the…
Shell will sell big piece of its Nigeria oil business, but activists want pollution cleaned up first
ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in…
Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming
WASHINGTON (AP) — A top Federal Reserve official said Tuesday that he is increasingly confident…
Loblaw’s reduced discounts match competitors while retaining higher margin: experts
TORONTO – Loblaw’s decision to reduce steep discounts on soon-to-expire food is a move to…