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Business
Amazon cutting several hundred positions across Prime Video and MGM Studios unit
Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last…
Property services company FirstService makes three small acquisitions in the U.S.
TORONTO – Property services company FirstService Corp. says it has closed three small acquisitions in…
AI-powered misinformation is the world’s biggest short-term threat, Davos report says
LONDON (AP) — False and misleading information supercharged with cutting-edge artificial intelligence that threatens to…
AI skills in demand as companies develop 2024 hiring plans for Canada
TORONTO – When Canadian companies turn to hiring this year, candidates will need to show…
SEC chair denies a bitcoin ETF has been approved, says account on X was hacked
NEW YORK (AP) — The Securities and Exchange Commission said Tuesday that a post sent…
West Fraser to close one sawmill, curtail another due to high costs and soft markets
VANCOUVER – West Fraser Timber Co. says it’s closing one U.S. sawmill and indefinitely curtailing…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:…
Stantec snaps up engineering firm Morrison Hershfield as expansion plans gather steam
Stantec Inc. has snapped up engineering firm Morrison Hershfield, the latest in a string of…
S&P/TSX moves down more than 100 points, led by financials; U.S. markets mixed
TORONTO – Weakness in financial stocks Tuesday weighed on Canada’s main stock index, which lost…
Browning West requests shareholders meeting to replace majority of Gildan board
MONTREAL – U.S. investment firm Browning West has requested a special meeting of Gildan Activewear…
Tilray looks to pour resources into revitalizing alcohol brands
The head of Tilray Brands Inc. says he’s aiming to make the pot company a…
Canada Post selling third-party logistics business SCI Group to Metro Supply Chain
OTTAWA – Canada Post Corp. has signed a deal to sell SCI Group Inc., its…
More delays for NASA’s astronaut moonshots, with crew landing off for another few years
CAPE CANAVERAL, Fla. (AP) — Astronauts will have to wait until next year before flying…
Bank CEOs expect further loan loss provisions and pressure on lending in 2024
TORONTO – Canadian bank CEOs say high interest rates are delaying business andconsumer spending decisions…
Fuel leak forces US company to abandon moon landing attempt
CAPE CANAVERAL, Fla. (AP) — A crippling fuel leak forced a U.S. company on Tuesday…
Trans Mountain to present pipeline variance arguments at oral hearing Friday
CALGARY – The Canada Energy Regulator will hear arguments Friday from the company building the…
Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges
LONDON (AP) — More than 60 heads of state and government and hundreds of business…
Just got a raise? Here’s how to effectively use that extra cash
Finally some good news — you’ve landed a major promotion with a huge pay bump,…
Statistics Canada reports merchandise trade surplus $1.6 billion in November
OTTAWA – Statistics Canada says the country’s merchandise trade surplus narrowed to $1.6 billion in…
Unionized Indigo and Chapters workers facing uphill battles: union
A few years after several Indigo and Chapters stores unionized, one location is set to…
Big banks’ ‘sustainable finance’ label misleading: securities complaint
TORONTO – Canada’s big five banks are potentially misleading investors with their use of terms…
South Korea’s parliament endorses landmark legislation outlawing dog meat industry
SEOUL, South Korea (AP) — South Korea’s parliament on Tuesday endorsed landmark legislation outlawing the…
Alaska Airlines’ decision not to ground Boeing jet despite warning signs comes under scrutiny
PORTLAND, Ore. (AP) — The decision by Alaska Airlines to stop flying one of its…
Canadian travellers should check connecting flights after grounding of Boeing Max 9
MONTREAL – Canadian air travellers will be largely unaffected by the grounding of Boeing’s 737…