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Business
Retail sales rise 0.3% in November as Americans hit gas, not brakes on shopping, travel, restaurants
NEW YORK (AP) — Americans picked up their spending from October to November unexpectedly as…
Gildan shareholders seek CEO reinstatement, allege ‘grievous error’ by board
MONTREAL – Two of Gildan Activewear Inc.’s shareholders are demanding its former chief executive be…
Canada’s biggest banks come in at bottom of low-carbon finance ranking
TORONTO – A report by BloombergNEF finds that while Canada’s top five banks are among…
Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence
ROME (AP) — Pope Francis on Thursday called for an international treaty to ensure artificial…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:…
S&P/TSX composite gains almost 150 points, U.S. stock markets also higher
TORONTO – Base metal and battery metal stocks led a broad-based rally on the TSX…
Bill that lifts GST from rental developments, amends competition law to become law
OTTAWA – Legislation that lifts GST charges off rental developments and amends the country’s competition…
Empire promises to crack down on supplier price increase requests as Q2 profit slips
Empire Co. Ltd. is planning to crack down on what it says are unjustifiable cost…
Stock market today: Wall Street rises again as the Dow ticks to another record
NEW YORK (AP) — Most of Wall Street rose Thursday following its big rally from…
Transat sees bright skies ahead despite rising competition, falling disposable income
MONTREAL – The head of Transat AT Inc. said consumers show little sign of travel…
Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal
TORONTO – A trio of sponsors are backing Hockey Canada once more, after pulling support…
Canadian home sales, listings, prices down in November from a month earlier: CREA
TORONTO – Home sales, prices and listings fell in November from a month earlier as…
Winnipeg’s 100-year-old Nutty Club shuts down due to competition
Winnipeg’s renowned candy company, the Nutty Club, is shutting its doors after more than 100…
Statistics Canada reports manufacturing sales down 2.8% in October
OTTAWA – Statistics Canada says manufacturing sales fell 2.8 per cent to $71 billion, led…
Depressed or anxious about finances amid inflation and rising rates? You’re not alone
As rent, mortgage payments, grocery bills and the cost of just about everything else rises,…
European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a…
US applications for jobless benefits fall again as labor market continues to thrive
The number of Americans filing for jobless benefits fell last week as the labor market…
TMX Group buying 78% stake in VettaFi it doesn’t already own for $1.15B
TORONTO – TMX Group Ltd. has signed a deal to buy the 78 per cent…
Bank of England holds interest rates at a 15-year high despite worries about the economy
LONDON (AP) — The Bank of England kept borrowing rates unchanged Thursday despite mounting worries…
Rogers hails successful satellite-to-mobile phone call, with N.L. premier on one end
ST. JOHN’S, N.L. – Rogers Communications Inc. says it has passed a key milestone in…
Wizards, Capitals would move to Virginia in tentative deal, Youngkin says. Mystics would stay in DC
ALEXANDRIA, Va. (AP) — Virginia Gov. Glenn Youngkin has reached a tentative agreement with the…
Manitoba First Nations appear a step closer to gaining a casino in Winnipeg
WINNIPEG – Manitoba Premier Wab Kinew said Wednesday he is open to considering a First…
Grocery code launch being held back by dissent from some retailers: board report
After two years of work, the group responsible for developing the grocery code of conduct…
Enbridge to sell Alliance, Aux Sable stakes to Pembina Pipeline for $3.1 billion
CALGARY – Enbridge Inc. is selling its stakes in the Alliance pipeline and Aux Sable…