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Business
Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars
LAS VEGAS (AP) — The Las Vegas hotel workers union reached a deal with MGM…
These companies have laid off Canadian workers in 2023
A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing…
US applications for jobless benefits inch down, remain at historically healthy levels
Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market…
To help 2024 voters, Meta says it will begin labeling political ads that use AI-generated imagery
WASHINGTON (AP) — Facebook and Instagram will require political ads running on their platforms to…
Martinrea International sees earnings, sales rise in third quarter
TORONTO – Martinrea International Inc. says net income for the third quarter was $53.7 million,…
Great-West Lifeco sees base earnings rise in third quarter to $950 million
WINNIPEG – Great-West Lifeco Inc. says its base earnings for the third quarter were $950…
Manulife reports net income of $1 billion in third quarter
TORONTO – Manulife Financial Corp. says its net income rose in the third quarter from…
Suncor Energy reports third quarter profit of $1.54 billion
CALGARY – Suncor Energy Inc. says it earned a profit of $1.54 billion in the…
National Bank no longer offering new safety deposit boxes
MONTREAL – National Bank won’t offer any more new safety deposit boxes, which allow customers…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…
Linamar reports net income of $146.7 million in third quarter
GUELPH, Ont. – Linamar Corp. says it sales and income got a boost in the…
Energy losses drag S&P/TSX composite down Wednesday, U.S. markets mixed
TORONTO – Canada’s main stock index edged lower Wednesday, led again by losses in energy…
AI transformative for finance but not ready for prime time: RBC’s McKay
TORONTO – Artificial intelligence is already showing its potential in transforming the financial sector, even…
Trudeau to travel to San Francisco Nov. 15-17 to attend meeting of APEC leaders
WASHINGTON – Prime Minister Justin Trudeau is expected to travel to San Francisco next week…
OpenAI CEO Sam Altman raises concerns about AI’s effect on future elections
TORONTO – One of the most prominent figures in the world of artificial intelligence is…
Think scam calls are bad now? Experts warn growing use of AI will make problem worse
TORONTO – Generative artificial intelligence is expected to drastically change the way phone scammers target…
Former Bank of Canada governor Stephen Poloz wins National Business Book Award
TORONTO – Former Bank of Canada governor Stephen Poloz has won the National Business Book…
BoC’s governing council split on whether interest rates need to rise further
OTTAWA – Further interest rate hikes from the Bank of Canada are very much still…
Indigo launches transformation plan in hopes of returning retailer to profitability
TORONTO – Following a number of executive changes and a massive cyberattack that downed its…
TC Energy to focus on smaller projects now that Coastal GasLink complete
CALGARY – With its Coastal GasLink pipeline project completed, TC Energy Corp. said its goal…
Nuvei shares jump nearly 20% after reporting Q3 revenue up more than 50%
MONTREAL – Shares in Nuvei Corp. were up nearly 20 per cent in trading Wednesday…
Hydro One reports $357M Q3 profit, up from $307M a year earlier
TORONTO – Hydro One Ltd. reported a third-quarter profit of $357 million, up from $307…
Partial reopening of Highway 3 near Keremeos, B.C., after slide forced evacuations
KEREMEOS, B.C. – Crews have partially reopened a major highway through southern British Columbia as…
Ikea Canada leaning on automation as it overhauls fulfilment network: new CEO
TORONTO – When people north of Toronto visit Ikea’s store in Vaughan, Selwyn Crittendon says…