Skip to content

National Business

Arajet latest entrant to Canada's crowded budget airline market

Arajet latest entrant to Canada's crowded budget airline market

MONTREAL — Arajet, a discount airline based in the Dominican Republic, is set to launch flights between that country and Toronto and Montreal this fall, marking the latest entrant to an already crowded field of low-cost carriers.
Read more >
Major wireless carriers now active on Toronto's subway network after months of talks

Major wireless carriers now active on Toronto's subway network after months of talks

TORONTO — More than a decade after embarking on a plan to offer wireless service on the Toronto subway, the TTC has joined the global ranks of transit systems where riders can make phone calls, send text messages or browse the web underground — regar
Read more >
Stock market today: Most of Wall Street slips as the bond market cranks up the pressure

Stock market today: Most of Wall Street slips as the bond market cranks up the pressure

NEW YORK (AP) — Most stocks closed lower as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed Monday. The Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.
Read more >
A riled Trump sounds off outside the New York fraud trial that accuses him of lying about wealth

A riled Trump sounds off outside the New York fraud trial that accuses him of lying about wealth

NEW YORK (AP) — Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening statements Monday in a fraud lawsuit that could cost him control of Trump Tower and other prized properties.
Read more >
Enerflex announces CFO departure, shares down more than 20%

Enerflex announces CFO departure, shares down more than 20%

CALGARY — Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year.
Read more >
Laurentian Bank appoints new CEO after computer mainframe outage

Laurentian Bank appoints new CEO after computer mainframe outage

TORONTO — Laurentian Bank has named both a new chief executive and board chair following a major system outage last week that the bank is still working to fully resolve.
Read more >
Federal Court of Appeal rules against Google in privacy law case

Federal Court of Appeal rules against Google in privacy law case

OTTAWA — The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company's search engine is covered by Canada's privacy law, marking another victory for people seeking a digital "right to be forgotten.
Read more >
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

NEW YORK (AP) — For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.
Read more >
Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-Busch

Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-Busch

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer.
Read more >
The UAE holds a major oil and gas conference just ahead of hosting UN climate talks in Dubai

The UAE holds a major oil and gas conference just ahead of hosting UN climate talks in Dubai

ABU DHABI, United Arab Emirates (AP) — The Emirati president-designate of the upcoming United Nations COP28 climate talks urged oil and gas companies Monday to be “central to the solution” for climate change, a message delivered even as the industry
Read more >