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National Business
National Business
Lightspeed Commerce reports U$114.5M Q4 loss, revenue up from year ago
Lightspeed Commerce Inc. reported a loss of US$114.
May 19, 2022 8:52 AM
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Stocks slip on Wall Street, edge closer to bear market
NEW YORK (AP) — Stocks fell in morning trading on Wall Street Thursday, deepening a slump for major indexes as persistently high inflation continues to weigh on the economy.
May 19, 2022 8:21 AM
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Canadians rethink pandemic subscriptions amid return to favourite pastimes
TORONTO — Aretha Greatrix had to do a double take last month, when she got a text message and email thanking her for renewing her subscription to OutTV.
May 19, 2022 7:58 AM
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Home sales tumble again as mortgage rates surge
Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged, driving up borrowing costs for would-be buyers as home prices soared to new highs. Existing home sales fell 2.
May 19, 2022 7:40 AM
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McDonald's era in Russia coming to a close, restaurants sold
McDonald’s has begun the sale of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing of Cold War tensions between the United States and Soviet Union.
May 19, 2022 7:18 AM
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Héroux-Devtek reports Q4 profit up from year ago, sales down
LONGUEUIL, Que. — Héroux-Devtek Inc. reported net income of $11.5 million for its fourth quarter, up from a profit of $8.8 million in the same quarter last year.
May 19, 2022 6:28 AM
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More Americans apply for jobless benefits last week
WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low.
May 19, 2022 5:43 AM
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Canada Pension Plan Investment Board says its fund earned 6.8% in latest fiscal year
TORONTO — Canada Pension Plan Investment Board says its fund, which includes the combination of the base CPP and additional CPP accounts, earned a net return of 6.8 per cent for its latest fiscal year.
May 19, 2022 5:20 AM
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Indonesia lifts ban on cooking oil export as supply improves
JAKARTA, Indonesia (AP) — Indonesia said Thursday it will lift a monthlong ban on palm oil export, citing improvements in the supply and domestic price of bulk cooking oil. President Joko Widodo said exports will resume on Monday.
May 19, 2022 5:09 AM
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ATS Automation Tooling Systems reports Q4 profit and revenue up
CAMBRIDGE, ONT. — ATS Automation Tooling Systems Inc. reported a quarterly profit of $39.9 million, up from $23.8 million a year earlier, as its revenue rose 50 per cent.
May 19, 2022 3:35 AM
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