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National Business
National Business
Airline execs testify on baggage fees; say reforms needed to lower travel costs
Canadian airline executives in the hot seat over carry-on bag fees say the federal government needs to reform this country's aviation system if it wants travel to become more affordable.
Dec 13, 2024 1:12 PM
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Stock market today: Wall Street ends mixed after a bumpy week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago.
Dec 13, 2024 1:07 PM
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Supreme Court will take up a challenge related to California's tough vehicle emissions standards
WASHINGTON (AP) — The Supreme Court on Friday said it would take up a business-backed appeal that could make it easier to challenge federal regulations, acting in a dispute related to California's nation-leading standards for vehicle emissions.
Dec 13, 2024 12:49 PM
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Public support key but hard to maintain for striking Canada Post workers, experts say
Public support has been key for Canada Post workers as they halted mail delivery across the country, but maintaining that support had been getting harder as the strike dragged on, experts say.
Dec 13, 2024 10:45 AM
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Woman who preyed on Chinese students fined $3.3 million by BC Securities Commission
VANCOUVER — A woman who used "high-pressure tactics and predatory conduct" on Chinese students has been fined $3.3 million by the BC Securities Commission.
Dec 13, 2024 10:38 AM
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Ontario mulls U.S. booze ban as Trump brushes off Ford's threat to cut electricity
OTTAWA — Incoming U.S. president Donald Trump is brushing off Ontario's threat to restrict electricity exports in retaliation for sweeping tariffs on Canadian goods, as the province floats the idea of effectively barring sales of American alcohol.
Dec 13, 2024 8:28 AM
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McKinsey & Company agrees to pay $650M for helping Purdue Pharma boost opioid sales
WASHINGTON (AP) — McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids manufacturer Purdue Pharma boost the sales of the highly addictive drug OxyContin, according to co
Dec 13, 2024 8:13 AM
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Scotiabank wins regulatory approval for second phase of KeyCorp investment
TORONTO — Scotiabank says it has received regulatory approval for the second phase of its investment in U.S. bank KeyCorp. The big Canadian bank said Friday the approval came from the board of governors of the U.S. Federal Reserve System.
Dec 13, 2024 7:17 AM
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McKinsey & Company agrees to pay $650 million to settle federal probe over opioids work
WASHINGTON (AP) — McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia on Friday.
Dec 13, 2024 6:58 AM
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Statistics Canada reports manufacturing and wholesale sales up in October
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose one per cent to $83.7 billion in October.
Dec 13, 2024 6:17 AM
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