Skip to content

National Business

Stocks rise on Wall Street, but remain lower for the week

Stocks rise on Wall Street, but remain lower for the week

NEW YORK — Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and the tech-heavy Nasdaq added 1.1%. The Dow Jones Industrial Average rose 0.5%. U.S.
Banks get court approval to host virtual or hybrid AGMs for another year

Banks get court approval to host virtual or hybrid AGMs for another year

TORONTO — Canada's most prominent banks and insurers say they are sticking with the virtual or hybrid annual general meetings they adopted during the COVID-19 pandemic for another year.
CRTC refuses Telus request to add credit card processing fee to certain bills

CRTC refuses Telus request to add credit card processing fee to certain bills

OTTAWA — Canada's telecommunications regulator refused a request from Telus Corp. to charge some customers a credit card processing fee.
Gas prices down across Canada, likely to last a few weeks leading up to holidays

Gas prices down across Canada, likely to last a few weeks leading up to holidays

TORONTO — Drivers hoping for cheaper gas can fill up after the price at the pump across Canada dropped on Thursday to an average 143 cents per litre.
Cineplex opens first Junxion entertainment, gaming and dining complex in Winnipeg

Cineplex opens first Junxion entertainment, gaming and dining complex in Winnipeg

Cineplex Inc. has opened the first of its new theatre, dining and entertainment complexes called Junxion. The Toronto-based theatre operator's first location is at Kildonan Place, a Winnipeg mall that was home to a Famous Players cinema.
Trans Mountain Corp. fined for 2020 death of pipeline expansion worker

Trans Mountain Corp. fined for 2020 death of pipeline expansion worker

CALGARY — The Canada Energy Regulator has issued financial penalties against Trans Mountain Corp. related to the 2020 death of a worker.
Financial regulator raises stability buffer amid higher debt levels, systemic risks

Financial regulator raises stability buffer amid higher debt levels, systemic risks

TORONTO — Canada's financial regulator is raising the amount of capital major banks need to have on hand over concerns of high household debt levels and other elevated systemic vulnerabilities.
Holmes' former partner gets nearly 13 years in Theranos case

Holmes' former partner gets nearly 13 years in Theranos case

SAN JOSE, Calif.
Budgeting for the first time amid soaring inflation? Here are some tips

Budgeting for the first time amid soaring inflation? Here are some tips

Chris Melnyk described the initial onset of inflation on his finances as a challenge. But soon the Whitby, Ont.
US jobless claims up modestly last week

US jobless claims up modestly last week

WASHINGTON (AP) — Slightly more Americans filed for jobless claims last week but the labor market remains one of strongest parts of the U.S. economy. Applications for unemployment benefits rose to 230,000 for the week ending Dec.