National Business

CALGARY — TransAlta Corp. reported a loss attributable to common shareholders of $84 million compared with a loss of $163 million a year earlier. The power utility says the loss amounted to 27 cents per diluted share for the quarter ended Dec.

TORONTO — Onex Corp. reported a fourth-quarter profit of US$373 million, down from US$435 million a year earlier. The investment firm and asset manager, which keeps its books in U.S. dollars, says the profit amounted to US$4.

WARSAW, Poland (AP) — The head of the European Union’s powerful Commission announced on Friday in Warsaw that decisions will be taken soon to release billions of euros to Poland, funds frozen by the bloc over the previous Polish government's anti-EU

Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how often his name and face appear in connection with the company: in memes, on social media, and now emblazoned across the top of a new Reddit

NEW YORK (AP) — Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company's CEO said in a memo to staff Thursday.

CALGARY — Low-cost airline Lynx Air announced a sudden halt to its operations as of Monday and told customers with bookings after that to seek refunds from their credit card companies.

CAPE CANAVERAL, Fla. (AP) — A private lander on Thursday made the first U.S. touchdown on the moon in more than 50 years, but managed just a weak signal back until flight controllers scrambled to gain better contact.

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.

VICTORIA — Families and small business operators in British Columbia are expected to benefit in an election-year budget that boosts spending, but forecasts a growing deficit of more than $7.9 billion and economic growth of less than one per cent.

VICTORIA — Here’s what people are saying about the 2024 British Columbia budget: “Some look at the challenges ahead and say government should respond with deep cuts, leaving people to fend for themselves.