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National Business
National Business
Big tech deals keep coming: Broadcom buys VMware for US$61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.
May 26, 2022 7:27 AM
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US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S.
May 26, 2022 6:29 AM
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Fewer Americans apply for jobless benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already near five-decade lows.
May 26, 2022 5:41 AM
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China wants 10 Pacific nations to endorse sweeping agreement
WELLINGTON, New Zealand (AP) — China wants 10 small Pacific nations to endorse a sweeping agreement covering everything from security to fisheries in what one leader warns is a “game-changing” bid by Beijing to wrest control of the region.
May 25, 2022 5:55 PM
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Twitter shareholders meet amid Elon Musk's takeover drama
Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform.
May 25, 2022 4:05 PM
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Unionized Starbucks stores face hard work of bargaining
It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores.
May 25, 2022 3:59 PM
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Twitter to pay $150M penalty over privacy of users' data
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
May 25, 2022 3:56 PM
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Boeing capsule lands back on Earth after space shakedown
CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard.
May 25, 2022 3:52 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,383.75, up 97.55 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 25 cents, or 1.1 per cent, to $22.
May 25, 2022 2:20 PM
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Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios
TORONTO — BMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.
May 25, 2022 2:14 PM
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