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Hudson's Bay cuts 200 corporate jobs effective April 4
TORONTO — Hudson's Bay says it has notified about 200 of its staff working in corporate roles that their employment will be terminated next week.
Mar 28, 2025 3:54 PM
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Charlie Javice convicted of defrauding JPMorgan during $175 million sale of financial aid startup
NEW YORK (AP) — Charlie Javice , the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted on Friday of defrauding one of the largest U.S.
Mar 28, 2025 3:36 PM
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Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy, higher inflation
NEW YORK (AP) — Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war .
Mar 28, 2025 2:01 PM
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Hudson's Bay is liquidating most of its stores. Here's what you need to know
Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.
Mar 28, 2025 1:12 PM
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Canada's economy 'sprinting into a wall' to start 2025 as tariff hit looms
OTTAWA — The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat of tariffs. Statistics Canada said Friday that real gross domestic product rose 0.
Mar 28, 2025 12:59 PM
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Deed tax increase won't hurt demand for Nova Scotia recreational properties: Realtor
HALIFAX — Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.
Mar 28, 2025 12:51 PM
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Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle
WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S.
Mar 28, 2025 12:35 PM
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Premier Moe heads to Europe for trade show, London Stock Exchange address
REGINA — Saskatchewan Premier Scott Moe is travelling to Europe to promote the province's agricultural, energy and manufacturing industries.
Mar 28, 2025 12:26 PM
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TSX down more than 250 points on Friday morning, as U.S. stocks also fall
TORONTO — Canada's main stock index was down more than 250 points in late-morning trading on Friday amid broad-based losses, while U.S. stock markets also plunged. The S&P/TSX composite index was down 261.77 points at 24,899.29.
Mar 28, 2025 11:40 AM
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US consumers remained cautious about spending last month as inflation ticked higher
WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.
Mar 28, 2025 10:56 AM
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