Skip to content

National Business

U.S. senator calls out lack of TD executives charged in money laundering settlement

U.S. senator calls out lack of TD executives charged in money laundering settlement

TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Read more >
Auto parts company Magna International lowers guidance amid production slump

Auto parts company Magna International lowers guidance amid production slump

TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Read more >
Laurentian Bank names veteran executive Robert Ouellette to board of directors

Laurentian Bank names veteran executive Robert Ouellette to board of directors

MONTREAL — Laurentian Bank of Canada says veteran executive Robert Ouellette is joining its board of directors as a new independent director.
Read more >
Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion, or $1.92 per share, for the three months ended Sept.
Read more >
Ride-share giant Uber bans customer after Alberta driver shares racist rant video

Ride-share giant Uber bans customer after Alberta driver shares racist rant video

EDMONTON — Ride-share giant Uber has banned a customer from its app after one of its drivers posted a social media video showing him enduring a racist tirade.
Read more >
How will the outcome of the U.S. election affect financial markets?

How will the outcome of the U.S. election affect financial markets?

Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.
Read more >
Will people leave Florida after devastating hurricanes? History suggests not

Will people leave Florida after devastating hurricanes? History suggests not

ORLANDO, Fla.
Read more >
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading. For the three months that ended on Sept.
Read more >
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump

Apple sells $46 billion worth of iPhones over the summer as AI helps end slump

SAN FRANCISCO (AP) — Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off.
Read more >
Two Port of Montreal terminals shut down as dockworkers begin new strike

Two Port of Montreal terminals shut down as dockworkers begin new strike

MONTREAL — Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country's second biggest port.
Read more >