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National Business
National Business
OMERS selling LifeLabs to Quest Diagnostics in deal valued at $1.35B
TORONTO — Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt.
Jul 3, 2024 10:14 AM
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US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week
WASHINGTON (AP) — The number of Americans filing for unemployment benefits inched up last week and remain historically low, however the total number of people collecting jobless benefits continues to grow.
Jul 3, 2024 9:30 AM
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To save spotted owls, US officials plan to kill hundreds of thousands of another owl species
To save the imperiled spotted owl from potential extinction, U.S.
Jul 3, 2024 8:47 AM
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Nova Scotia municipalities urged to get creative to find new revenue streams: report
HALIFAX — The tax base for municipalities across Nova Scotia isn't keeping up with the cost of services and programs, and local governments need to get creative in finding new revenue, including by asking Ottawa for a cut of personal income taxes.
Jul 3, 2024 4:00 AM
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‘Frustration takes over’: How arbitration plans went awry in WestJet mechanics strike
Arbitration doesn't typically spur a strike. If anything, the reverse occurs.
Jul 2, 2024 8:01 PM
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US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
DETROIT (AP) — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.
Jul 2, 2024 5:23 PM
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Dairy co-operative Agropur hit by "limited" cyberincident
Agropur says it’s the victim of a cyberincident, the impact of which was limited to a part of its shared online directory. The incident happened in the last few days and didn’t affect transactional systems, the dairy processor said Tuesday.
Jul 2, 2024 5:14 PM
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S&P/TSX composite rises Tuesday on energy strength, U.S. markets also move higher
TORONTO — Canada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom, while U.S. stock markets also climbed higher.
Jul 2, 2024 4:39 PM
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Northvolt says it will continue EV battery plant project near Montreal ‘as planned’
MONTREAL — Northvolt says it will continue construction of a $7-billion factory on Montreal's South Shore "as planned" — hours after its CEO said the Swedish battery manufacturer would hit the brakes on its international development plan to refocus o
Jul 2, 2024 4:36 PM
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Lightning, persistent storms trigger wildfire spike in Yukon
WHITEHORSE, YUKON — Yukon's government says sustained storms over the last two weeks have caused a spike in lightning-triggered wildfires, resulting in poor air quality and fire evacuation alerts.
Jul 2, 2024 4:35 PM
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