Skip to content

National Business

CVS, Walgreens announce opioid settlements totaling $10B

CVS, Walgreens announce opioid settlements totaling $10B

CVS Health and Walgreen Co. announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids , and a lawyer said Walmart is in discussions for a deal.
Read more >
Rio Tinto reaches agreement with dissident shareholders in Turquoise Hill deal

Rio Tinto reaches agreement with dissident shareholders in Turquoise Hill deal

TORONTO — Rio Tinto has reached an agreement with a pair of dissident shareholders that have opposed the company's plan to take Turquoise Hill Resources Ltd. private.
Read more >
MTY Food Group buying Wetzel's Pretzels for $284 million in cash

MTY Food Group buying Wetzel's Pretzels for $284 million in cash

MONTREAL — MTY Food Group Inc. has signed an agreement to buy the company that owns the Wetzel's Pretzels chain for $284 million in cash. MTY chief executive Eric Lefebvre says the deal adds an iconic brand to MTY's U.S.
Read more >
Russia rejoins wartime deal on Ukrainian grain exports

Russia rejoins wartime deal on Ukrainian grain exports

KYIV, Ukraine (AP) — Russia agreed Wednesday to resume its participation in a deal brokered by Turkey and the U.N. to keep grain and other commodities moving out of Ukraine's ports during Russia's invasion of Ukraine, Turkey's president said.
Read more >
Poland building wall along border with Russia's Kaliningrad

Poland building wall along border with Russia's Kaliningrad

WARSAW, Poland (AP) — Poland’s defense minister said Wednesday that he has ordered the construction of a temporary barrier along the border with the Russian exclave of Kaliningrad.
Read more >
Seasonal job postings soar, but employers may struggle to fill them, Indeed says

Seasonal job postings soar, but employers may struggle to fill them, Indeed says

TORONTO — Employers may have a tougher time hiring temporary workers this upcoming holiday season as the growth in job postings compared to pre-pandemic outweighs those looking, a new report has found.
Read more >
Musk emerging as Twitter's chief moderator ahead of midterms

Musk emerging as Twitter's chief moderator ahead of midterms

NEW YORK (AP) — Days after taking over Twitter and a week before the U.S. midterm elections, billionaire Elon Musk has positioned himself as moderator-in-chief of one of the most important social media platforms in American politics.
Read more >
Martinrea reports record quarterly sales as supply constraints ease

Martinrea reports record quarterly sales as supply constraints ease

TORONTO — Martinrea International Inc. says it hit record quarterly sales in the third quarter as supply shortages eased and it passed on more inflationary costs to customers. The auto parts maker says sales of $1.
Read more >
Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

OTTAWA — The regulatory fight over the $26-billion proposed merger between Rogers Communications Inc. and Shaw Communications Inc.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,517.71, up 91.57 points): Enbridge Inc. (TSX:ENB). Energy. Down five cents, or 0.09 per cent, to $53.03 on 7.5 million shares.
Read more >