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National Business
National Business
Japan Cabinet OKs $200B spending plan to counter inflation
TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is t
Oct 28, 2022 11:47 AM
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A key US inflation gauge stayed at a high 6.2% in September
WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily .
Oct 28, 2022 11:25 AM
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Canadian economy grew 0.1% in August, continuing on path of modest growth
OTTAWA — The Canadian economy edged slightlyhigher in August and initial estimates pointed to growth continued in September as worries of an impending recession grow. Statistics Canada said Friday real growth domestic product gained 0.
Oct 28, 2022 11:10 AM
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Power utility Fortis reports Q3 profit and revenue up from year ago
ST. JOHN'S, N.L. — Fortis Inc. reported its third-quarter profit rose compared with a year ago as its revenue also grew.
Oct 28, 2022 8:19 AM
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AP sources: Musk in control of Twitter, ousts top executives
SAN FRANCISCO — Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night.
Oct 28, 2022 12:04 AM
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Cogeco Communications profit rises 9.1% to $104.9 million in fourth quarter
MONTREAL — Cogeco Communications Inc. says its net profit in the fourth quarter rose 9.1 per cent to $104.9 million on a boost in revenue. The Montreal-based company says profit attributable to shareholders was the equivalent of $2.
Oct 27, 2022 8:06 PM
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Prosecutors take charge of probe into Baldwin shooting
SANTA FE, N.M. (AP) — A sheriff's department submitted on Thursday its investigative findings to prosecutors in the death of a cinematographer shot and killed by Alec Baldwin on a film set in New Mexico in October 2021.
Oct 27, 2022 8:04 PM
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Rogers-Shaw merger mediation session fails to yield settlement
TORONTO — Rogers Communications Inc. and Canada's competition watchdog have failed to resolve their differences over the telecom giant's $26-billion proposed takeover of Shaw Communications Inc. following a mediation period and weeks of talks.
Oct 27, 2022 7:43 PM
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Canfor sees income drop, revenues stay steady in Q3
VANCOUVER — Canfor Corp. saw its net income drop by almost 60 per centin the third quarter of 2022, largely due to a one-time inventory writedown from softening lumber prices. The Vancouver-based company reported $87.
Oct 27, 2022 7:15 PM
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Rogers-Shaw $26-billion proposed deal: a timeline of key events
Rogers Communications Inc. and Shaw Communications Inc.
Oct 27, 2022 6:51 PM
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