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National Business
National Business
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt.
May 29, 2024 8:25 AM
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Patients who end up in ER for severe dependence on alcohol need medications: doctors
A group of Canadian and American experts is urging emergency room doctors to prescribe specific medications to help curb cravings and alleviate withdrawal from heavy use of alcohol, which leads to more hospitalizations than any other substance.
May 29, 2024 4:00 AM
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Property controls a major barrier for grocery competition in Canada: experts
As Canadian consumers have increasingly soured on the major grocers, the country's competition watchdog has turned its sights on restrictive clauses in retail leases that it says are hampering competition in the grocery sector.
May 29, 2024 4:00 AM
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Missile attacks damage a ship in the Red Sea off Yemen's coast near previous Houthi rebel assaults
DUBAI, United Arab Emirates (AP) — Missile attacks twice damaged a Marshall Islands-flagged, Greek-owned ship Tuesday in the Red Sea off the coast of Yemen, with a private security firm saying radio traffic suggested the vessel took on water after be
May 28, 2024 9:38 PM
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Ontario judge upholds Red Lobster's U.S. bankruptcy case in Canada
TORONTO — An Ontario judge issued an order Tuesday that recognizes and enforces Red Lobster’s U.S. bankruptcy protection proceedings in Canada.
May 28, 2024 9:32 PM
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CBC News' Adrienne Arsenault among Canadian Screen Awards winners at industry gala
TORONTO — CBC News anchor Adrienne Arsenault and reporter Jorge Barrera of "The National" took home two of the top news prizes at the first of several industry galas for the Canadian Screen Awards.
May 28, 2024 9:00 PM
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B.C. miners serve strike notice at Gibraltar copper pit in central Interior
WILLIAMS LAKE, B.C. — A union representing 550 workers at a mine in British Columbia's central Interior says they're prepared to go on strike if a new contract is not reached by the end of Friday.
May 28, 2024 7:36 PM
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Proxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to board
MONTREAL — The bitter battle over who would run Gildan Activewear Inc. cost the company at least US$65 million, according to its newly returned CEO, as the apparel maker looks to turn a corner after a turbulent six months.
May 28, 2024 7:30 PM
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Fitch downgrades TD Bank outlook to negative on anti-money laundering issues
TORONTO — Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank.
May 28, 2024 5:47 PM
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Key Manitoba pipeline partially fixed as repairs continue, province says
WINNIPEG — Fuel is flowing for the first time in more than two months through a pipeline that supplies gasoline, diesel and aviation fuel to the Winnipeg region.
May 28, 2024 5:32 PM
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