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National Business
National Business
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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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 (22,265.05, down 108.33 points): Suncor Energy Inc. (TSX:SU). Energy. Up 26 cents, or 0.47 per cent, to $55.54 on 12.1 million shares.
May 28, 2024 5:03 PM
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S&P/TSX composite down more than 100 points, U.S. stock markets mixed
TORONTO — Losses in industrial, utility and financial stocks weighed on the Toronto stock market as Canada's main stock index fell more than 100 points Tuesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 108.
May 28, 2024 4:41 PM
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Stock market today: Most of Wall Street slips in quiet trading after returning from a 3-day weekend
NEW YORK (AP) — Most U.S. stocks fell as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend. The S&P 500 closed little changed Tuesday and is sitting just below its record set a week ago.
May 28, 2024 4:08 PM
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Scotiabank profits slip as auto loans and variable mortgages weigh
TORONTO — Rising strain in auto loans and mortgages led Scotiabank to set aside more money in the second quarter, leading to a drop in profits and analyst concern about its growth prospects. The bank said Tuesday its net income fell to $2.
May 28, 2024 2:59 PM
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OpenAI forms safety committee as it starts training latest artificial intelligence model
OpenAI says it's setting up a safety and security committee and has begun training a new AI model to supplant the GPT-4 system that underpins its ChatGPT chatbot.
May 28, 2024 1:56 PM
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US consumer confidence rises in May after three months of declines
WASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about inflation and interest rates.
May 28, 2024 12:37 PM
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Private equity firm buys hockey rink board maker Athletica Sport Systems
TORONTO — Private equity firm Reichmann Segal Capital Partners says it has acquired Athletica Sport Systems Inc., a maker of boards and other equipment used for hockey rinks. Terms of the transaction were not disclosed.
May 28, 2024 11:11 AM
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Why young people keep getting caught in debt traps and how to break the cycle
Between inflation, housing costs and interest rates, debt is ballooning for many younger Canadians. Scott Terrio sees it all the time.
May 28, 2024 10:00 AM
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More Canadians only making minimum payment on credit cards: TransUnion
A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household budgets.
May 28, 2024 9:59 AM
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