National Business

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage Thursday showing that they boarded and intentionally set explosives aboard a Greek-flagged tanker that had been abandoned after they repeatedly attacked it, putting the Red Sea

CALGARY — Shares of Parex Resources Inc. were down nearly 30 per cent in early trading after the company cut its production guidance for the year and said its chief financial officer was leaving to pursue another opportunity.

TORONTO — Canadian Imperial Bank of Commerce reported its third-quarter profit rose compared with a year ago as it set aside less money for bad loans, bucking a trend seen this quarter among other banks. CIBC said Thursday its net income totalled $1.

HONG KONG (AP) — A Hong Kong court convicted two former editors of a shuttered news outlet on Thursday, in a sedition case widely seen as a barometer for the future of media freedoms in a city once hailed as a bastion of free press in Asia.

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, on Thursday reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials.

You're a few weeks into your new job and payday has arrived. But reading your first paystub, it's a little unclear what all of these deductions mean. After all, the exact amount of your biweekly direct deposit never came up in the interview process.

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

LOS ANGELES (AP) — Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than im

RIO DE JANEIRO (AP) — A Brazilian Supreme Court justice on Wednesday threatened to shut down the local operations of X, formerly Twitter, unless its billionaire owner Elon Musk names a legal representative in Brazil within 24 hours.