Skip to content

National Business

Brazil top court threatens to suspend X operations in latest twist of ongoing feud

Brazil top court threatens to suspend X operations in latest twist of ongoing feud

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 an in-country legal representative within 24 hours.
Read more >
French authorities issue preliminary charges against Telegram messaging app CEO

French authorities issue preliminary charges against Telegram messaging app CEO

PARIS (AP) — French authorities handed preliminary charges to Telegram CEO Pavel Durov on Wednesday for allowing alleged criminal activity on his messaging app, and barred him from leaving France pending further investigation.
Read more >
Rogers deal to drop linear channels in acquiring Discovery Science, OWN, Animal Planet content

Rogers deal to drop linear channels in acquiring Discovery Science, OWN, Animal Planet content

TORONTO — Content from specialty channels bound for Rogers including Cooking, OWN, Discovery Science, Motor Trend and Animal Planet will be streamed and on demand when the brands switch to the media giant next year. Rogers Communications Inc.
Read more >
Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering

Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering

PHOENIX (AP) — Michael Lacey, a founder of the lucrative classified site Backpage.
Read more >
Calgarians do better on second day of water rationing as pipe repairs continue

Calgarians do better on second day of water rationing as pipe repairs continue

CALGARY — City officials say Calgarians are getting better at cutting down on their water use, but need to do more to stop the taps from potentially running dry. The city says 497 million litres of water were used on Tuesday.
Read more >
No conflict in handling of B.C. zero-emission grants, says auditor general

No conflict in handling of B.C. zero-emission grants, says auditor general

VICTORIA — British Columbia's auditor general found no evidence of a conflict of interest in the handling of provincial grants for the zero-emission vehicle sector, after an accusation by a truck maker earlier this year.
Read more >
RBC, National Bank shares hit record highs on strong earnings

RBC, National Bank shares hit record highs on strong earnings

TORONTO — Shares of Royal Bank of Canada and National Bank hit all-time highs on Wednesday as the two banks reported earnings that topped expectations.
Read more >
S&P/TSX composite down, U.S. stock markets also fall ahead of Nvidia earnings

S&P/TSX composite down, U.S. stock markets also fall ahead of Nvidia earnings

TORONTO — Canada's main stock index fell on Wednesday, led by technology and base metals, while U.S. markets were also down ahead of a much-anticipated earnings report from Nvidia. The Nasdaq fell 1.1 per cent as large tech stocks led the way lower.
Read more >
Stock market today: Losses for Big Tech companies lead Wall Street lower

Stock market today: Losses for Big Tech companies lead Wall Street lower

Losses for several big technology companies pulled the stock market lower. The S&P 500 fell 0.6% Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4%.
Read more >
Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Freight railroad BNSF is generally striving to improve safety on a consistent basis, but that message doesn't always reach front-line workers who often don't feel comfortable reporting safety concerns for fear of being disciplined, according to an as
Read more >