Skip to content

National Business

Railway work stoppage to weigh on GDP, put pressure on inflation: economists

Railway work stoppage to weigh on GDP, put pressure on inflation: economists

TORONTO — Economists say the work stoppage that began last night at Canada's two major railways will have a significant effect on the country's economy. Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.
Read more >
Manitoba government says free prescription birth control will start in October

Manitoba government says free prescription birth control will start in October

WINNIPEG — Manitobans will have access to free prescription birth control starting Oct. 1. The NDP government says that's the date it will fulfil a promise it made in last year's election campaign.
Read more >
US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market

US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market

LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales rose 1.
Read more >
U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

Slightly more Americans filed for unemployment benefits last week, but the number of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.
Read more >
Multi-level marketing or pyramid scheme? Look for these red flags before signing up

Multi-level marketing or pyramid scheme? Look for these red flags before signing up

It's an attractive proposition — being able to work from home and earn commission on sales, with the flexibility to work as little or as much as you want.
Read more >
Body of British tech magnate Mike Lynch is among those recovered from yacht wreckage, officials say

Body of British tech magnate Mike Lynch is among those recovered from yacht wreckage, officials say

PORTICELLO, Sicily (AP) — The Italian coast guard said Thursday the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called it unsinkable.
Read more >
U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

The number of Americans filing for unemployment benefits rose modestly last week, but the level of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.
Read more >
Loblaw piloting ultra-discount No Name grocery stores in Ontario

Loblaw piloting ultra-discount No Name grocery stores in Ontario

Loblaw is piloting a new ultra-discount grocery store in Ontario that promises to deliver even lower prices by stripping away even more frills. The first three No Name stores will open in September in Windsor, St.
Read more >
French destroyer in EU mission rescues 29 mariners from oil tanker stricken in Red Sea attacks

French destroyer in EU mission rescues 29 mariners from oil tanker stricken in Red Sea attacks

DUBAI, United Arab Emirates (AP) — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Thursday, while also destroying a bomb-carrying drone boat in the area.
Read more >
Labor dispute stops Canadian freight railroads and could cause major economic disruption in US

Labor dispute stops Canadian freight railroads and could cause major economic disruption in US

TORONTO (AP) — Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S.
Read more >