Skip to content

National Business

Canadian Press NewsAlert: Rail shutdown begins as employees locked out

Canadian Press NewsAlert: Rail shutdown begins as employees locked out

Canada's largest railway has locked out its employees and halted all trains after Canadian National and its workers couldn't agree on a new contract before a 12:01 a.m. deadline.
Read more >
Fears for traffic if rail stoppage halts B.C.'s West Coast Express

Fears for traffic if rail stoppage halts B.C.'s West Coast Express

MAPLE RIDGE, B.C. — A city councillor in Maple Ridge, B.C., worries about the potential shut down of the Lower Mainland's major commuter train in the event of a national rail stoppage. Coun.
Read more >
Newfoundland newspaper The Telegram reducing print run after Postmedia purchase

Newfoundland newspaper The Telegram reducing print run after Postmedia purchase

ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.
Read more >
TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation

TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation

TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.
Read more >
What to know about the potential work stoppage at Canada's two biggest railways

What to know about the potential work stoppage at Canada's two biggest railways

MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.
Read more >
Divers find 5 bodies during search of superyacht wreckage after it sank off Sicily, 1 still missing

Divers find 5 bodies during search of superyacht wreckage after it sank off Sicily, 1 still missing

PORTICELLO, Sicily (AP) — Divers searching the wreck of a superyacht that sank off Sicily found the bodies of five passengers Wednesday, leaving one still missing as questions intensified about why the vessel sank so quickly when a nearby sailboat re
Read more >
S&P/TSX composite rises Wednesday, U.S. stock markets also higher

S&P/TSX composite rises Wednesday, U.S. stock markets also higher

TORONTO — Canada's main stock index rose on Wednesday, helped by strength in base metals and technology, while U.S.
Read more >
Stock market today: Wall Street closes higher after Target and other retailers top profit forecasts

Stock market today: Wall Street closes higher after Target and other retailers top profit forecasts

NEW YORK (AP) — U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%.
Read more >
'Unacceptable': Business groups say rail stoppage would hit grain, groceries and more

'Unacceptable': Business groups say rail stoppage would hit grain, groceries and more

An impending labour stoppage on Canada's two national railways has riled industry groups who worry consumers and businesses will be hit hard if goods ranging from grains to french fries to petrochemicals can't be moved. Canadian National Railway Co.
Read more >
The price of gold is at a record high. Here's why

The price of gold is at a record high. Here's why

NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That's the highest closing price recorded for the commodity to date.
Read more >