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National Business
National Business
Newfoundland and Labrador asked to figure out cost of shutting down oil projects
ST. JOHN'S, N.L.
Mar 2, 2024 6:00 AM
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United Steelworkers Local 2004 reaches tentative deal with CN Rail
MONTREAL — The United Steelworkers union says it has reached a tentative deal with Canadian National Railway Co. for a new contract covering 3,000 workers in Canada.
Mar 1, 2024 5:32 PM
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Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.
Mar 1, 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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,552.35, up 188.74 points): Suncor Energy Inc. (TSX:SU). Energy. Up 77 cents, or 1.65 per cent, to $47.40 on 24.1 million shares.
Mar 1, 2024 5:01 PM
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S&P/TSX composite gains almost 200 points as oil rises, U.S. markets hit new highs
TORONTO — Canada's main stock index gained almost 200 points on Friday, helped by strength in energy stocks as the price of oil moved higher, while U.S. markets closed out the week with new record highs for the Nasdaq and the S&P 500.
Mar 1, 2024 4:41 PM
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Stock market today: Wall Street climbs to more records as bond yields ease
NEW YORK (AP) — Wall Street added to its records as U.S. stocks closed out another winning week. The S&P 500 rose 0.8% Friday. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite rose 1.1%.
Mar 1, 2024 4:09 PM
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Body Shop Canada files for bankruptcy protection, plans restructuring
TORONTO — The Body Shop Canada Ltd. says it will close 33 stores and halt its e-commerce operations as it seeks to restructure under the Bankruptcy and Insolvency Act.
Mar 1, 2024 3:54 PM
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CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'
Canada's housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. Canada Mortgage and Housing Corp.
Mar 1, 2024 2:58 PM
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Calgary home sales up almost 23 per cent in February, prices rising
CALGARY — The Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose. The board says sales totalled 2,135 units, while the volume of sales in dollars rose 41.3 per cent to $1.
Mar 1, 2024 2:46 PM
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Boeing is reportedly in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max
DALLAS (AP) — Boeing is in talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners , including the one that suffered a door-panel blowout in January, according to a person knowledgeable about the discussions.
Mar 1, 2024 2:36 PM
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