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National Business
National Business
Is Enron back? If it's a joke, some former employees aren't laughing
HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.
Dec 3, 2024 4:28 PM
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Nearly 30% of US drugstores closed in one decade, study shows
Nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021, new research shows.
Dec 3, 2024 4:23 PM
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Scotiabank reports Q4 profit up despite continued loan pressure
TORONTO — Scotiabank says it expects to see continued loan growth pressure and political uncertainty in the months ahead as it reported profits that were up from a year ago but below analyst expectations.
Dec 3, 2024 4:16 PM
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Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record
NEW YORK (AP) — U.S. stocks drifted to a mixed close, as gains for tech stocks nudged the S&P 500 and the Nasdaq to more records. The S&P 500 eked out a gain of under 0.1% Tuesday, while the Nasdaq composite rose 0.4%.
Dec 3, 2024 4:09 PM
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Auditor general slams Ontario Place redevelopment process as unfair, subjective
TORONTO — A European company developing a spa and waterpark at Ontario Place got special access to provincial executives during a submission process that was not fair or transparent, Ontario's auditor general said Tuesday in her annual report.
Dec 3, 2024 3:35 PM
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US job openings rose last month, though hiring slowed, in mixed picture for labor market
WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Dec 3, 2024 1:42 PM
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Ontario spent highest-ever amount on government ads, auditor says
TORONTO — Ontario Premier Doug Ford's government spent three times the amount of money on government advertising in the last fiscal year as it did the year before – the highest amount ever – and most campaigns were more partisan than informational, t
Dec 3, 2024 12:59 PM
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Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
HARRISBURG, Pa. (AP) — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.
Dec 3, 2024 12:58 PM
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US job openings rose last month, though hiring slowed, in mixed picture for labor market
WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Dec 3, 2024 10:22 AM
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Investissement Québec invests US$25M in maker of Sheertex rip-resistant tights
MONTREAL — Investissement Québec is investing US$25 million in the company that makes Sheertex tights. SRTX, the holding company of Sheertex Inc., says Investissement Québec is the lead participant in its current fundraising round.
Dec 3, 2024 10:21 AM
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