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Parkland rejects activist investor's call to sell or spin off Burnaby, B.C. refinery
CALGARY — Parkland Fuel Corp. said Thursday its Burnaby, B.C. refinery is not for sale, even in the face of pressure from an activist investor. The Calgary-based fuel retailer and convenience store operator has been the subject of a campaign by U.S.
May 4, 2023 3:52 PM
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Jury finds Ed Sheeran didn't copy Marvin Gaye classic
NEW YORK (AP) — A federal jury in New York concluded Thursday that British singer Ed Sheeran didn't steal key components of Marvin Gaye’s classic 1970s tune “Let’s Get It On” when he created his hit song “Thinking Out Loud.
May 4, 2023 2:26 PM
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Telus reports Q1 profit down from a year ago, raises quarterly dividend
Telus Corp. raised its dividend Thursday as it reported its first-quarter profit fell compared with a year ago on higher interest, depreciation and amortization, restructuring and other costs.
May 4, 2023 1:26 PM
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'Your presence is a present': How to navigate invitations that say 'no gifts'
TORONTO — You've received an invitation to a milestone birthday, wedding or baby shower and after glossing over some details you spot the saying: “your presence is a present.
May 4, 2023 1:22 PM
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Enbridge signs tolling deal with shippers for Mainline pipeline system
CALGARY — Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over three million barrels a day of crude oil and liquids from Western Canada.
May 4, 2023 12:35 PM
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These companies have laid off Canadian workers in 2023
A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
May 4, 2023 11:48 AM
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Statistics Canada says merchandise trade surplus $972 million in March
OTTAWA — Statistics Canada says the country posted a merchandise trade surplus in March of $972 million as imports fell more than exports. The agency said Thursday the surplus compared with a revised deficit of $487 million in February.
May 4, 2023 11:36 AM
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New York, California probing workplace discrimination at NFL
NEW YORK (AP) — The attorneys general of New York and California announced Thursday that they are investigating allegations of workplace discrimination at the NFL, citing lawsuits filed by employees that describe sex, racial and age bias, sexual hara
May 4, 2023 11:35 AM
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TD calls off deal to buy U.S. bank First Horizon over regulatory uncertainty
TORONTO — TD Bank Group has called off its US$13.4-billion deal to acquire U.S. bank First Horizon Corp., citing regulatory uncertainty around the takeover.
May 4, 2023 11:08 AM
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European Central Bank slows pace of rate hikes but vows more
FRANKFURT, Germany (AP) — The European Central Bank slowed the pace of its interest rate increases Thursday, stepping back like the U.S. Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation.
May 4, 2023 11:06 AM
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