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National Business
National Business
Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2.
Nov 7, 2024 1:11 PM
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Hundreds will lose access to safe consumption when some Toronto sites close: study
TORONTO — Hundreds of people will lose access to supervised consumption sites in Toronto when the province closes five of them next year, which will likely mean more public drug use and more overdoses, a new study suggests.
Nov 7, 2024 11:49 AM
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Canada Goose trims guidance as second-quarter revenue drops ahead of peak season
TORONTO — Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago, thanks in part to weaker consumer confidence.
Nov 7, 2024 11:44 AM
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TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico
CALGARY — TC Energy Corp.'s Southeast Gateway pipeline project in Mexico is on track to come in 11 per cent below budget and should be operational no later than mid-2025, the Calgary-based company said Thursday.
Nov 7, 2024 11:12 AM
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Barrick Gold reports US$483M Q3 profit, up from US$368M a year ago, revenue up 18%
TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$483 million, up from US$368 million a year ago as its revenue rose 18 per cent. The gold miner, which keeps its books in U.S.
Nov 7, 2024 10:48 AM
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Canadian Tire sees customers make fewer trips to stores to buy fewer items in Q3
TORONTO — Canadian Tire Corp. Ltd. executives are seeing early signs that consumers could soon ease up on the careful shopping habits they adopted to cope with inflation, but their outlook on the economy is still far from rosy.
Nov 7, 2024 10:25 AM
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Bank of England cuts UK interest rates again despite modest budget-related inflation spike
LONDON (AP) — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K.
Nov 7, 2024 10:21 AM
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Safe travels: Experts say travel insurance may save you thousands on vacation abroad
TORONTO — Hannah Logan didn't expect to wind up in the hospital, or face a pricey bill for X-rays and medication when she travelled to Bosnia over a decade ago.
Nov 7, 2024 10:00 AM
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Cameco raises annual dividend, reports $7M third-quarter profit
SASKATOON, Sask. — Cameco Corp. increased its annual dividend as it reported a third-quarter profit attributable to equity holders of $7 million, down from $148 million a year ago.
Nov 7, 2024 9:47 AM
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Slightly more American apply for unemployment benefits last week, but layoffs remain at low levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2.
Nov 7, 2024 8:39 AM
Read more >
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