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National Business
National Business
US jobless claims hit 52-year low after seasonal adjustments
WASHINGTON (AP) — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year's coronavirus recession.
Nov 24, 2021 6:25 AM
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BHP extends offer for Noront Resources as talks with Wyloo continue
TORONTO — BHP Lonsdale Investments Pty Ltd. is extending is takeover offer for Noront Resources Ltd. as it continues talks with a major shareholder in the company regarding support for its proposal.
Nov 24, 2021 5:53 AM
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NASA launches spacecraft to test asteroid defense concept
LOS ANGELES (AP) — NASA launched a spacecraft Tuesday night on a mission to smash into an asteroid and test whether it would be possible to knock a speeding space rock off course if one were to threaten Earth.
Nov 24, 2021 5:45 AM
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STB establishes schedule for regulatory review of CP merger with Kansas City Southern
CALGARY — Canadian Pacific Railway Ltd. says its proposed acquisition of Kansas City Southern could be approved in about a year, after the U.S. regulator established a schedule for its regulatory review.
Nov 23, 2021 4:22 PM
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Fighting gas prices, US to release 50 million barrels of oil
WASHINGTON (AP) — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America's strategic reserve, aiming to bring down gasoline and other costs, in coordination with other major energy consuming nations including
Nov 23, 2021 4:07 PM
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Samsung says it will build $17B chip factory in Texas
Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.
Nov 23, 2021 4:06 PM
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Five million viewers see Carlson's Rittenhouse chat
NEW YORK (AP) — Tucker Carlson reached 5.05 million viewers for his Kyle Rittenhouse interview on Monday , the Fox News Channel opinion host's largest audience since the night of the Jan. 6 riot at the U.S. Capitol.
Nov 23, 2021 3:26 PM
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New report recommends Canada form government-led consortium of semiconductor buyers
TORONTO — A new report from Canada's Semiconductor Council says the country should form a government-led consortium of chip buyers by 2025 to overcome a global shortage crippling manufacturers and prevent further troubles.
Nov 23, 2021 3:00 PM
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Alimentation Couche-Tard boosts dividend even as profits slip in latest quarter
LAVAL, Que. — Alimentation Couche-Tard Inc. is boosting its quarterly dividend by nearly 26 per cent even as its net earnings decreased in its latest quarter despite higher revenues.
Nov 23, 2021 2:51 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,453.77, up 33 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 91 cents, or 2.84 per cent, to $33 on 24 million shares.
Nov 23, 2021 2:18 PM
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