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National Business
National Business
Activist investor puts more pressure on Parkland Fuel; will oppose incumbent board
CALGARY — A U.S. activist investor that has been pushing Parkland Fuel Corp. to consider selling or spinning off its Burnaby, B.C. refinery said Thursday it will withhold support from all of Parkland Fuel Corp.
Apr 20, 2023 1:25 PM
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TTC rejects Bell's proposal for joint-build wireless cellphone network
TORONTO — The agency that operates Toronto's subway system has rejected a proposal by Bell Canada to revamp its wireless cell service model in a way to prevent Rogers from charging its rivals a fee for their customers to access the network, calling i
Apr 20, 2023 1:20 PM
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SpaceX giant rocket explodes minutes after launch from Texas
SOUTH PADRE ISLAND, Texas (AP) — SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.
Apr 20, 2023 12:50 PM
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Hold the phone: Jim Balsillie sets the record straight on 'BlackBerry' movie
TORONTO — Jim Balsillie is having his Hollywood moment. It was almost inevitable the Waterloo, Ont., businessman would one day be portrayed in film for his role in the global success of the BlackBerry smartphone.
Apr 20, 2023 12:20 PM
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Twitter begins removing blue checks from users who don't pay
This time it's for real. Many of Twitter’s high-profile users are losing the blue check marks that helped verify their identity and distinguish them from impostors on the Elon Musk-owned social media platform.
Apr 20, 2023 12:16 PM
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Bank regulator action on climate change "overdue and now urgent": audit
OTTAWA — Canada's environment commissioner says action by the federal banking regulator on climate change is overdue and now urgent.
Apr 20, 2023 11:32 AM
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BMO names Darrel Hackett as head of U.S. division as current lead to retire
TORONTO — BMO says it has named Darrel Hackett as head of the bank's U.S. operations as the current lead Dave Casper is set to retire. The bank says that as of June 1, Hackett will be U.S.
Apr 20, 2023 11:00 AM
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Key shareholder Sumitomo to vote in favour of Teck plan to split business
VANCOUVER — Sumitomo Metal Mining Co. Ltd., a key shareholder at Teck Resources Ltd., will vote in favour of the company's plan to separate its metals and steelmaking coal operations into two companies.
Apr 20, 2023 10:05 AM
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US home sales fell in March in tepid homebuying season start
LOS ANGELES (AP) — The spring homebuying season in the U.S. is off to a tepid start as buyers contend with sharply higher mortgage rates and near historic-low inventory of properties on the market. Existing U.S. home sales fell 2.
Apr 20, 2023 9:47 AM
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TD says still in talks on extending First Horizon deal but offers little detail
TORONTO — Shareholders looking for an update on TD Bank Group's US$13.4 billion takeover of First Horizon Corp. were left with few answers at the bank's annual meeting Thursday. Facing numerous questions about the deal after U.S.
Apr 20, 2023 9:45 AM
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