National Business

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs. The company announced 11,000 job cuts in November, about 13% of its workforce at the time.

WASHINGTON (AP) — U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.

MONTREAL — Dorel Industries Inc. reported its net loss from continuing operations grew in the fourth quarter amid lower U.S. sales in its children's products and home furnishings divisions. The Montreal-based company, which keeps its books in U.S.

NEW YORK (AP) — Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions

JUNEAU, Alaska (AP) — The Biden administration is approving a major oil project on Alaska's petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is counter t

WINNIPEG — The Manitoba government introduced a bill Monday that would end a long-standing but hard to enforce ban on reselling tickets to sports and entertainment events at higher prices.

MONTREAL — The head of Flair Airlines went on the offensive Monday, saying the weekend seizure of some of its planes may have been instigated by another carrier attempting to disrupt Flair's operations.

TORONTO — Worries about the financial system after two recent bank failures saw bank stocks pull U.S. markets mostly down Monday, while Canadian markets fell on weakness in energy and financials.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,588.90, down 186.02): Toronto-Dominion Bank (TSX:TD). Financials. Down $2.87, or 3.43 per cent, to $80.90 on 14.4 million shares.

CALGARY — French fry giant McCain Foods Ltd. has announced it will spend $600 million to double the size of its potato processing facility in southern Alberta.