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National Business
National Business
Applications for jobless aid rise last week, but remain low
More Americans filed for jobless benefits last week, but layoffs remain historically low despite attempts by the Federal Reserve to cool the economy, and hiring, to bring down inflation. Applications for jobless aid in the U.S.
Feb 9, 2023 6:04 AM
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Shopify launches new shopping, shipping tools in semi-annual product showcase
TORONTO — Shopify Inc. announced more than 100 new product updates Thursday, including several aimed at helping retailers reach more customers, make checkout easier and better manage shipping.
Feb 9, 2023 6:00 AM
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Mullen Group reports $61.5M Q4 profit, up from $20.2M a year earlier
OKOTOKS, Alta. — Mullen Group Ltd. reported its fourth-quarter profit of $61.5 million, up from $20.2 million in the same quarter a year earlier, as its revenue for the quarter rose more than 10 per cent.
Feb 9, 2023 5:41 AM
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Report urges windfall tax to recover CEWS funds from large corporations
OTTAWA — A new report by the non-profit organization Canadians for Tax Fairness says Canada should institute a windfall tax on all large corporations to help recover some of the public funds awarded to businesses during the pandemic.
Feb 9, 2023 2:00 AM
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Carbon capture too expensive, takes too long to build: Report
CALGARY — By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.
Feb 9, 2023 1:00 AM
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MH17 inquiry: 'Strong indications' Putin OK'd missile supply
THE HAGUE, Netherlands (AP) — An international team of investigators said Wednesday it found “strong indications” that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia
Feb 8, 2023 7:42 PM
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Indigo says it is dealing with a 'cybersecurity incident' affecting online service
TORONTO — Indigo Books & Music Inc. says it is dealing with what it calls a "cybersecurity incident" that has affected online customer orders.
Feb 8, 2023 7:13 PM
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Residents can return after air deemed safe from derailment
EAST PALESTINE, Ohio (AP) — Evacuated residents can return to the Ohio village where crews burned toxic chemicals after a train derailed five days ago near the Pennsylvania state line now that monitors show no dangerous levels in the air, authorities
Feb 8, 2023 3:52 PM
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Freshii shareholders approve acquisition by Montreal-based Foodtastic
TORONTO — Freshii Inc. says its shareholders have approved the sale of the healthy fast-food chain to Montreal-based Foodtastic Inc.
Feb 8, 2023 3:12 PM
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Sun Life Financial reports net income of $951 million for Q4 2022
TORONTO — Sun Life Financial Inc. says its net income in the fourth quarter of 2022 was $951 million, down 12 per cent from a year earlier. Earnings per share were $1.62, down from $1.83 in the fourth quarter of 2021.
Feb 8, 2023 3:02 PM
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