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National Business
Purdue Pharma owners could pay $7.4 billion in new settlement to lawsuits over the toll of OxyContin
Members of the family who own OxyContin maker Purdue Pharma agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription painkiller, New York Attorney General Letitia James announced Thursday.
Jan 23, 2025 9:07 AM
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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
OMAHA, Neb. (AP) — Union Pacific reported 7% more fourth-quarter profit as the railroad prepared to deal with whatever challenges President Donald Trump's administration or the economy might present.
Jan 23, 2025 8:40 AM
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Statistics Canada reports November retail sales flat at $67.6 billion
OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.
Jan 23, 2025 7:30 AM
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More Americans file for unemployment benefits last week, continuing claims highest in 3 years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Jan 23, 2025 7:19 AM
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'There's going to be a lot more noise': Investing strategies in the time of Trump
TORONTO — The roller-coaster governance model of Donald Trump is already back on display: he was quiet on tariffs during his inauguration day, only to say later that evening they could be coming by February. The actual plan remains unclear.
Jan 23, 2025 7:00 AM
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More Americans file for unemployment benefits last week, continuing claims highest in 3 years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Jan 23, 2025 5:43 AM
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Canadians continue to struggle financially due to higher costs: RBC poll
TORONTO — A new report says nearly half of Canadians polled say they can't maintain their standard of living due to rising costs.
Jan 23, 2025 5:09 AM
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Europe posts record year for clean energy use as Trump pulls US toward fossil fuels
A record 47% of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign of the growing gap between the bloc's push for clean energy and the new U.S.
Jan 23, 2025 1:10 AM
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Laundering of fentanyl cash linked to online betting sites, intelligence agency warns
OTTAWA — Canada's financial intelligence agency suspects online gambling platforms are being used to launder proceeds from fentanyl dealing and production.
Jan 23, 2025 1:00 AM
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TikTok, Meta 'chaos' reminds Canadian businesses of the value of diversification
For Monika Scott and Robyn Mair, the last month has brought a whipsaw of emotions every time they log onto social media. Between a divest-or-ban government ultimatum that downed TikTok in the U.S.
Jan 23, 2025 1:00 AM
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