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National Business
National Business
Wall Street falls ahead of mammoth week with Fed, earnings
NEW YORK (AP) — Stocks closed lower on Wall Street ahead of a week full of potentially market-moving events. The S&P 500 fell 1.3% Monday as markets prepare for decisions on interest rates around the world and a slew of earnings reports.
Jan 30, 2023 1:05 PM
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Janus Henderson Investors to oppose Ritchie Bros. deal to buy IAA
VANCOUVER — A second investment manager is voicing its opposition to a plan by Ritchie Bros. Auctioneers Inc. to buy vehicle auction company IAA Inc. In a letter to the Ritchie Bros.
Jan 30, 2023 12:14 PM
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New alcohol recommendations could speed up changing drinking habits, businesses say
TORONTO — New guidance for drinking alcohol could speed up changing consumer drinking habits as younger generations drink less and non-alcoholic beverages become more popular, advocates and business owners in the beverage industry say.
Jan 30, 2023 11:15 AM
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After Tesla price cut, Ford follows suit with Mustang Mach-E
DETROIT (AP) — Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps .
Jan 30, 2023 10:06 AM
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Companies make progress on anti-Black racism, but workers worry about recession: poll
TORONTO — Most Black Canadians feel their employers made progress addressing anti-Black racism last year — but they worry about what a recession could mean for those gains, a KPMG survey said.
Jan 30, 2023 8:38 AM
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Companies extend deadline to close Rogers-Shaw deal to Feb. 17
TORONTO — The companies involved in the Rogers Communications Inc. deal to buy Shaw Communications have extended the deadline to complete the transaction. Rogers, Shaw, the Shaw Family Living Trust and Quebecor Inc.
Jan 30, 2023 5:17 AM
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Automakers Renault, Nissan make cross-shareholdings equal
TOKYO (AP) — Nissan and Renault have changed their mutual cross-shareholdings equal at 15%, ironing out a source of conflict in the Japan-French auto alliance. Renault Group will transfer 28.
Jan 29, 2023 10:57 PM
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Alberta landowners fear repeat of orphan well crisis as renewable energy booms
CALGARY — Once bitten, twice shy. It's an old adage that explains why Jason Schneider, the elected reeve of Vulcan County, Alta., is jittery about the renewable energy boom under way in his province.
Jan 29, 2023 7:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Imperial Oil results Imperial Oil Ltd.
Jan 29, 2023 7:00 AM
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Inflation-focused Pierre Poilievre back to Parliament as health-care talks loom
OTTAWA — It's no secret what Pierre Poilievre thinks about government spending and inflation. Same with guns.
Jan 28, 2023 11:33 AM
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