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National Business
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'Perfect storm' causing constant delays at Air Canada, despite windfall profits: CEO
MONTREAL — A "perfect storm" of problems lies behind Air Canada's wave of flight delays over the summer, its CEO said, even as the country's largest airline roars back to profitability — with no sign of slowing down.
Aug 11, 2023 1:03 PM
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Rent hit a new high in July as students prepped for school, buyers sidelined: report
TORONTO — Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history. Data from Rentals.
Aug 11, 2023 12:10 PM
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Dairy industry woes push Saputo to revise earnings forecast
MONTREAL — Saputo Inc. has pushed back the target date to reach its earnings forecast amid flagging consumer demand for milk products across the globe.
Aug 11, 2023 10:23 AM
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Illinois Supreme Court upholds state's ban on semiautomatic weapons
SPRINGFIELD, Ill. (AP) — The Illinois Supreme Court has upheld the state's ban on the sale or possession of the type of semiautomatic weapons used in hundreds of mass killings nationally .
Aug 11, 2023 7:42 AM
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Wholesale inflation in US edged up in July from low levels
WASHINGTON (AP) — Wholesale prices in the United States picked up in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022.
Aug 11, 2023 7:35 AM
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UBS ends billions in taxpayer-funded support that paved way for Credit Suisse takeover
GENEVA (AP) — Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country's largest bank, take over its ailing rival Credit Suisse .
Aug 11, 2023 5:53 AM
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Two rival robotaxi services win approval to operate throughout San Francisco despite safety concerns
SAN FRANCISCO (AP) — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops and
Aug 10, 2023 7:33 PM
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Canadian on Maui says 'firestorm' engulfed town, as death toll rises to 53
A Vancouver man who lives part time on the Hawaiian island of Maui has described how an enormous "firestorm" engulfed the town of Lahaina, where at least 53 people were killed by the devastating blaze.
Aug 10, 2023 4:49 PM
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A rocket with a lunar landing craft blasts off on Russia’s first moon mission in nearly 50 years
TALLINN, Estonia (AP) — A rocket carrying a lunar landing craft blasted off Friday on Russia’s first moon mission in nearly 50 years, racing to land on Earth’s satellite ahead of an Indian spacecraft.
Aug 10, 2023 4:45 PM
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Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings
Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business.
Aug 10, 2023 4:36 PM
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