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National Business
National Business
North American markets end trading day in positive territory
TORONTO — Canada's main stock exchange ended the trading day up over 200 points, with U.S. stock markets closing in positive territory as well, as momentum continued following a three-quarters of a percentage point rate hike out of the U.S.
Jul 28, 2022 2:37 PM
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1st Trader Joe's union approved at Massachusetts store
Employees at a Trader Joe’s supermarket in Massachusetts on Thursday became the latest workers at a major company to approve a labor union.
Jul 28, 2022 2:03 PM
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Cost of Coastal GasLink pipeline leaps 70% to $11.2B as TC Energy settles dispute
The projected cost of the contentious Coastal GasLink pipeline spanning northern British Columbia has jumped 70 per cent to $11.2 billion in the wake of a freshly inked deal between operator TC Energy Corp.
Jul 28, 2022 12:53 PM
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Congress OKs bill to aid computer chip firms, counter China
WASHINGTON (AP) — The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely
Jul 28, 2022 12:13 PM
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US economy shrinks for a 2nd quarter, raising recession fear
WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
Jul 28, 2022 12:07 PM
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CP Rail bullish on 2022 ahead of sturdy grain crop, and despite sky-high fuel costs
Canadian Pacific Railway Ltd. struck a confident stance for the coming year after seeing some earnings dip in its latest quarter thanks to a dismal grain crop in 2021 and soaring fuel costs since February.
Jul 28, 2022 11:33 AM
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Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit
CALGARY — Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been "manageable" for the energy company so far, but is something he is certainly keeping an eye on.
Jul 28, 2022 10:27 AM
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Help wanted: After pandemic pivots, where have Canadian workers gone?
Restaurants, airlines, schools and nursing homes are at the sharp end of a labour crunch that’s afflicted employers all year long. In June,the unemployment rate fell to a record low of 4.
Jul 28, 2022 10:21 AM
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Biden calls deal with Manchin 'godsend' for US families
WASHINGTON (AP) — President Joe Biden declared his support Thursday for the “historic” inflation-fighting agreement struck by Senate Majority Leader Chuck Schumer and holdout Democratic Sen.
Jul 28, 2022 10:20 AM
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PBS series, AP detail toll of Russian invasion of Ukraine
LOS ANGELES (AP) — Two documentaries detailing the punishing effects of Russia's war on Ukraine will air on PBS' “Frontline” investigative series.
Jul 28, 2022 9:53 AM
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