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National Business
National Business
North American stock markets fall as new inflation data raises Fed expectations
TORONTO — North American stock markets continued to lose ground as hot new inflation data further raised expectations that central banks, including the U.S. Federal Reserve, will speed up their withdrawal of monetary stimulus. The U.S.
Dec 14, 2021 1:52 PM
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Trans Mountain pipeline back to full capacity in late January at 'earliest': exec
Trans Mountain's chief operating officer says the pipeline will likely return to full capacity in late January at "the earliest" as work continues after flood fallout that will cost tens of millions of dollars.
Dec 14, 2021 1:48 PM
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OJ Simpson a 'completely free man'; parole ends in Nevada
LAS VEGAS (AP) — O.J. Simpson is a free man. The 74-year-old former football hero and actor, acquitted California murder defendant and convicted Las Vegas armed robber was granted good behavior credits and discharged from parole effective Dec.
Dec 14, 2021 1:38 PM
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Canadian Pacific closes US$31-billion Kansas City Southern acquisition deal
CALGARY — Canadian Pacific Railway Ltd. has completed its acquisition of Kansas City Southern, paving the way for North America's only railroad that stretches across all three countries.
Dec 14, 2021 12:11 PM
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DoorDash brings delivery-based DashMart grocery and convenience stores to Canada
TORONTO — DoorDash has brought its delivery-based grocery and convenience stores that make sales solely through an app to Canada. The San Francisco, Calif.
Dec 14, 2021 9:17 AM
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Younger investors more likely to drop advisers, embrace DIY investing
TORONTO — Canadians are increasingly embracing do-it-yourself (DIY) investing, and younger investors appear to be more eager than others to go it alone. According to research firm Investor Economics, Canadians opened more than 2.
Dec 14, 2021 8:48 AM
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Cannabis company Hexo reports $116.9M Q1 loss, launches new strategic plan
Hexo Corp. says it lost $116.9 million in its first quarter as the cannabis company announced a new strategic plan meant to reduce costs, streamline its business and improve growth. The Gatineau, Que.
Dec 14, 2021 6:40 AM
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Wholesale inflation jumps record 9.6% over past 12 months
WASHINGTON (AP) — Prices at the wholesale level surged by a record 9.
Dec 14, 2021 6:11 AM
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Gasoline truck explodes in northern Haiti; dozens killed
PORT-AU-PRINCE, Haiti (AP) — A truck carrying gasoline exploded in northern Haiti, killing more than 50 people and injuring dozens of others in the latest disaster to hit a country whose troubles deepened greatly this year.
Dec 14, 2021 5:50 AM
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Retailer Roots reports $10.8M Q3 profit, up from $10.3M profit a year ago
TORONTO — Clothing retailer Roots Corp. says it earned $10.8 million in its latest quarter, up from a profit of $10.3 million in the same quarter a year earlier.
Dec 14, 2021 5:32 AM
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