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National Business
National Business
Canadian Pacific shareholders green-light purchase of Kansas City Southern
CALGARY — Canadian Pacific Railway Ltd. says shareholders have given a big thumbs-up to its deal to buy U.S. railway Kansas City Southern. CP says its stockholders voted 99.
Dec 8, 2021 9:24 AM
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US businesses advertised near-record 11 million open jobs
WASHINGTON (AP) — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Dec 8, 2021 7:50 AM
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Companies in race to develop sustainable jet fuel in face of climate crisis
CALGARY — When United Airlines flew a plane full of passengers from Chicago to Washington, D.C. on Dec. 1, it did it with one engine 100 per cent powered by fuel made from corn sugar. It was a historic first, according to the airline.
Dec 8, 2021 7:00 AM
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Cannabis company Tilray buys Breckenridge Distillery in move to grow U.S. business
TORONTO — Cannabis company Tilray Inc. says it has signed a deal to buy Breckenridge Distillery, a Colorado-based producer of whiskey and other spirits. Financial terms of the agreement were not immediately available.
Dec 8, 2021 6:52 AM
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Pfizer says COVID booster offers protection against omicron
Pfizer said Wednesday that a booster dose of its COVID-19 vaccine may offer important protection against the new omicron variant even though the initial two doses appear significantly less effective.
Dec 8, 2021 5:55 AM
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City honors nightclub where Ray Charles sang during Jim Crow
CLEMSON, S.C. (AP) — A South Carolina city is putting up a historical marker to commemorate a nightclub renowned for hosting Black musicians and patrons in the segregated South.
Dec 8, 2021 5:28 AM
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Mercedes F1 team and firm end deal opposed by fire survivors
LONDON (AP) — Building materials maker Kingspan said it had agreed with the Mercedes-AMG Petronas Formula One racing team to end a partnership deal after protests from the families of people who died in a high-rise fire in London.
Dec 8, 2021 5:16 AM
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Cdn. companies paying almost $500,000 on average to ransomware attackers: survey
TORONTO — Canadian companies hit by ransomware attacks pay almost half a million dollars on average to perpetrators, according to the results of a new survey.
Dec 8, 2021 5:00 AM
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Scholz replaces Merkel as German chancellor, opening new era
BERLIN (AP) — Center-left leader Olaf Scholz became Germany's ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure .
Dec 8, 2021 4:14 AM
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Small, medium-sized businesses gave women smaller raises than men in 2021: survey
TORONTO — The average salary increases given to men this year were nearly double the amounts received by women, a new survey has found.
Dec 8, 2021 3:00 AM
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