Skip to content

National Business

Is Enron back? If it's a joke, some former employees aren't laughing

Is Enron back? If it's a joke, some former employees aren't laughing

HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.
Read more >
Nearly 30% of US drugstores closed in one decade, study shows

Nearly 30% of US drugstores closed in one decade, study shows

Nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021, new research shows.
Read more >
Scotiabank reports Q4 profit up despite continued loan pressure

Scotiabank reports Q4 profit up despite continued loan pressure

TORONTO — Scotiabank says it expects to see continued loan growth pressure and political uncertainty in the months ahead as it reported profits that were up from a year ago but below analyst expectations.
Read more >
Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

NEW YORK (AP) — U.S. stocks drifted to a mixed close, as gains for tech stocks nudged the S&P 500 and the Nasdaq to more records. The S&P 500 eked out a gain of under 0.1% Tuesday, while the Nasdaq composite rose 0.4%.
Read more >
Auditor general slams Ontario Place redevelopment process as unfair, subjective

Auditor general slams Ontario Place redevelopment process as unfair, subjective

TORONTO — A European company developing a spa and waterpark at Ontario Place got special access to provincial executives during a submission process that was not fair or transparent, Ontario's auditor general said Tuesday in her annual report.
Read more >
Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

OTTAWA — Foreign Affairs Minister Mélanie Joly is not escalating a war of words with Mexico, after the Mexican president criticized Canada's culture and its framing of border issues.
Read more >
US job openings rose last month, though hiring slowed, in mixed picture for labor market

US job openings rose last month, though hiring slowed, in mixed picture for labor market

WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Read more >
Ontario spent highest-ever amount on government ads, auditor says

Ontario spent highest-ever amount on government ads, auditor says

TORONTO — Ontario Premier Doug Ford's government spent three times the amount of money on government advertising in the last fiscal year as it did the year before – the highest amount ever – and most campaigns were more partisan than informational, t
Read more >
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

HARRISBURG, Pa. (AP) — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.
Read more >
Liberal minister says Trump was joking when he suggested Canada become 51st state

Liberal minister says Trump was joking when he suggested Canada become 51st state

OTTAWA — President-elect Donald Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Prime Minister Justin Trudeau in Florida on Friday, said a Liberal minister who attended the meeting.
Read more >