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National Business
National Business
BMO receives regulatory approval for Bank of the West acquisition
TORONTO — BMO Financial Group has secured the all-clear from U.S. regulators to close its US$16.3-billion takeover of California-based Bank of the West from BNP Paribas. The deal, expected to close on Feb.
Jan 18, 2023 9:59 AM
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Postmedia to move 12 Alberta papers to digital-only, will make layoffs
TORONTO — Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing and laying off workers.
Jan 18, 2023 9:00 AM
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MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions
MONTREAL — MTY Food Group Inc. has raised its quarterly dividend as the operator and franchisor of restaurants like Cold Stone Creamery, Manchu Wok and Thai Express continues its post-pandemic rebound.
Jan 18, 2023 8:55 AM
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Competition Bureau asked by Saskatoon chamber to investigate flights in Saskatchewan
SASKATOON — The Greater Saskatoon Chamber of Commerce is asking the federal competition regulator to investigate Air Canada's decision to end its flights between Saskatoon and Calgary and between Regina and Calgary.
Jan 18, 2023 8:33 AM
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Fed's Powell tests positive for COVID, has 'mild' symptoms
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms," the Federal Reserve announced.
Jan 18, 2023 7:46 AM
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Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps
TORONTO — When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates.
Jan 18, 2023 7:00 AM
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Wholesale inflation in US slowed further in December to 6.2%
WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.
Jan 18, 2023 6:44 AM
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Republicans, Democrats poised for battle as debt ceiling deadline looms Thursday
WASHINGTON — It's become a reliably consistent sideshow in U.S. congressional politics: Democrats and Republicans battling over a self-imposed limit on federal borrowing, a feud that often leads to standoffs and protracted government shutdowns.
Jan 18, 2023 1:00 AM
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BDC leads US$50M funding round for Calgary-based lithium company
CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Jan 18, 2023 1:00 AM
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Qantas plane lands safely after mayday call made over ocean
SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.
Jan 17, 2023 9:05 PM
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