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National Business
Jobs cut as HBC establishes Saks Global after Neiman Marcus acquisition
TORONTO — Jobs are being cut as Hudson's Bay Co. spins out some of its brands into a new entity called Saks Global. A Saks Global spokesperson says operational functions from across the businesses are being brought under one leadership team.
Jul 25, 2024 8:35 PM
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TFI International reports lower profit, higher revenue in second quarter
MONTREAL — TFI International Inc. says it earned US$117.8 million in the second quarter, down from US$128.2 million a year earlier. The Montreal-based transportation and logistics company says revenues were US$2.26 billion, up from US$1.
Jul 25, 2024 4:54 PM
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S&P/TSX composite index moves lower Thursday, U.S. markets mixed
TORONTO — Canada's main stock index ticked lower Thursday, weighed down by losses in the industrial sector, while U.S. markets were mixed. A better-than-expected U.S.
Jul 25, 2024 4:53 PM
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Bombardier maintains annual guidance in Q2 results despite strike delays
MONTREAL — Bombardier Inc. is playing catch-up after a strike in early July but doesn't expect the 11 days of lost production to affect its annual guidance, the manufacturer said.
Jul 25, 2024 4:49 PM
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Video game performers will go on strike over artificial intelligence concerns
LOS ANGELES (AP) — Hollywood's video game performers voted to go on strike Thursday, throwing part of the entertainment industry into another work stoppage after talks for a new contract with major game studios broke down over artificial intelligence
Jul 25, 2024 4:41 PM
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Rail, phone, power services affected by Jasper wildfire
Critical infrastructure has been affected by the wildfires that have raged through Jasper National Park, Alta., and into the picturesque townsite itself. Telus Corp.
Jul 25, 2024 4:27 PM
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Stock market today: The smallest stocks rally, but losses for Big Tech pull Nasdaq and S&P 500 lower
NEW YORK (AP) — Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose up while superstar Big Tech stocks gave back more of their huge gains.
Jul 25, 2024 4:11 PM
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B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses
PENTICTON — The B.C. government says wineries can import grapes and juice to make their 2024 vintages after "devastating" losses this winter. The province says allowing winemakers to import grapes from outside B.C.
Jul 25, 2024 3:58 PM
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90% of B.C. communities adopt province's plans for more small-scale housing
VANCOUVER — Almost all British Columbia communities have adopted the provincial government's plan to tackle the housing crisis by allowing more multi-unit homes on properties.
Jul 25, 2024 3:53 PM
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Vast majority of Greater Toronto new condo investors losing money every month: report
TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.
Jul 25, 2024 3:52 PM
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