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National Business
Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases
WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late Sep
Aug 31, 2023 10:47 AM
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US applications for jobless claims inch back down as companies hold on to their employees
U.S. applications for unemployment benefits fell slightly last week as companies held on to employees in an economy that has largely withstood rapidly rising interest rates, intended to cool hiring and spending, for more than a year.
Aug 31, 2023 8:52 AM
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MDA signs deal to buy digital payload division of SatixFy Communications
BRAMPTON, Ont. — MDA Ltd. has signed an agreement to buy the digital payload division of SatixFy Communications Ltd. in a deal valued at US$40 million. MDA chief executive Mike Greenley says the deal for SatixFy Space Systems UK Ltd.
Aug 31, 2023 8:24 AM
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Tidewater signs deal to sell Pipestone and Dimsdale assets to AltaGas for $650M
CALGARY — Tidewater Midstream and Infrastructure Ltd. has signed a deal to sell its Pipestone natural gas plant and expansion project as well as its Dimsdale natural gas storage facility to AltaGas Ltd. for $650 million in cash and shares.
Aug 31, 2023 7:56 AM
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Tesla is allowing no-hands driving with Autopilot for longer periods. US regulators have questions
DETROIT (AP) — Tesla is allowing some drivers to use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. safety regulators.
Aug 30, 2023 8:49 PM
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Millions more workers would be entitled to overtime pay under a proposed Biden administration rule
NEW YORK (AP) — The Biden administration proposed a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, the most generous such increase in decades.
Aug 30, 2023 6:08 PM
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Air Canada slashing routes out of Calgary in face of ongoing pilot shortage
CALGARY — Air Canada is slashing six major routes out of Calgary this winter, in part due to an industry-wide pilot shortage that the carrier says threatens its "overall operational stability.
Aug 30, 2023 5:28 PM
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N.B. forest strategy lauded for conservation, criticized for lack of tree diversity
FREDERICTON — For the first time, the New Brunswick government is considering the risks of climate change in its long-term forest-management strategy, but critics say the province's interests are still too weighted in favour of industry over environm
Aug 30, 2023 5:14 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,330.32, up 39.91 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up five cents, or 9.09 per cent, to 60 cents on 10.
Aug 30, 2023 4:49 PM
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S&P/TSX composite ticks higher on energy, tech and metals, U.S. markets also rise
TORONTO — Strength in energy, technology and battery metals stocks helped Canada's main stock index tick higher Wednesday, while U.S. stock markets also rose.
Aug 30, 2023 4:39 PM
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