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National Business
National Business
Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts
NEW YORK (AP) — U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier. The S&P 500 climbed 0.
Jul 5, 2024 1:07 PM
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LCBO stores closed for 2 weeks as workers strike, oppose plan to open up booze market
TORONTO — Workers for Ontario's main liquor retailer, who say the government's plan to open up the alcohol market poses an existential threat to their jobs, are now on strike, with stores expected to stay closed for at least 14 days.
Jul 5, 2024 1:06 PM
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‘It’s been hell’: Customers frustrated over treatment by WestJet during strike
Travellers expressed frustration this week over WestJet's response after the airline cancelled more than 1,200 flights due to a strike by plane mechanics, leading advocates to accuse it of breaching consumer protection rules.
Jul 5, 2024 12:51 PM
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HBC should apply learnings from new Saks Global company to the Bay: experts
TORONTO — When Liza Amlani visited Hudson's Bay Co.'s flagship Toronto store last week, she was quickly taken aback by the scene.
Jul 5, 2024 12:03 PM
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Foreign streaming services challenge requirement to pay into fund for Canadian news
Global streaming services such as Netflix and Disney Plus are challenging a regulatory directive under the Online Streaming Act to contribute money to Canada's broadcast sector, including for local news.
Jul 5, 2024 11:20 AM
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Texas officials urge coastal residents to prepare as Beryl moves toward the Gulf of Mexico
TULUM, Mexico (AP) — Texas officials are urging coastal residents to prepare as Beryl moves toward the Gulf of Mexico after leaving a trail of destruction that has killed at least 11 people.
Jul 5, 2024 11:19 AM
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Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade
VICTORIA — British Columbia's power provider is planning to spend more than $3 billion on capital projects to upgrade and expand the electricity grid on Vancouver Island.
Jul 5, 2024 10:45 AM
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New UK prime minister Keir Starmer vows to heal wounds of distrust after Labour landslide
LONDON (AP) — Britain's new prime minister, Keir Starmer, vowed Friday to reverse the hopelessness that grew over 14 years of Conservative rule and said he would lead an urgent mission of national renewal after his Labour Party’s landslide victory.
Jul 5, 2024 10:37 AM
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Federal Reserve highlights its political independence as presidential campaign heats up
WASHINGTON (AP) — The Federal Reserve is highlighting the importance of its political independence at a time when Donald Trump, who frequently attacked the Fed's policymaking in the past, edges closer to formally becoming the Republican nominee for p
Jul 5, 2024 10:10 AM
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Rail cars carrying hazardous material derail and catch fire in North Dakota
Rail cars carrying hazardous material derailed and burst into flames Friday in a remote area of North Dakota, but officials said no one was hurt and the threat to those living nearby appeared to be minimal.
Jul 5, 2024 10:07 AM
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