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National Business
National Business
Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month
WASHINGTON (AP) — U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation.
Jun 14, 2024 8:32 AM
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Statistics Canada reports wholesale sales up 2.4% in April
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 2.4 per cent to $83.3 billion in April.
Jun 14, 2024 6:36 AM
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Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April
OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment, primary metals and chemical products. The increase followed a decline of 1.8 per cent in March.
Jun 14, 2024 6:27 AM
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Pope Francis becomes the first pontiff to address the Group of Seven nations, talking about AI
BARI, Italy (AP) — Pope Francis became the first pontiff to address the Group of Seven nations on Friday, raising the promise and perils of artificial intelligence to the leaders of the world’s leading industrialized nations.
Jun 14, 2024 6:10 AM
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Elon Musk wins back his $44.9 billion Tesla pay package in shareholder vote
DETROIT (AP) — Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.
Jun 14, 2024 3:55 AM
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Ontario awarded nearly $1M in contracts for business case on moving science centre
TORONTO — Ontario awarded nearly $1 million in contracts to various companies to write a business case on moving the Ontario Science Centre to Ontario Place on Toronto's waterfront, The Canadian Press has learned.
Jun 14, 2024 1:00 AM
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B.C. politicians ask for audit of $3.86 billion North Shore water treatment plant
VANCOUVER — A group of local politicians from B.C.'s Lower Mainland are asking the provincial auditor general to investigate how the cost of a wastewater treatment plant could balloon to $3.86 billion.
Jun 13, 2024 7:07 PM
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Bank CEOs push back on MP calls to reduce oil and gas funding
The CEOs of Canada's five biggest banks stuck to the message that they're committed to help in the energy transition as they were questioned by a parliamentary committee Thursday about their impacts on climate change.
Jun 13, 2024 3:34 PM
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Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor
NEW YORK (AP) — President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as head of the Federal Deposit Insurance Corporation.
Jun 13, 2024 3:33 PM
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Uber says new B.C. rules will increase costs, Eby says companies can 'suck it up'
Uber said the changes would make the ride-share expense rate in B.C. 50 per cent higher than the comparable rate in California.
Jun 13, 2024 3:30 PM
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