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US applications for jobless benefits rise, but layoffs remain at historically low levels

US applications for jobless benefits rise, but layoffs remain at historically low levels

More Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors.
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Man sentenced to death for arson attack at Japanese anime studio that killed 36

Man sentenced to death for arson attack at Japanese anime studio that killed 36

TOKYO (AP) — A Japanese court sentenced a man to death after finding him guilty of murder and other crimes Thursday for carrying out an arson attack on an anime studio in Kyoto that killed 36 people.
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Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes

Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes

JERUSALEM (AP) — A liquor store has opened in Saudi Arabia for the first time in over 70 years, a diplomat reported Wednesday, a further socially liberalizing step in the once-ultraconservative kingdom that is home to the holiest sites in Islam.
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Some Netflix subscribers face price hike as no-ads basic plan ends in Canada

Some Netflix subscribers face price hike as no-ads basic plan ends in Canada

TORONTO — Netflix is putting the final stake in its cheapest, ad-free "basic" plan in Canada. After announcing last year that it would no longer offer the $9.
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Bad Boy Furniture Warehouse fails to file proposal, is deemed bankrupt

Bad Boy Furniture Warehouse fails to file proposal, is deemed bankrupt

Toronto-area furniture retailer Bad Boy Furniture Warehouse Ltd. is officially bankrupt. In November, the company filed a notice of intention under the Bankruptcy and Insolvency Act, saying it aimed to restructure its business.
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Quebec environmental group seeks court injunction against Northvolt EV battery plant

Quebec environmental group seeks court injunction against Northvolt EV battery plant

MONTREAL — A Quebec environmental group was in court Wednesday against Swedish manufacturer Northvolt, arguing that the province allowed work to begin on the company's electric vehicle battery plant without proper analysis of the impact on the area's
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Parkland temporarily shuts down Burnaby refinery after Jan. 21 smoke, odour

Parkland temporarily shuts down Burnaby refinery after Jan. 21 smoke, odour

VANCOUVER — Parkland Corp. says it has temporarily shut down fuel processing at its Burnaby, B.C. refinery.
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Businesses transitioning to electric fleets need to take careful consideration

Businesses transitioning to electric fleets need to take careful consideration

TORONTO — Some businesses in Canada are embarking on a journey to transition their vehicle fleets to meet zero-emissions goals, but experts say the road ahead isn't going to be easy.
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Most actively traded companies on the Toronto Stock Exchange

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 (21,025.78, down 8.81 points): Royal Bank of Canada. (TSX:RY). Finance. Down $1.40, or 1.05 per cent, to $132.34 on 20.
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S&P/TSX composite essentially flat after interest rate hold, U.S. markets mixed

S&P/TSX composite essentially flat after interest rate hold, U.S. markets mixed

TORONTO — Canada's main stock index was essentially flat Wednesday despite strength in energy stocks after the Bank of Canada held its overnight rate steady, while U.S. markets ended on a mixed note after softening throughout the afternoon.
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