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National Business

Yellowknife pub heads to trial to fight fine for breaking COVID-19 rules

Yellowknife pub heads to trial to fight fine for breaking COVID-19 rules

YELLOWKNIFE — The owners of a Yellowknife pub headed to trial Thursday to fight a charge of violating Northwest Territories COVID-19 public health orders. Public health officers issued a ticket to The Monkey Tree Pub in December 2020.
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Judge delays Twitter trial, gives Musk time to seal buyout

Judge delays Twitter trial, gives Musk time to seal buyout

NEW YORK — A judge has delayed a looming trial between Twitter and Elon Musk, giving the Tesla CEO more time to close his $44 billion deal to buy the company after months spent fighting to get out of it.
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Biden offers pardons for pot possession, signals deeper reform for U.S. cannabis laws

Biden offers pardons for pot possession, signals deeper reform for U.S. cannabis laws

WASHINGTON — President Joe Biden is pardoning people convicted under federal law of possessing marijuana — and signalling that he's willing to revisit whether cannabis should remain a controlled substance in the United States.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,979.01, down 256.08 points): Suncor Energy Inc. (TSX:SU). Energy. Up 88 cents, or 1.99 per cent, to $45.11 on 11.6 million shares.
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Stocks close lower again on Wall Street, still up for week

Stocks close lower again on Wall Street, still up for week

NEW YORK — A choppy day of trading ended with stocks broadly lower on Wall Street Thursday, though indexes have managed to hold onto most of their sizeable gains from a big rally at the start of the week.
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Corporate sponsors cut ties with Hockey Canada as scandal deepens

Corporate sponsors cut ties with Hockey Canada as scandal deepens

Titans of corporate Canada are cutting ties with Hockey Canada as the fallout from the sporting organization's mishandling of alleged sexual assaults deepens.
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S&P/TSX composite ends down more than 200 points, U.S. markets also lower

S&P/TSX composite ends down more than 200 points, U.S. markets also lower

TORONTO — Canada's main stock index ended down along with U.S. markets as central bank leaders emphasize the need to raise rates, while oil prices and energy stocks rose in reaction to news of production cuts by OPEC plus.
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In a first, Netflix's 'Glass Onion' to play in major chains

In a first, Netflix's 'Glass Onion' to play in major chains

NEW YORK (AP) — For the first time, the major U.S. theater chains will play a Netflix release after exhibitors and the streaming service reached a deal for a nationwide sneak-peak run of Rian Johnson's “Glass Onion: A Knives Out Mystery.
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TD expects steeper home price drop in early 2023 than initial forecast

TD expects steeper home price drop in early 2023 than initial forecast

TORONTO — TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year.
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MPs unanimously vote to temporarily double GST rebate for lower-income Canadians

MPs unanimously vote to temporarily double GST rebate for lower-income Canadians

OTTAWA — MPs unanimously passed legislation today to temporarily double GST rebates to help low- and modest-income Canadians, and the bill will now be sent to the Senate.
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