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National Business
National Business
Hudson's Bay says 8,300 workers to be out of a job by June: court docs
TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.
May 27, 2025 9:22 AM
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InterRent REIT agrees to offer from executive chair, sovereign wealth fund
OTTAWA — InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion.
May 27, 2025 9:20 AM
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases
President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
May 27, 2025 9:13 AM
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases
President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
May 27, 2025 9:06 AM
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Equifax report says 1.4M consumers missed a credit payment in Q1
There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
May 27, 2025 8:55 AM
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N.S.'s Lebanese entrepreneurs build a national presence, as shawarma leads the way
HALIFAX — At a Mezza Lebanese Kitchen restaurant, Tony Nahas demonstrates slicing from a spit of roasting chicken much as his father did — with a razor-sharp knife dropping the aromatic meat from grill to gathering tray.
May 27, 2025 8:42 AM
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US consumer confidence rebounds after five straight months of declines amid tariff anxiety
WASHINGTON (AP) — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Don
May 27, 2025 8:06 AM
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Canada faces 'massive challenge' as NATO eyes new 5% spending target: expert
OTTAWA — When representatives of NATO nations meet in The Hague late next month, they're expected to dramatically hike the alliance's defence spending target for members — the one Canada is failing to hit already.
May 27, 2025 7:00 AM
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Ready to buy a home? What experts say many buyers forget to consider first
A down payment is a big step for homebuyers, but definitely not the only one. As a realtor in the Halifax market, Sandra Pike estimates less than half of buyers she sees are actually ready to buy a home.
May 27, 2025 7:00 AM
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Stephen Hayes Dacus becomes first foreign CEO of 7-Eleven in Japan
TOKYO (AP) — Stephen Hayes Dacus was approved Tuesday to be the new chief executive of the operator of 7-Eleven, the first foreigner to lead the Japanese convenience store chain.
May 27, 2025 5:51 AM
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