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National Business
National Business
Grocer Empire reports Q1 profit and sales up from year ago
STELLARTON, N.S. — Empire Co. Ltd. earned $261.0 million in its latest quarter, up from $187.5 million in the same quarter last year, boosted by the sale of its 56 gas stations in Western Canada to Shell Canada, the grocer said Thursday.
Sep 14, 2023 10:41 AM
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Major life insurers taking steps, but falling short on climate action: report
TORONTO — A new report from an advocacy group finds two of Canada's biggest insurers are taking steps toward climate action, but still have a ways to go. The report from Investors for Paris Compliance says climate action from Sun Life Financial Inc.
Sep 14, 2023 9:49 AM
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Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B
Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. WT Microelectronics Co.
Sep 14, 2023 9:26 AM
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Retail sales rise 0.6% in August largely due to a spike in gas prices
NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.
Sep 14, 2023 9:14 AM
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U.S. benchmark oil price tops US$90 a barrel for first time since November 2022
TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.
Sep 14, 2023 8:51 AM
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Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk
BRUSSELS (AP) — Kosovo and Serbia on Thursday failed yet again to make progress in talks aimed at improving their long-strained relations , and the European Union’s top diplomat warned that the lack of progress could hurt their hopes of joining the b
Sep 14, 2023 8:40 AM
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Laurentian Bank shares fall as it concludes review without deal to sell
MONTREAL — Shares of Laurentian Bank were down more than 10 per cent in morning trading after it announced it had completed its review of strategic options without a deal to sell the bank.
Sep 14, 2023 8:30 AM
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Wholesale sales excluding petroleum products and oilseeds and grains up in July
OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, grew 0.2 per cent to $81.3 billion in July.
Sep 14, 2023 8:14 AM
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'One family, one lawyer' model promises to save divorcing couples time and money
Edmonton lawyer Melissa Bourgeois had been practicing family law for more than a decade when she had what she calls her "lightbulb moment.
Sep 14, 2023 7:00 AM
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Stranded luxury cruise ship MV Ocean Explorer has been pulled free at high tide in Greenland
COPENHAGEN, Denmark (AP) — The luxury cruise ship MV Ocean Explorer was “successfully” pulled free in Greenland on Thursday, three days after running aground with 206 people on board, authorities and the ship's owner said.
Sep 14, 2023 6:24 AM
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