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National Business
National Business
Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years
LOS ANGELES (AP) — A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest annual drop in 11 years. Existing home sales fell 3.
May 18, 2023 8:26 AM
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Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago
When Lightspeed Commerce Inc.'s chief executive surveys the months ahead, he sees it as "a year of two halves." "The first half of the year for us is going to be more costly, slower growth, but then the second half of the year for us...
May 18, 2023 8:12 AM
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Héroux-Devtek reports Q4 profit down from year ago, sales up
LONGUEUIL, Que. — Héroux-Devtek Inc. reported a fourth-quarter profit of $6.3 million, down from $11.5 million a year earlier as its sales climbed higher.
May 18, 2023 7:24 AM
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Teachers, parents share advice on whether and how to approach end-of-year gifts
TORONTO — In the fleeting days of the school year, some students will head to class with more than books, lunch and excitement for their impending summer off.
May 18, 2023 7:05 AM
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Fewer Americans apply for jobless benefits, labor market still showing strength
Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market.
May 18, 2023 5:42 AM
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ATS reports $29.6M Q4 profit, revenue up more than 20% from year ago
CAMBRIDGE, Ont. — ATS Corp. reported a fourth-quarter profit of $29.6 million, down from $39.9 million a year ago, as its revenue rose more than 20 per cent.
May 18, 2023 4:02 AM
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Russians could be disguising cash to evade Canadian sanctions, federal agency warns
OTTAWA — Canada's financial intelligence agency is warning that Russians subject to economic sanctions due to Moscow's attack on Ukraine could try to evade them using shell companies, cryptocurrency and real-estate transactions.
May 18, 2023 1:00 AM
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Montana says 1st-in-nation TikTok ban protects people. TikTok says it violates their rights
HELENA, Mont. (AP) — Montana became the first state in the U.S. to enact a complete ban on TikTok on Wednesday when Republican Gov.
May 17, 2023 4:58 PM
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Enbridge punches back on Line 5 challenge: 'Nothing but counterfactual speculation'
WASHINGTON — Michigan joined the Line 5 legal fray unfolding just across state lines Wednesday as lawyers for Enbridge Inc. and an Indigenous band prepared to square off over whether the controversial cross-border pipeline should be shut down.
May 17, 2023 2:27 PM
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WestJet CEO, pilots' union head clash over compensation as strike looms
MONTREAL — No sign of a breakthrough emerged in talks between WestJet and its pilots Wednesday, as the company's CEO deemed the union's expectations unrealistic while the Air Line Pilots Association slammed the airline for trying to 'publicly villain
May 17, 2023 2:15 PM
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