National Business

Canada's main stock index ticked higher on Thursday, even as U.S. markets slid on continuing investor concerns about inflation and rising interest rates. In Toronto, the S&P/TSX composite index was up 17.68 points at 21,855.

PARIS (AP) — Films by David Cronenberg, Park Chan-wook and Kelly Reichardt will vie for the coveted Palme d'Or at a Cannes Film Festival set to unspool against the backdrop of the war in Ukraine.

TORONTO — Ontario’s cannabis distributor says the number of pot shop openings is still growing but at a slower pace than previously seen.

Toronto-Dominion Bank’s chief executive said Thursday that the corporate tax rate increase targeting financial institutions announced in last week’s federal budget "could lead to unintended consequences.

SACRAMENTO, Calif. (AP) — California wants electric vehicle sales to triple in the next four years to 35% of all new car purchases, an aggressive target set as part of the goal to phase out the sale of gas-powered cars by the middle of next decade.

Like many Canadians, Kevin Koudys managed to save a fair bit of money working from home during the pandemic. Not having to make the commute from Hamilton, Ont.

OTTAWA — Canadian manufacturing sales rose 4.2 per cent to $67.

WASHINGTON (AP) — The head of the International Monetary Fund warned Thursday that Russia's war against Ukraine was weakening the economic prospects for most of the world’s countries and called high inflation “a clear and present danger’’ to the glob

Ottawa plans to spend more than a half-billion dollars to fix supply chain issues, but experts say it falls far short of the kind of comprehensive strategy needed to address long-standing problems.

WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.