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Hudson's Bay owner makes US$340 million from North American real estate sales

Hudson's Bay owner makes US$340 million from North American real estate sales

NEW YORK — The company that owns Hudson's Bay says it completed real estate transactions in Canada and the U.S. resulting in a gain of around US$340 million.
Montreal airport moves to reduce car congestion after traffic backups

Montreal airport moves to reduce car congestion after traffic backups

MONTREAL — The authority overseeing the Montreal airport has announced measures to reduce congestion after a surge in car traffic over the summer prompted a wave of frustration among passengers trying to make their gate on time.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,113.96, up 3.99 points): Manulife Financial Corp. (TSX:MFC). Finance. Down four cents, or 0.15 per cent, to $26.09 on 14.
TSX ekes out gain as energy weighs on index, while U.S. markets rise

TSX ekes out gain as energy weighs on index, while U.S. markets rise

TORONTO — Canada's main stock index eked out a gain on Wednesday as losses in the energy sector weighed on the index, while U.S. markets rose. The S&P/TSX composite index closed up 3.99 points at 20,113.96.
'Ready to do business': Indigenomics CEO says Indigenous economy could hit $100B

'Ready to do business': Indigenomics CEO says Indigenous economy could hit $100B

TORONTO — The organizer of an Indigenous business conference in Toronto says her goal is to establish the undeniable economic power of Indigenous peoples.
Stock market today: Wall Street ends higher ahead of Thanksgiving holiday in the US

Stock market today: Wall Street ends higher ahead of Thanksgiving holiday in the US

NEW YORK — Stocks closed higher on Wall Street, keeping the market on track for a fourth straight weekly gain. The S&P 500 rose 0.4% Wednesday, the Dow added 184 points, and the Nasdaq composite rose 0.5%.
OpenAI brings back Sam Altman as CEO just days after his firing unleashed chaos

OpenAI brings back Sam Altman as CEO just days after his firing unleashed chaos

The ousted leader of ChatGPT maker OpenAI will return to the company that fired him just days ago, concluding a short but chaotic power struggle that shocked the tech industry and underscored the conflicts around how to safely build artificial intell
Federal government's new fiscal guardrails 'helpful' for monetary policy: Macklem

Federal government's new fiscal guardrails 'helpful' for monetary policy: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem says the federal government's new fiscal guardrails unveiled in its fall economic statement are helpful for monetary policy.
Cineplex selling Player One Amusement Group business for $155 million

Cineplex selling Player One Amusement Group business for $155 million

TORONTO — Cineplex Inc. is selling its arcade game business to an international investment company for $155 million in cash.
U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency

U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates.