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National Business
National Business
New Brunswick government extends Campobello ferry service to address COVID concerns
FREDERICTON — New Brunswick is extending ferry service to Campobello Island until Feb. 7 to address residents' concerns about the COVID-19 pandemic.
Jan 8, 2021 2:03 PM
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US consumer credit up 4.4% in November, best in 5 months
WASHINGTON — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
Jan 8, 2021 1:56 PM
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Deutsche Bank to pay $130 million to avoid bribery charge
NEW YORK — Deutsche Bank agreed Friday to pay fines and penalties of about $130 million to avoid a criminal prosecution on charges it participated in a foreign bribery scheme to win business in Saudi Arabia.
Jan 8, 2021 1:25 PM
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Canadian economy lost 63,000 jobs in Dec., first decline since April
OTTAWA — Canada posted its first monthly decline in jobs since April amid tightened public health restrictions in December, and economists warn the losses are likely to continue as the number of new COVID-19 cases continue to rise.
Jan 8, 2021 11:37 AM
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UK investigates Google's plan to revamp Chrome browser
LONDON — Britain's competition watchdog said Friday it launched an investigation into Google's plan to overhaul its ad data system over worries it could leave even less room for rivals in the online ad industry.
Jan 8, 2021 11:22 AM
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New campaign, and logo, for GM in a bid to electrify image
DETROIT — General Motors is changing its corporate logo and launching an electric vehicle marketing campaign to reshape its image as clean vehicle company, rather than a builder of gas-powered pickups and SUVs.
Jan 8, 2021 11:21 AM
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Laurentian Bank names Yvan Deschamps new chief financial officer
MONTREAL — Laurentian Bank says chief financial officer Francois Laurin is retiring and will be replaced by Yvan Deschamps in April.
Jan 8, 2021 9:57 AM
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Domtar exits diaper business after nearly a decade with sale for US$920 million
Domtar Corp. is selling its diaper and adult incontinence business for US$920 million, nearly a decade after adding the new line of products to offset declining paper sales.
Jan 8, 2021 9:42 AM
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WestJet puts 1,000 workers on leave, citing government's 'Incoherent' policy
The CEO of WestJet Airlines Ltd. is laying the blame squarely on "incoherent" policy from Ottawa as his carrier cuts staff and flights in response to new COVID-19 testing requirements for passengers returning to Canada.
Jan 8, 2021 8:15 AM
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Here's a quick glance at unemployment rates for December, by Canadian city
OTTAWA — The national unemployment rate was 8.6 per cent in December. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Jan 8, 2021 5:50 AM
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