Skip to content
Join our Newsletter

National Business

US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection

US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection

WASHINGTON (AP) — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged.
Slightly fewer number of Americans apply for jobless benefits as layoffs remain rare

Slightly fewer number of Americans apply for jobless benefits as layoffs remain rare

U.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in eight months the previous week, as the labor market continues to defy the Federal Reserve's interest rate hikes meant to cool it.
Man wanted in killing of Baltimore tech entrepreneur arrested, police say

Man wanted in killing of Baltimore tech entrepreneur arrested, police say

BALTIMORE (AP) — A man wanted in the killing of a Baltimore tech entrepreneur has been arrested, police said early Thursday.
Canadian economy to get 'back on its feet' next year, Deloitte Canada says

Canadian economy to get 'back on its feet' next year, Deloitte Canada says

TORONTO — Canada's near-term economic struggles will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said. A better-than-expected U.S.
Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

HONG KONG (AP) — Share trading of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.
Hajdu says 'co-developed' First Nations water legislation to be tabled this fall

Hajdu says 'co-developed' First Nations water legislation to be tabled this fall

OTTAWA — Indigenous Services Minister Patty Hajdu says she hopes to table a piece of legislation this fall that she says is the closest the federal government has come to co-developing law with First Nations.
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 (19,435.98, down 120.17): Canadian Natural Resources Limited. (TSX:CNQ). Energy. Up $1.99, or 2.28 per cent, to $89.10 on 18.
Lululemon strikes five-year partnership with Peloton for content, apparel

Lululemon strikes five-year partnership with Peloton for content, apparel

VANCOUVER — Lululemon Athletica Inc. says it has struck a five-year partnership with Peloton Interactive Inc.
What we know about the company linked to the E.coli outbreak at Calgary daycares

What we know about the company linked to the E.coli outbreak at Calgary daycares

CALGARY — Health officials say the source of an E. coli outbreak at several Calgary daycares, declared Sept. 4, was most likely meat loaf and vegan loaf served from a shared kitchen.
Ottawa rolls out voluntary code of conduct for AI as 'fear' persists over its use

Ottawa rolls out voluntary code of conduct for AI as 'fear' persists over its use

MONTREAL — Some big players in Canada's technology sector have signed on to a voluntary code of conduct for generative AI announced by the federal government Wednesday as anxiety persists over its proliferation and pace of development.