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National Business
National Business
Labor dispute stops Canadian freight railroads and could cause major economic disruption in US
TORONTO (AP) — Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S.
Aug 21, 2024 11:57 PM
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As rail shutdown looms, business groups warn of dire consequences unless feds step in
MONTREAL — Hours away from an unprecedented potential shutdown at the country's two biggest railways, business groups ratcheted up their pleas for Ottawa to step in and prevent a work stoppage that would upend supply chains — while the prime minister
Aug 21, 2024 6:52 PM
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Fears for traffic if rail stoppage halts B.C.'s West Coast Express
MAPLE RIDGE, B.C. — A city councillor in Maple Ridge, B.C., worries about the potential shut down of the Lower Mainland's major commuter train in the event of a national rail stoppage. Coun.
Aug 21, 2024 4:30 PM
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Newfoundland newspaper The Telegram reducing print run after Postmedia purchase
ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.
Aug 21, 2024 3:56 PM
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TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation
TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.
Aug 21, 2024 3:50 PM
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What to know about the potential work stoppage at Canada's two biggest railways
MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.
Aug 21, 2024 2:18 PM
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Divers find 5 bodies during search of superyacht wreckage after it sank off Sicily, 1 still missing
PORTICELLO, Sicily (AP) — Divers searching the wreck of a superyacht that sank off Sicily found the bodies of five passengers Wednesday, leaving one still missing as questions intensified about why the vessel sank so quickly when a nearby sailboat re
Aug 21, 2024 2:05 PM
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S&P/TSX composite rises Wednesday, U.S. stock markets also higher
TORONTO — Canada's main stock index rose on Wednesday, helped by strength in base metals and technology, while U.S.
Aug 21, 2024 1:47 PM
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Stock market today: Wall Street closes higher after Target and other retailers top profit forecasts
NEW YORK (AP) — U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%.
Aug 21, 2024 1:05 PM
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'Unacceptable': Business groups say rail stoppage would hit grain, groceries and more
An impending labour stoppage on Canada's two national railways has riled industry groups who worry consumers and businesses will be hit hard if goods ranging from grains to french fries to petrochemicals can't be moved. Canadian National Railway Co.
Aug 21, 2024 1:02 PM
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