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National Business
National Business
CRTC posts independent report on Rogers outage, says company made necessary changes
An independent report into the 2022 Rogers outage says the company lacked several protections and redundancies that could have either prevented the outage or ended it sooner.
Jul 5, 2024 2:11 PM
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'Saddled up': Calgarians put water crisis aside for fun at Stampede
CALGARY — Calgary residents took a break from their water woes Friday, lining up six-deep downtown to watch the parade launching the annual summer Stampede festival. “I’m saddled up,” said Rita Freese, with her grandson beside her.
Jul 5, 2024 2:06 PM
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S&P/TSX composite down Friday, U.S. markets reach new records
TORONTO — Losses in the energy sector led Canada's main stock index lower on Friday, while U.S. stock markets rose to new records. Both Canada and the U.S.
Jul 5, 2024 1:46 PM
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Canadian banking regulator delays increase in capital rules by one year
OTTAWA — Canada's banking regulator says it has delayed by a year a rule change established by international banking standards.
Jul 5, 2024 1:09 PM
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Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts
NEW YORK (AP) — U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier. The S&P 500 climbed 0.
Jul 5, 2024 1:07 PM
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LCBO stores closed for 2 weeks as workers strike, oppose plan to open up booze market
TORONTO — Workers for Ontario's main liquor retailer, who say the government's plan to open up the alcohol market poses an existential threat to their jobs, are now on strike, with stores expected to stay closed for at least 14 days.
Jul 5, 2024 1:06 PM
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‘It’s been hell’: Customers frustrated over treatment by WestJet during strike
Travellers expressed frustration this week over WestJet's response after the airline cancelled more than 1,200 flights due to a strike by plane mechanics, leading advocates to accuse it of breaching consumer protection rules.
Jul 5, 2024 12:51 PM
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HBC should apply learnings from new Saks Global company to the Bay: experts
TORONTO — When Liza Amlani visited Hudson's Bay Co.'s flagship Toronto store last week, she was quickly taken aback by the scene.
Jul 5, 2024 12:03 PM
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Foreign streaming services challenge requirement to pay into fund for Canadian news
Global streaming services such as Netflix and Disney Plus are challenging a regulatory directive under the Online Streaming Act to contribute money to Canada's broadcast sector, including for local news.
Jul 5, 2024 11:20 AM
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Texas officials urge coastal residents to prepare as Beryl moves toward the Gulf of Mexico
TULUM, Mexico (AP) — Texas officials are urging coastal residents to prepare as Beryl moves toward the Gulf of Mexico after leaving a trail of destruction that has killed at least 11 people.
Jul 5, 2024 11:19 AM
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