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National Business
National Business
Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
Nov 30, 2023 6:05 PM
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Spectrum auction wraps, bringing more than $2.1 billion
OTTAWA — The federal government has announced the results of its latest spectrum auction offering telecommunications companies the chance to purchase chunks of mid-band wireless spectrum touted for being able to carry a lot of data over long distance
Nov 30, 2023 5:22 PM
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S&P/TSX composite gains more than 100 points Thursday, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 100 points Thursday, led by strength in financial, industrial and telecom stocks, while U.S. markets were mixed, led by a gain of almost 1.5 per cent on the Dow Jones.
Nov 30, 2023 5:07 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,236.29, up 120.09): Manulife Financial Corp. (TSX:MFC). Financials. Up 34 cents, or 1.30 per cent, to $26.58 on 19.7 million shares.
Nov 30, 2023 4:47 PM
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Ski-Doo maker BRP feels impact of slower consumer spending as profits, shares drop
MONTREAL — BRP Inc. saw its third-quarter profits tumble by half from a year earlier, triggering a stock price decline as the recreational vehicle maker felt the squeeze of sluggish consumer spending.
Nov 30, 2023 4:29 PM
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Stock market today: Wall Street closes out its best month in more than a year
NEW YORK — Stocks ended mostly higher on Wall Street and closed out November with big gains. The S&P 500 rose 0.4% Thursday. The index rose 8.9% in November, its biggest monthly gain in more than a year.
Nov 30, 2023 4:09 PM
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Netflix urges CRTC to recognize its existing contributions to Canadian broadcasting
Streaming giant Netflix says the CRTC should recognize the role it already plays in helping fund Canada's broadcasting industry and reject calls to mandate an additional payment from the company.
Nov 30, 2023 3:52 PM
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Banks report higher provisions for bad loans, focus on expenses as economy slows
TORONTO — Several Canadian banks on Thursday reported fourth-quarter results that showed rising funds set aside for bad loans, and a heavy focus on expense management, as they prepared for the expected slower economy ahead.
Nov 30, 2023 3:45 PM
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An appeals court reinstates gag order that barred Trump from maligning court staff in NY fraud trial
NEW YORK (AP) — A New York appeals court Thursday reinstated a gag order that barred Donald Trump from commenting about court personnel after the former president repeatedly disparaged a law clerk in his New York civil fraud trial .
Nov 30, 2023 2:05 PM
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Canadian economy shrank in Q3 but manages to 'keep its head above recession waters'
OTTAWA — The Canadian economy shrank in the third quarter as higher rates weighed on consumer and business spending, but has so far managed to skirt a recession after a significant upward revision to second quarter GDP figures.
Nov 30, 2023 12:40 PM
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