Skip to content

National Business

Fed's Powell tests positive for COVID, has 'mild' symptoms

Fed's Powell tests positive for COVID, has 'mild' symptoms

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms," the Federal Reserve announced.
Read more >
Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps

Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps

TORONTO — When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates.
Read more >
Wholesale inflation in US slowed further in December to 6.2%

Wholesale inflation in US slowed further in December to 6.2%

WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.
Read more >
BDC leads US$50M funding round for Calgary-based lithium company

BDC leads US$50M funding round for Calgary-based lithium company

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Read more >
Qantas plane lands safely after mayday call made over ocean

Qantas plane lands safely after mayday call made over ocean

SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.
Read more >
Nobel winner Maria Ressa, news outlet cleared of tax evasion

Nobel winner Maria Ressa, news outlet cleared of tax evasion

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle c
Read more >
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,457.46, up 67.13): Toronto-Dominion Bank (TSX:TD). Financials. Up 85 cents, or 0.95 per cent, to $89.95 on 10.5 million shares.
Read more >
ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.
Read more >
S&P/TSX composite posts small gain, U.S. markets mixed

S&P/TSX composite posts small gain, U.S. markets mixed

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.
Read more >
Food inflation remains stubbornly high despite efforts to quell inflation

Food inflation remains stubbornly high despite efforts to quell inflation

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.
Read more >