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National Business
National Business
Economy looks to have posted weak rebound in Q3 with global headwinds set to worsen
OTTAWA — The Canadian economy appears to have rebounded in the third quarter after it stumbled and contracted during the preceding three-month stretch.. Statistics Canada's initial estimate suggests the economy grew at an annual rate of 1.
Oct 29, 2021 3:38 PM
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FDA paves way for Pfizer COVID-19 vaccinations in young kids
WASHINGTON (AP) — The Food and Drug Administration on Friday paved the way for children ages 5 to 11 to get Pfizer's COVID-19 vaccine.
Oct 29, 2021 3:38 PM
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Real estate board reports Metro Vancouver's Q2 commercial sales strongest since 2017
VANCOUVER — The Real Estate Board of Greater Vancouver says commercial real estate sales remained strong through the second quarter of this year, reaching levels not seen since 2017.
Oct 29, 2021 2:05 PM
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US consumer spending up a modest 0.6% with inflation high
WASHINGTON (AP) — American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign for an economy that remains in the grip of a pandemic and a prolonged bout of high inflation.
Oct 29, 2021 1:36 PM
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Prosecutors urge prison for Michael Avenatti in Nike case
NEW YORK (AP) — New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.
Oct 29, 2021 12:35 PM
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Federal deficit hits $57 billion nearing halfway of fiscal year
OTTAWA — The federal government ran a deficit of more than $57 billion over the first five months of its fiscal year, about $114 billion less than the treasury pumped out during the same stretch one year earlier.
Oct 29, 2021 11:31 AM
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Baldwin shooting highlights risks of rushed film production
NEW YORK (AP) — The fatal shooting by Alec Baldwin on a movie set has put a microscope on an often-unseen corner of the film industry where critics say the pursuit of profit can lead to unsafe working conditions.
Oct 29, 2021 11:00 AM
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Dorel to pay tax charge after Luxembourg Administrative Court ruling
MONTREAL — Dorel Industries Inc. says the Luxembourg Administrative Court has confirmed a tribunal ruling that one of Dorel’s subsidiaries owes US$64.2 million in tax.
Oct 29, 2021 10:53 AM
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Wages jump by the most on records dating back 20 years
WASHINGTON (AP) — Wages and salaries jumped in the three months ending in September by the most on records that date back 20 years as companies are forced to offer higher pay to fill a near-record number of available jobs. Pay increased 1.
Oct 29, 2021 10:14 AM
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Power and gas utility Fortis reports $295M Q3 profit, revenue up from year ago
ST. JOHN'S, N.L. — Fortis Inc. says it earned $295 million in its third quarter, up from $292 million in the same quarter last year. The power and gas utility says the profit amounted to 63 cents per share for the quarter ended Sept.
Oct 29, 2021 9:27 AM
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