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National Business
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Thief used phoney document in $20M gold heist, lawsuit against Air Canada claims
TORONTO — On a brisk, drizzly day in April, a thief strolled into Air Canada's glass-walled warehouse at Pearson airport, presented a phoney document and walked out with some $23 million in gold and cash.
Oct 11, 2023 4:57 PM
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TSX posts Wednesday gain despite lower price of oil, while U.S. markets also rise
TORONTO — Strength in the utilities, telecommunications and financial sectors helped lift Canada's main stock index higher Wednesday, while U.S. stock markets also rose despite a stronger-than-expected report on wholesale inflation.
Oct 11, 2023 4:40 PM
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Stock market today: Wall Street edges higher after the first of 2 big updates on inflation this week
NEW YORK (AP) — Stocks edged higher in wobbly trading as yields were mixed in the bond market, which has been Wall Street’s main driver recently. The S&P 500 rose 0.4% Wednesday. The Dow rose 65 points, and the Nasdaq composite added 0.7%.
Oct 11, 2023 4:06 PM
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Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty
WASHINGTON (AP) — Federal Reserve officials regarded the U.S.
Oct 11, 2023 3:15 PM
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Worker dead in apparent drowning at Birchcliff Energy site in Alberta
CALGARY — Birchcliff Energy Ltd. says a contractor has been killed on the job at one of the company's sites in northern Alberta.
Oct 11, 2023 3:02 PM
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Birkenstock stumbles on Wall Street as traders find sandal maker's shares too pricey
NEW YORK (AP) — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
Oct 11, 2023 2:17 PM
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CRTC sides with Bell in arbitration proceeding with Quebecor over MVNO data rates
OTTAWA — Canada's telecommunications regulator has sided with BCE Inc. in a final offer arbitration proceeding between that company and Quebecor Inc. over wholesale mobile virtual network operator (MVNO) data rates.
Oct 11, 2023 1:00 PM
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Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
Oct 11, 2023 12:34 PM
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Statistics Canada reports value of building permits up 3.4% in August
OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.
Oct 11, 2023 10:12 AM
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Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
WASHINGTON (AP) — U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.
Oct 11, 2023 9:22 AM
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