Skip to content

National Business

Local businesses expect subdued TIFF to generate fewer sales, less foot traffic

Local businesses expect subdued TIFF to generate fewer sales, less foot traffic

TORONTO — Most years, Beck Taxi will have logged hundreds of fares from people preparing for the Toronto International Film Festival weeks before red carpets have even been unfurled and lines snake out theatres. But this year is different.
US airstrike targets Islamic State member in Afghanistan

US airstrike targets Islamic State member in Afghanistan

WASHINGTON (AP) — Acting swiftly on President Joe Biden's promise to retaliate for the deadly suicide bombing at Kabul airport, the U.S.
Afghanistan's economic crisis deepens as airlift winds down

Afghanistan's economic crisis deepens as airlift winds down

KABUL, Afghanistan (AP) — Hundreds of Afghans protested outside a bank in Kabul on Saturday and others formed long lines at cash machines as a U.N. agency warned that a worsening drought could leave millions in need of humanitarian aid.
US airstrike targets Islamic State member in Afghanistan

US airstrike targets Islamic State member in Afghanistan

WASHINGTON (AP) — Acting swiftly on President Joe Biden's promise to retaliate for the deadly suicide bombing at Kabul airport, the U.S.
4 Line 3 protesters arrested at Minnesota Capitol

4 Line 3 protesters arrested at Minnesota Capitol

ST. PAUL, Minn. (AP) — Minnesota troopers on Friday arrested four people protesting Enbridge Energy's Line 3 replacement pipeline project at the state Capitol.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,644.64, up 140.49 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 55 cents, or 2.33 per cent, to $24.20 on 9.8 million shares.
S&P/TSX, Nasdaq and S&P 500 hit record highs after speech from U.S. Fed chairman

S&P/TSX, Nasdaq and S&P 500 hit record highs after speech from U.S. Fed chairman

TORONTO — North American markets surged to record highs after a speech from the U.S. Federal Reserve chair that suggested it was in no rush to begin reducing economic stimulus measures.
Powell: Fed on track to slow aid for economy later this year

Powell: Fed on track to slow aid for economy later this year

WASHINGTON (AP) — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the
Banks report Q3 growth but hold on to rainy day funds amid uncertain economic outlook

Banks report Q3 growth but hold on to rainy day funds amid uncertain economic outlook

TORONTO — Canada's Big Six banks were optimistic on the economy this week as they reported a jump in profits from last year, but they continue to hold significant loan loss reserves as uncertainty remains around COVID-19 variants and what it means fo
Air Canada's strict new employee vaccine policy could set new workplace bar: experts

Air Canada's strict new employee vaccine policy could set new workplace bar: experts

CALGARY — Air Canada’s decision not to offer rapid testing as an alternative for employees who refuse to be vaccinated against COVID-19 sets a tough new precedent that other companies may emulate, experts say.