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National Business
National Business
RBC sets aside more money for bad loans but positioning for rate cuts
TORONTO — Royal Bank of Canada joined its peers this quarter in setting more money aside for potentially bad loans, but the bank is also working to position itself to capture the substantial sums of money lying in wait for when economic trends shift.
Feb 28, 2024 2:44 PM
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US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.
Feb 28, 2024 11:57 AM
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Lower auto prices are finally giving Americans a break after years of inflationary increases
DETROIT (AP) — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an
Feb 28, 2024 11:43 AM
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Wendy's says it has no plans to raise prices during the busiest times at its restaurants
Wendy's says that it has no plans to increase prices during the busiest times at its restaurants.
Feb 28, 2024 11:29 AM
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Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing
The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.
Feb 28, 2024 10:52 AM
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George Weston reports smaller Q4 loss compared with a year ago
TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.
Feb 28, 2024 9:42 AM
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MDA reports fourth-quarter profit and revenue up from year ago
BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $13.5 million, up from $8.8 million a year earlier, as its revenue rose 10 per cent.
Feb 28, 2024 8:32 AM
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Judge rules Prince Harry was not unfairly stripped of UK security detail after he moved to the US
LONDON (AP) — Prince Harry was not improperly stripped of his publicly funded security detail during visits to Britain after he gave up his status as a working member of the royal family and moved to the U.S., a London judge ruled Wednesday.
Feb 28, 2024 6:22 AM
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Hourly vs. salaried: Are you getting paid for an extra day of work on Feb. 29?
TORONTO — This leap year, some financial experts say they're seeing an unexpected trend: employees asking if they get paid for working on Feb. 29. Every four years, the calendar gains a day to sync up with the Earth's movement around the sun.
Feb 28, 2024 4:00 AM
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Parkland Corp. sees earnings rise in fourth quarter despite lower sales
CALGARY — Parkland Corp. says it earned $86 million in its fourth quarter, up from $69 million a year earlier. The Calgary-based company says earnings per diluted share were 48 cents, up from 39 cents during the same quarter the year before.
Feb 27, 2024 6:07 PM
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