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National Business
National Business
US sues to block JetBlue from buying Spirit Airlines
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Mar 7, 2023 4:00 PM
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Regulator issues guidelines to protect financial institutions from climate risks
Canada's bank regulator has issued a framework to guide banks and insurance companies in protecting themselves against climate-related risks.
Mar 7, 2023 4:00 PM
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B.C. invests $200 million toward boosting food banks, producers and supply chain
VANCOUVER — British Columbia is dedicating $200 million toward boosting both the province's food bank system and overall agricultural production and resiliency.
Mar 7, 2023 3:59 PM
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Powell signals increased rate hikes if economy stays strong
WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Je
Mar 7, 2023 3:31 PM
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BlackBerry says cybersecurity revenue will be lower than expected
TORONTO — Shares in BlackBerry Ltd. were down more than 10 per cent in early trading after the company lowered its fourth-quarter and full-year revenue expectations for its cybersecurity business.
Mar 7, 2023 11:13 AM
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Corus Entertainment slashing quarterly dividend payment
TORONTO — Television and radio company Corus Entertainment Inc. is cutting its quarterly dividend. Corus executive chair Heather Shaw says the money that would have gone to dividends is expected to be directed to debt repayment.
Mar 7, 2023 10:23 AM
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Young Canadians keep up pandemic-inspired DIY projects to save money
Cassie Tatone borrowed a sewing machine from her mother-in-law in the spring of 2020 after the COVID-19 pandemic robbed her of her job and shut down most businesses and activities.
Mar 7, 2023 10:00 AM
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Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal
VANCOUVER — Proxy advisory firm Egan-Jones is recommending shareholders of Ritchie Bros. Auctioneers Inc. support the company's deal to buy U.S. automotive salvage company IAA Inc.
Mar 7, 2023 9:46 AM
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Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBC
TORONTO — Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.
Mar 7, 2023 4:00 AM
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Canada Soccer sponsor offers financial support to resolve dispute with women's team
GE Appliances says it is offering sponsorship money in hopes of helping resolve the labour impasse between Canada Soccer and the women's national team.
Mar 6, 2023 8:29 PM
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