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Lululemon Athletica raises financial guidance for fourth quarter

Lululemon Athletica raises financial guidance for fourth quarter

VANCOUVER — Lululemon Athletica Inc. has raised its financial guidance for its fourth quarter. The athletic clothing retailer, which keeps its books in U.S. dollars, says it now expects net revenue will be in the range of US$3.17 billion to US$3.
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Economists see 'turning point' in housing market this year as interest rate cuts loom

Economists see 'turning point' in housing market this year as interest rate cuts loom

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024.
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Boeing jetliner that suffered inflight blowout was restricted amid concerns over warning light

Boeing jetliner that suffered inflight blowout was restricted amid concerns over warning light

PORTLAND, Ore.
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Honda considering $18.4B electric vehicle and battery plant in Canada: media report

Honda considering $18.4B electric vehicle and battery plant in Canada: media report

TORONTO — Honda Motor Co. Ltd. could invest upwards of $18.4 billion in an electric vehicle plant in Canada, according to a report from a Japanese news outlet.
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Congressional leaders announce agreement on topline spending levels, a key step to averting shutdown

Congressional leaders announce agreement on topline spending levels, a key step to averting shutdown

WASHINGTON (AP) — Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Banking conference RBC Capital Markets holds its Canadian bank CEO conference on Tuesday.
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Calgary transforms old offices to apartments; experts say other cities should follow

Calgary transforms old offices to apartments; experts say other cities should follow

CALGARY — No community anywhere would willingly choose to have a nearly 30 per cent office vacancy rate in its downtown core.
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Federal officials order grounding of Boeing 737-9 Max jetliners after a plane suffers a blowout

Federal officials order grounding of Boeing 737-9 Max jetliners after a plane suffers a blowout

PORTLAND, Ore. — Federal officials on Saturday ordered the immediate grounding of Boeing 737-9 Max jetliners after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage.
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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 (20,937.55, up 66.20 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 44 cents, or 0.51 per cent, to $86.08 on 15.2 million shares.
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Red Sea attacks could have ripple effect on shippers — and consumers — in Canada

Red Sea attacks could have ripple effect on shippers — and consumers — in Canada

MONTREAL — Canadian shippers and consumers could soon be feeling the ripple effect of attacks on cargo vessels in the Red Sea, as freight rates rise and delivery times lengthen.
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