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National Business
Oil sector CEO compensation jumps double-digits amid surging profits: report
CALGARY — CEO pay in the oil and gas sector has soared with the industry's post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects.
Jan 17, 2024 2:35 PM
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Retail sales up strongly in December as Americans showed continued willingness to spend
NEW YORK (AP) — Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely.
Jan 17, 2024 2:11 PM
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ET welcome: Kentucky city beams message into space inviting extraterrestrial visitors
LEXINGTON, Ky. (AP) — A Kentucky city has come up with an out-of-this-world campaign to promote tourism. The Lexington Convention and Visitors Bureau used an infrared laser to beam a message into space to invite extraterrestrial travelers.
Jan 17, 2024 1:03 PM
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Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses
TORONTO — Thursday will mark the deadline for Canadian businesses to repay pandemic loans and receive partial forgiveness, a move that business groupssay will spell closure for thousands of struggling companies.
Jan 17, 2024 1:01 PM
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Rogers sisters resign from company board as part of private settlement
TORONTO — Two members of the Rogers family have settled their differences with their brother Edward and announced their retirement from the Rogers Communications Inc. board of directors after a bruising fight over who should lead the company.
Jan 17, 2024 12:40 PM
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Duelling U.S. sandwich brands Jimmy John's and Jersey Mike's to expand in Canada
TORONTO — A battle of the sandwich brands is materializing as a pair of U.S. sub companies announce big plans for Canada. Inspire Brands announced Wednesday that its Jimmy John’s banner would use a franchise model to make its way outside the U.S.
Jan 17, 2024 12:11 PM
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Tech industry expecting more layoffs, but say hiring coming too this year
TORONTO — Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
Jan 17, 2024 11:36 AM
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Mullen Group signs deal to buy logistics company ContainerWorld
OKOTOKS, Alta. — Mullen Group Ltd. says it has signed a letter of intent to buy logistics company ContainerWorld Forwarding Services Inc. Financial terms of the agreement were not immediately available.
Jan 17, 2024 8:23 AM
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China's economy expanded 5.2% last year, hitting target of 'about 5%' even though recovery is uneven
HONG KONG (AP) — China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven.
Jan 16, 2024 9:36 PM
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Gildan accuses ex-CEO of close relationship with shareholders calling for his return
MONTREAL — Gildan Activewear Inc.
Jan 16, 2024 8:50 PM
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