Skip to content

National Business

Top EU official says decisions coming next week on the release of massive funds for Poland

Top EU official says decisions coming next week on the release of massive funds for Poland

WARSAW, Poland (AP) — The head of the European Union’s powerful Commission announced on Friday in Warsaw that decisions will be taken soon to release billions of euros to Poland, funds frozen by the bloc over the previous Polish government's anti-EU
Why Canadians see the biggest grocers as the villains of food inflation

Why Canadians see the biggest grocers as the villains of food inflation

Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how often his name and face appear in connection with the company: in memes, on social media, and now emblazoned across the top of a new Reddit
Vice Media says 'several hundred' staff members will be laid off, Vice.com news site shuttered

Vice Media says 'several hundred' staff members will be laid off, Vice.com news site shuttered

NEW YORK (AP) — Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company's CEO said in a memo to staff Thursday.
Lynx Air shutting down Monday, tells passengers to seek refunds through credit cards

Lynx Air shutting down Monday, tells passengers to seek refunds through credit cards

CALGARY — Low-cost airline Lynx Air announced a sudden halt to its operations as of Monday and told customers with bookings after that to seek refunds from their credit card companies.
Private lander makes first US moon landing in more than 50 years

Private lander makes first US moon landing in more than 50 years

CAPE CANAVERAL, Fla. (AP) — A private lander on Thursday made the first U.S. touchdown on the moon in more than 50 years, but managed just a weak signal back until flight controllers scrambled to gain better contact.
These companies have laid off Canadian workers in 2024

These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
Reddit strikes $60M deal allowing Google to train AI models on its posts, unveils IPO plans

Reddit strikes $60M deal allowing Google to train AI models on its posts, unveils IPO plans

SAN FRANCISCO (AP) — Reddit has struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve services such as Google Search.
Immigration spurring telecom subscriber growth but ongoing investments needed: report

Immigration spurring telecom subscriber growth but ongoing investments needed: report

Canada's immigration influx is spurring subscriber growth for the country's four biggest telecom providers, but significant investments in network infrastructure are needed to meet rising demand for services, says a report released Thursday.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,318.08, up 145.70 points): Suncor Energy Inc. (TSX:SU). Energy. Down 13 cents, or 0.29 per cent, to $45.22 on 18.5 million shares.
Suncor reverses workplace injury trend, reports 2023 was company's safest year ever

Suncor reverses workplace injury trend, reports 2023 was company's safest year ever

CALGARY — Oilsands giant Suncor Energy Inc., which has been heavily criticized in recent years for an abnormally high number of workplace deaths at its sites, reported that 2023 was its best year ever in terms of worker safety.