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National Business
Elon Musk quest to scrap deal over 2018 tweets is rejected
DETROIT (AP) — Elon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private was denied by a federal judge in New York.
Apr 27, 2022 11:58 AM
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RBC report says inflation and rising rates will hurt low income Canadians most
TORONTO — A report by RBC Economics says inflation and rising borrowing costs will affect all Canadian households, but low income Canadians will feel the sharpest sting.
Apr 27, 2022 9:58 AM
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CGI reports $372M Q2 profit, up from $341.2M a year earlier, revenue also climbs
MONTREAL — CGI Inc. reported a profit of $372 million in its latest quarter, up from $341.2 million a year earlier, as its revenue grew six per cent. The business technology and consulting firm says the profit amounted to $1.
Apr 27, 2022 8:33 AM
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Poland, Bulgaria say Russia suspending natural gas supplies
WARSAW, Poland (AP) — Polish and Bulgarian officials said Tuesday that Moscow is cutting off natural gas deliveries to their countries due to their refusal to pay in Russian rubles , a demand made by President Vladimir Putin after sanctions were levi
Apr 26, 2022 9:58 PM
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CN Rail profits dip amid supply chain snarls, lower grain exports
MONTREAL — Canadian National Railway Co. on Tuesday lowered its earnings forecast for the year after profits sagged in its first quarter.
Apr 26, 2022 6:23 PM
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Aldo says North American creditors support restructuring plan to exit protection
MONTREAL — Aldo Group Inc. says its North American creditors have voted in favour of its restructuring plan and settlement, almost two years after the footwear company filed for creditor protection.
Apr 26, 2022 6:09 PM
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Brainard wins Senate confirmation to be Fed's vice chair
WASHINGTON (AP) — The Senate on Tuesday confirmed the nomination of Lael Brainard to a four-year term as vice chair of the Federal Reserve, elevating her to the Fed's No.
Apr 26, 2022 6:03 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,690.81, down 321.08 points.) Enbridge Inc. (TSX:ENB). Energy. Down 10 cents, or 0.2 per cent, to $56.08 on 9.3 million shares.
Apr 26, 2022 5:42 PM
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ABC's 'black-ish' ends its run as ABC looks to future
NEW YORK (AP) — As the comedy “black-ish” ended its run after eight seasons with a relatively modest live audience of 2.52 million viewers, ABC is already pivoting to what it hopes is its next defining sitcom.
Apr 26, 2022 5:36 PM
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Pot company Canopy Growth to lay off 243 workers as it moves to cut costs
Canopy Growth Corp. says it will lay off more than 200 workers as part of a new cost reduction strategy that will make cannabis cultivation more affordable and uncover supply chain efficiencies, though it didn't offer a target date for profitability.
Apr 26, 2022 5:31 PM
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