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National Business
National Business
Proposed $32.5B tobacco deal not 'doomed to fail,' judge says in ruling
TORONTO — An Ontario judge says any outstanding issues regarding a proposed $32.5 billion settlement between three major tobacco companies and their creditors should be solvable in the coming months.
Nov 5, 2024 12:44 PM
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Newfoundland beach blobs are plastic pollution, but source remains unknown: scientist
ST. JOHN'S, N.L. — A scientist has determined that the strange white blobs puzzling Newfoundland beachcombers are made of a plastic commonly found in adhesives, but the origin of the mysterious goo is still unknown.
Nov 5, 2024 12:43 PM
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Sun Life managing record assets of over $1.5 trillion despite outflow challenges
TORONTO — Sun Life Financial Inc. says market gains helped it reach an all-time high for assets under management in the third quarter, even as it continues to struggle with investors pulling out funds.
Nov 5, 2024 12:13 PM
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Boeing factory strike ends as workers vote to accept contract
SEATTLE (AP) — Factory workers at Boeing voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.
Nov 5, 2024 11:31 AM
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Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95
NEW YORK (AP) — Bernard “Bernie” Marcus, the co-founder of The Home Depot, the world's largest home improvement chain, a billionaire philanthropist, and a big Republican donor, has died. He was 95.
Nov 5, 2024 10:42 AM
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BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut
OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point last month, but opted to take a larger step in the face of a weakening economy and falling inflation.
Nov 5, 2024 10:41 AM
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Nova Scotia Tories promise universal shingles vaccine program for 65 and over
HALIFAX — Nova Scotia’s Progressive Conservatives promised on Tuesday to introduce a universal shingles vaccine program for people 65 and older if re-elected Nov. 26, the latest in a series of targeted health announcements.
Nov 5, 2024 9:30 AM
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Oil, gas companies told to cut emissions by one-third under planned cap
OTTAWA — Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations published Monday.
Nov 5, 2024 9:26 AM
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Tim Hortons parent Restaurant Brands sees sales slow amid 'difficult' economy
TORONTO — A "difficult" economic environment took a bite out of Restaurant Brands International Inc.
Nov 5, 2024 9:24 AM
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September merchandise trade deficit narrows to $1.3 billion: Statistics Canada
OTTAWA — Canada's merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports, Statistics Canada said Tuesday. The result compared with a revised deficit of $1.5 billion for August.
Nov 5, 2024 8:59 AM
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