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Weekly applications for US jobless benefits fall to the lowest level in 4 months
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday.
Sep 19, 2024 6:42 AM
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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve , its first since the onset of the coronavirus pandemic more than four years ago.
Sep 19, 2024 5:09 AM
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Pressure still on oilsands sector despite silence after greenwashing law: think tank
CALGARY — Canada's oilsands industry remains under pressure to reduce its greenhouse gas footprint, even as companies have clamped down on public communications in the wake of new anti-greenwashing legislation.
Sep 19, 2024 2:00 AM
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Tupperware lifts the lid on its financial problems with bankruptcy filing
NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury Ame
Sep 18, 2024 6:43 PM
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Low pay for junior Air Canada pilots poses possible hurdle to proposed deal
MONTREAL — Low entry-level pay in the tentative deal between Air Canada and its pilots could be a stumbling block ahead of a union vote on the agreement, some aviators and experts say.
Sep 18, 2024 6:38 PM
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Michelin awards four new stars as inspectors venture outside Toronto city limits
TORONTO — Michelin has awarded a star to four new restaurants in its Toronto guide — but three of them aren't in the city at all.
Sep 18, 2024 6:35 PM
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Federal Reserve signals end to inflation fight with a sizable half-point rate cut
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for A
Sep 18, 2024 6:32 PM
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Alberta Premier Smith aims to help fund private school construction
EDMONTON — Alberta Premier Danielle Smith says her government’s $8.6-billion plan to fast-track building new schools will include a pilot project to incentivize private ones.
Sep 18, 2024 6:18 PM
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Sleep Country shareholders approve sale to Fairfax Financial
TORONTO — Sleep Country Holdings Inc. shareholders have voted in favour of selling the business to Fairfax Financial Holdings Ltd. for $1.7 billion. The mattress retailer says 99.
Sep 18, 2024 4:24 PM
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Scotiabank names new president of Quebec business to support growth in province
MONTREAL — Scotiabank says it's appointed Jean-François Courville to a new role as president of the bank's Quebec operations. The bank says the new role is designed to support its strategy to grow in the province of Quebec.
Sep 18, 2024 4:22 PM
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