National Business

OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.

The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose four per cent year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand.

MONTREAL — Dockworkers at the Port of Montreal have approved a strike mandate after more than a year of contract negotiations. Longshore workers voted 97.

MONTREAL — National Bank of Canada has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank said Thursday it has received the Competition Bureau's clearance for the deal.

WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its previous estimate unchanged.

Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad. "Saving money was the main motivator," Morgan, now a financial educator and founder of Canadianbudget.

TORONTO — Toronto-Dominion Bank has named new co-heads of its U.S. commercial banking business. TD says Andy Bregenzer and Jill Gateman will jointly lead the operations.

TORONTO — The sale of Sleep Country Canada Holdings Inc. to Fairfax Financial Holdings Ltd. has received final court approval.

DETROIT (AP) — With a strike deadline looming , the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen's union come to the bargaining table to negotiate a new contract. The U.S.

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21.