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Business News

Man accused of killing UnitedHealthcare's CEO shouts on way into courthouse and fights extradition

Man accused of killing UnitedHealthcare's CEO shouts on way into courthouse and fights extradition

New York Dec 10, 2024 / 9:43 pm

The man charged with murder in the killing of the CEO of UnitedHealthcare made it clear he wasn’t going to make things easy on authorities, shouting...

Judge rejects sale of Alex Jones' Infowars to The Onion in dispute over bankruptcy auction

Judge rejects sale of Alex Jones' Infowars to The Onion in dispute over bankruptcy auction

Dec 10, 2024 / 9:42 pm

A federal judge on Tuesday night rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet, criticizing the bidding process as...

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

Dec 10, 2024 / 5:47 pm

General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit...

Flair Airlines CFO faces U.S. charges related to fatal car crash

Flair Airlines CFO faces U.S. charges related to fatal car crash

Dec 10, 2024 / 4:35 pm

Flair Airlines Ltd.’s new chief financial officer faces charges including involuntary manslaughter related to a fatal alleged impaired driving crash that...

Parkland produces first batch of low carbon jet fuel made in Canada

Parkland produces first batch of low carbon jet fuel made in Canada

Burnaby Dec 10, 2024 / 12:29 pm

The first commercial batch of made-in-Canada low-carbon aviation fuel sourced from non-food grade canola and tallow has been produced and quickly purchased....

Stock market today: Wall Street holds steady ahead of inflation report

Stock market today: Wall Street holds steady ahead of inflation report

Dec 10, 2024 / 8:11 am

U.S. stock indexes are drifting in the runup to the latest update on inflation due out Wednesday. The S&P 500 was flat early Tuesday, a day after pulling...

Wait times grow amid Canada Post strike as backlogs and frustration build

Wait times grow amid Canada Post strike as backlogs and frustration build

Dec 9, 2024 / 1:01 pm

It's almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on Nov. 26 and he’s been waiting for a...

Stock market today: Wall Street drifts around its records in early trading

Stock market today: Wall Street drifts around its records in early trading

United States Dec 9, 2024 / 7:51 am

U.S. stocks are drifting around their records ahead of a week that could cement expectations for a coming cut to interest rates by the Federal Reserve. The...

The Canada Post strike involving more than 55,000 has hit 25 days

The Canada Post strike involving more than 55,000 has hit 25 days

Canada Dec 9, 2024 / 5:53 am

The Canada Post strike involving more than 55,000 workers has hit 25 days. In a statement Sunday, Canada Post says it is awaiting a formal response from the...

Fast food 'value war' to last into 2025 as consumer appetite for deals heats up

Fast food 'value war' to last into 2025 as consumer appetite for deals heats up

Canada Dec 9, 2024 / 5:50 am

It's lunch time at the Eaton Centre mall in downtown Toronto and every corner of the food court is hungry for customers. Bourbon St. Grill is trying to lure...

Telus asks court to quash cabinet order for review of wholesale fibre internet rules

Telus asks court to quash cabinet order for review of wholesale fibre internet rules

Dec 6, 2024 / 12:47 pm

Telus Corp. is challenging a federal order for a CRTC review on whether Canada's Big 3 telecom providers should be able to access each other's wholesale...

Lower immigration will slow economic growth, but won't cause recession: report

Lower immigration will slow economic growth, but won't cause recession: report

Dec 6, 2024 / 11:37 am

A new report suggests the federal government's rapidly reduced immigration targets will significantly slow economic growth, but not enough to trigger a...

Federal appeals court upholds law requiring sale or ban of TikTok in the US

Federal appeals court upholds law requiring sale or ban of TikTok in the US

Dec 6, 2024 / 9:31 am

A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the...

Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass

Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass

United States Dec 6, 2024 / 8:07 am

He’s one of the most famous corporate leaders in the world, delivering products embraced by billions. But it’s the haters that companies like Mark...

Organigram says $90M Motif deal will give it largest share of Canada's pot market

Organigram says $90M Motif deal will give it largest share of Canada's pot market

Dec 6, 2024 / 7:50 am

Organigram Holdings Inc. says a $90-million deal to buy a cannabis vapes and infused pre-rolls business has made Organigram Canada’s largest recreational...

Stock market today: Wall Street nears records as jobs data keeps hope alive for a coming rate cut

Stock market today: Wall Street nears records as jobs data keeps hope alive for a coming rate cut

Dec 6, 2024 / 7:49 am

U.S. stocks are nearing their records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises...

More than a million oven gloves are being recalled after consumers report 92 minor burns

More than a million oven gloves are being recalled after consumers report 92 minor burns

Dec 6, 2024 / 7:47 am

More than one million pairs of oven gloves are being recalled due to a burn hazard, after dozens of injury reports. Video and e-commerce retailer QVC is...

Stellantis recalling more than 300,000 Ram trucks for braking system defect

Stellantis recalling more than 300,000 Ram trucks for braking system defect

Dec 6, 2024 / 7:47 am

Stellantis is recalling more than 300,000 Ram Heavy Duty pickup trucks because a faulty part could cause certain braking and tracking systems to fail. The...

Notre Dame's reopening will begin with an archbishop's knock on the doors. Here's what comes next

Notre Dame's reopening will begin with an archbishop's knock on the doors. Here's what comes next

Dec 6, 2024 / 6:12 am

The reopening this weekend of Notre Dame is a succession of ceremonies to breathe life back into the iconic cathedral and celebrate the recovery from its...

China's ban on key high-tech materials could have broad impact on industries, economy

China's ban on key high-tech materials could have broad impact on industries, economy

China Dec 6, 2024 / 5:49 am

China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners,...

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