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Business News

Over 2 million Ninja-branded pressure cookers are recalled after reports of serious burn injuries

Over 2 million Ninja-branded pressure cookers are recalled after reports of serious burn injuries

United States May 1, 2025 / 9:44 am

SharkNinja is recalling more than 2 million pressure cookers sold in the U.S. and Canada — after consumers reported over 100 burn injuries spanning from a...

S&P/TSX composite, U.S. markets trading higher as tech stocks rise

S&P/TSX composite, U.S. markets trading higher as tech stocks rise

Canada May 1, 2025 / 9:43 am

Gains in the energy and information technology sectors pushed Canada's main stock index higher in late-morning trading, while U.S. stock markets were also...

'Save Santa's supply chain': Spin Master to reduce China production due to tariffs

'Save Santa's supply chain': Spin Master to reduce China production due to tariffs

Canada May 1, 2025 / 9:41 am

Canadian toy manufacturer Spin Master Corp. is pleading to "save Santa's supply chain" in the wake of U.S. President Donald Trump's tariffs....

Introducing Lodestar Media: Glacier's new unified media division

Introducing Lodestar Media: Glacier's new unified media division

May 1, 2025 / 9:15 am

Glacier Media is thrilled to announce the creation of Lodestar Media, its new media division. To many readers, Lodestar Media is now the parent company of...

B.C. business groups seek 'drastic' action on trade, tariffs following election

B.C. business groups seek 'drastic' action on trade, tariffs following election

B.C. May 1, 2025 / 8:44 am

B.C. business groups are calling on the new federal government to cut red tape, boost innovation and diversify trade as tariff pressures mount. Their wish list...

Wild market swings make planning and safe havens important for investors

Wild market swings make planning and safe havens important for investors

May 1, 2025 / 8:23 am

Stock markets have taken a wild ride in recent weeks as U.S. President Donald Trump's on-again, off-again tariffs have created massive uncertainty for...

Canadian Tire bidding on Hudson's Bay assets, sources say

Canadian Tire bidding on Hudson's Bay assets, sources say

Canada May 1, 2025 / 7:41 am

Beleaguered retailer Hudson's Bay has attracted a bid from Canadian Tire, two sources familiar with the sales process say. The sources, who are not being...

The number of Americans filing for jobless claims jumps last week, but remains at healthy levels

The number of Americans filing for jobless claims jumps last week, but remains at healthy levels

United States May 1, 2025 / 7:37 am

U.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range despite increasing fears...

Uranium miner Cameco reports $70M Q1 profit as revenue up from year ago

Uranium miner Cameco reports $70M Q1 profit as revenue up from year ago

Canada May 1, 2025 / 7:25 am

Cameco Corp. reported a first-quarter profit as its revenue rose compared with a year ago, citing strong production of uranium and fuel services. The company...

Bombardier reports $44 million Q1 profit, down from $110M a year earlier

Bombardier reports $44 million Q1 profit, down from $110M a year earlier

United States May 1, 2025 / 6:44 am

MONTREAL — Bombardier Inc. reported a first-quarter profit of US$44 million, down from US$110 million a year earlier as its revenue rose. The...

McDonald's store traffic falls unexpectedly as diners grow uneasy about economy

McDonald's store traffic falls unexpectedly as diners grow uneasy about economy

United States May 1, 2025 / 6:43 am

McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners. The burger giant’s same-store sales, or...

For Mi'kmaq fishers working within Ottawa's baby eel rules, it's a 'peaceful' season

For Mi'kmaq fishers working within Ottawa's baby eel rules, it's a 'peaceful' season

Canada May 1, 2025 / 6:08 am

Some Mi'kmaq harvesters say working within Ottawa's quotas for the contentious baby eel fishery is helping calm the tense atmosphere in their river...

Thomson Reuters reports US$434M Q1 profit as revenues edge higher

Thomson Reuters reports US$434M Q1 profit as revenues edge higher

United States May 1, 2025 / 4:57 am

Thomson Reuters says its profit fell in its latest quarter as revenues edged higher. The company, which keeps its books in U.S. dollars, reported a...

Mortgage market disrupted by rates, tariffs, election

Mortgage market disrupted by rates, tariffs, election

Apr 30, 2025 / 4:39 pm

After locking in low mortgage rates several years ago, it’s now time for many Canadians to pay the piper. With more than a million mortgages up for...

More than 100 media outlets have received $22.2M in Google payments: journalism group

More than 100 media outlets have received $22.2M in Google payments: journalism group

Apr 30, 2025 / 1:33 pm

The organization administering the money Google agreed to give Canadian news outlets in exchange for an exemption from the Online News Act says almost $22.2...

BoC opted for wait-and-see approach to rates amid shifting trade policy: summary

BoC opted for wait-and-see approach to rates amid shifting trade policy: summary

Apr 30, 2025 / 10:47 am

Uncertainty about both the rapidly changing U.S. trade policy and the impact it’s having on the Canadian economy dominated discussion by the Bank of...

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

Apr 30, 2025 / 10:21 am

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted...

After a year of turmoil, The Washington Post is taking note of its journalism again

After a year of turmoil, The Washington Post is taking note of its journalism again

United States Apr 30, 2025 / 8:13 am

After a brutal year of headlines about The Washington Post, Executive Editor Matt Murray sounded almost relieved to be talking about journalism. In an...

Wall Street sinks following signals that the US economy is sputtering

Wall Street sinks following signals that the US economy is sputtering

United States Apr 30, 2025 / 8:08 am

A discouraging report suggesting the U.S. economy may have shrunk at the start of the year, before most of President Donald Trump’s announced tariffs...

This Vancouver ring designer creates deeply personal pieces for life’s biggest moments

This Vancouver ring designer creates deeply personal pieces for life’s biggest moments

B.C. Apr 30, 2025 / 7:50 am

Popping the question is a major decision in a person's life, but the decision that soon follows can also be one that affects the couple 'til death they...

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