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A missile attack damages a ship in the Red Sea off Yemen's coast near previous Houthi rebel assaults

A missile attack damages a ship in the Red Sea off Yemen's coast near previous Houthi rebel assaults

DUBAI, United Arab Emirates (AP) — A missile attack damaged a ship Tuesday in the Red Sea off the coast of Yemen, with a private security firm saying radio traffic suggested the vessel took on water after being struck.
Scotiabank reports $2.09B Q2 profit, down from $2.15B a year earlier

Scotiabank reports $2.09B Q2 profit, down from $2.15B a year earlier

TORONTO — The Bank of Nova Scotia reported its second-quarter profit fell compared with a year ago as it set aside more money for loan losses. The bank said Tuesday its net income fell to $2.09 billion or $1.
T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt

T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt

T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry. As part of the agreement, T-Mobile will get U.S.
Red Lobster in Ontario court to discuss U.S. bankruptcy case, Canadian assets: docs

Red Lobster in Ontario court to discuss U.S. bankruptcy case, Canadian assets: docs

TORONTO — A lawyer for Red Lobster Canada, Inc. says he will ask an Ontario court today to recognize and enforce the chain’s U.S. bankruptcy protection proceedings, a process which documents show could include selling Canadian assets.
More Canadians only making minimum payment on credit cards: TransUnion

More Canadians only making minimum payment on credit cards: TransUnion

TORONTO — Some Canadians are seeing their credit card balances grow as the cost-of-living crisis and higher interest rates eat into household budgets, a new report shows.
Gildan Activewear shareholders to vote on board put forward by activist investors

Gildan Activewear shareholders to vote on board put forward by activist investors

MONTREAL — Gildan Activewear Inc. shareholders will have a chance this morning to weigh in on a slate of directors put forward by activist investors.
B.C. announces online building permit hub to speed up homebuilding across province

B.C. announces online building permit hub to speed up homebuilding across province

BURNABY — The British Columbia government says a new online "hub" will speed up building permit processes across jurisdictions.
Lobby group says emissions cap could cost oil and gas sector $75B in lost investment

Lobby group says emissions cap could cost oil and gas sector $75B in lost investment

CALGARY — A new report commissioned by an industry lobby group on the federal government's proposed emissions cap stirred up strong reactions from both oil and gas supporters and environmental groups on Monday.
Airline prices, concentration key concerns driving Competition Bureau scrutiny

Airline prices, concentration key concerns driving Competition Bureau scrutiny

Market concentration, higher prices and a mounting tally of customer complaints are fuelling a Competition Bureau study into Canada's airline industry.
Postmedia selling the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News

Postmedia selling the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News

TORONTO — Postmedia Network Canada Corp. says it has signed a deal to sell the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News newspapers to the Klein Group Ltd.