National Business

OTTAWA — The labour market showed signs of life in October with a surprise jump in the number of jobs, but economists still expect to see the economy slow more noticeably in the coming months.

Tech companies are warning businesses could flee Quebec after a pair of court cases paved the way for property tax bills to jump by more than 250 per cent at data centres, medical clinics and even supermarkets.

NEW YORK (AP) — Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the social platform . The company had told employees by email that they would find out by 9 a.m. PDT (noon EDT) if they had been laid off.

Canadian auto parts makers say the supply picture is improving and helping boost their bottom line, but disruptions continue to weigh on operations and profits. Magna International Inc.

TORONTO — RioCan Real Estate Investment Trust says retailers offering essential and discount goods are driving growth in its occupancy rates.

It’s easy to forget that the Netflix original film department is still rather young. Five years ago, the streaming service didn’t even really have one. But things move quickly in the competitive streaming world, especially when starting from scratch.

Telus Corp. raised its dividend as it reported a profit of $551 million in its latest quarter, up from $358 million in the same period last year.

DES MOINES, Iowa (AP) — Strong sales boosted a Powerball jackpot to an estimated $1.6 billion on Friday, making it the largest lottery prize in history.

TORONTO — Global layoffs orchestrated by new Twitter owner Elon Musk have hit the company's Canadian office with its two most senior leaders announcing they were part of the cuts.

WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation .