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National Business
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus
NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus for $2.65 billion.
Jul 4, 2024 11:40 AM
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CEO of non-prime lender Goeasy Ltd. to step down at the end of the year
MISSISSAUGA, Ont. — Non-prime lender Goeasy Ltd. says its CEO Jason Mullins will step down from the role at the end of the year.
Jul 4, 2024 9:46 AM
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Greater Toronto home sales down 16% as buyers hold off despite interest rate cut
TORONTO — The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.
Jul 4, 2024 9:44 AM
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June auto sales weaken amid CDK software outage: DesRosiers
TORONTO — DesRosiers Automotive Consultants says June light vehicle sales were relatively weak amid widespread software outages after cybersecurity attacks last month.
Jul 4, 2024 9:06 AM
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How to lower your student debt — and cut through misconceptions around it
Paying back student loans has always been a challenge, but at a time when housing and meals eat up a bigger slice of income than ever, making smart choices around loans and repayment is all too critical.
Jul 4, 2024 8:00 AM
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Competition Bureau to speed development of guidance on new greenwashing rules
GATINEAU, Que. — The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.
Jul 4, 2024 7:31 AM
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CGI acquiring tech services company Celero from Prairie credit union centrals
MONTREAL — CGI Inc. says it has signed a deal with the three Prairie credit union centrals to acquire Celero, a provider of technology services to credit unions and financial institutions.
Jul 4, 2024 6:11 AM
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Japan's Nikkei 225 index hits a record high close of 40,913.65
TOKYO (AP) — Japan’s Nikkei 225 stock index closed Thursday at a fresh record high of 40,913.65, pushing past its most recent record close set in March on heavy buying of automaker and technology shares. The index gained 0.
Jul 4, 2024 4:50 AM
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Chefs mourn for B.C.'s peaches but adapt to stone fruit wipeout
VANCOUVER — Chef Gus Stieffenhofer-Brandson says that when it comes to a fat B.C. peach, there are "endless possibilities" for a fruit that signifies summer.
Jul 4, 2024 2:00 AM
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‘A way to leapfrog’: AWS executive says regulated industries moving fastest on AI
As a wave of companies rush to embed artificial intelligence into their operations, Matt Wood has noticed the technology's fastest adopters are businesses more typically described as slow to change.
Jul 4, 2024 2:00 AM
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