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Ford cutting 3,000 white-collar jobs in bid to lower costs
DETROIT (AP) — About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries.
Aug 22, 2022 11:42 AM
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Russia blames Ukraine for nationalist's car bombing death
MOSCOW (AP) — Moving quickly to assign blame, Russia on Monday declared Ukrainian intelligence responsible for the brazen car bombing that killed the daughter of a leading right-wing Russian political thinker over the weekend.
Aug 22, 2022 11:06 AM
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TFI International signs deal with Heartland Express
MONTREAL — Trucking company TFI International Inc. has signed a deal to sell CFI’s truckload, temp control and Mexican non-asset logistics businesses to Heartland Express Inc. for US$525 million.
Aug 22, 2022 10:12 AM
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'It's like Lego bricks': Shippers and consumers feel effects of overflowing ports
MONTREAL — Bob Ballantyne broke a cord on his blinds in early July, and his repairman in Ottawa still hasn’t been able to replace the snapped part. "He says, ‘You know, supply chain issues. I can't get the string that I need to fix it.
Aug 22, 2022 9:00 AM
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Pot company SNDL to acquire the Valens Company in all-stock transaction
CALGARY — Pot shop owner SNDL Inc. says it will acquire cannabis manufacturer the Valens Company Inc. and combine the businesses in an all-stock transaction it valued at $138 million.
Aug 22, 2022 8:20 AM
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Stocks post broad losses in early trading on Wall Street
NEW YORK (AP) — Stocks are opening broadly lower on Wall Street, extending the market’s losses. Losses last week broke a four-week winning streak for the S&P 500. The benchmark index was down 1.
Aug 22, 2022 7:50 AM
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Link shareholders vote to approve Dye & Durham takeover offer
TORONTO — Dye & Durham Ltd. says shareholders of Australian company Link Administration Holdings Ltd. have voted in favour of the company's proposed acquisition of Link Group.
Aug 22, 2022 7:44 AM
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‘Dragon Ball Super’ bests ‘Beast’ at box office with $20.1M
Idris Elba may go head-to-head with a lion in “Beast,” but the action flick was no match for the latest “Dragon Ball” movie at the North American box office this weekend.
Aug 21, 2022 10:56 AM
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Canadian banks to report earnings amid rising interest rate environment
TORONTO — Canadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week.
Aug 21, 2022 8:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: German chancellor visit German Chancellor Olaf Scholz is visiting Canada this week.
Aug 21, 2022 8:00 AM
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