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National Business
National Business
Consumer sentiment edges higher as economic growth accelerates and inflation fades
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after soaring in December and January , underscoring that Americans are starting to feel better about the economy after several years of gloom.
Feb 16, 2024 12:04 PM
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B2Gold says three employees killed in bus attack in Mali, several others wounded
VANCOUVER — B2Gold Corp. says three employees have died after an attack on a bus transporting workers in Mali. The company says the bus, which was travelling under Malian gendarme escort, was going from its Fekola mine to Bamako, the capital of Mali.
Feb 16, 2024 10:45 AM
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Nike to cut 2%, or 1,600 jobs, as athletic wear giant cuts costs and reinvests in areas like health
NEW YORK (AP) — Nike is cutting 2% of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport, health and wellness.
Feb 16, 2024 10:38 AM
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Fairfax Financial Holdings reports Q4 profit down from year earlier
TORONTO — Fairfax Financial Holdings Ltd. reported a fourth-quarter profit attributable to shareholders of US$1.3 billion, down from US$2.3 billion a year earlier. The company, which keeps its books in U.S. dollars, says the profit amounted to US$52.
Feb 16, 2024 10:22 AM
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TC Energy open to exceeding $3B asset divestiture target this year: CEO
CALGARY — TC Energy Corp.
Feb 16, 2024 10:22 AM
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'No longer viable': Ontario electronics retailer Factory Direct to liquidate stores
TORONTO — An Ontario court has given Factory Direct permission to liquidate its stores as it begins winding down the business.
Feb 16, 2024 10:00 AM
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US wholesale inflation accelerated in January in latest sign that prices picked up last month
WASHINGTON (AP) — Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated.
Feb 16, 2024 8:51 AM
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Personal and household goods help boost December wholesale sales: Statistics Canada
OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain rose 0.3 per cent to $82.9 billion in December.
Feb 16, 2024 8:38 AM
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Mithaq lets Aimia takeover offer expire after not enough shares tendered
TORONTO — Mithaq Capital SPC says it's dropping its hostile takeover offer for Aimia Inc. after not enough shares were tendered before the bid expired on Thursday.
Feb 16, 2024 7:25 AM
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Beyond the shelf: How grocers decide what gets donated and what gets dumped
TORONTO — On a cool-but-sunny February day in Toronto’s west end, a temperature-controlled truck pulls up at the rear of a Metro grocery store, where pallets of food about to reach their sell-by date sit waiting.
Feb 16, 2024 3:00 AM
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