Skip to content
Join our Newsletter

National Business

Brookfield Corp. reports Q1 distributable earnings up, US$150B in deployable capital

Brookfield Corp. reports Q1 distributable earnings up, US$150B in deployable capital

TORONTO — Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.
Stock market today: Wall Street is off to a mixed start

Stock market today: Wall Street is off to a mixed start

NEW YORK (AP) — Stocks are drifting again on Wall Street. The S&P 500 was little changed early Thursday, the Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite was up 0.1%.
US weekly jobless claims hit highest level since August of 2023, though job market is still hot

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor market may be softening.
Bank of England keeps interest rate at 5.25% for 6th time, seeks more proof inflation under control

Bank of England keeps interest rate at 5.25% for 6th time, seeks more proof inflation under control

LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards imminently as inflation falls towards its target.
'Who Owns Outer Space?' wins Donner Prize for best public policy book by a Canadian

'Who Owns Outer Space?' wins Donner Prize for best public policy book by a Canadian

TORONTO — A book about the legal implications of developing outer space has won the $60,000 Donner Prize.
Former Las Vegas casino executive sentenced to year of probation in bookmaking money laundering case

Former Las Vegas casino executive sentenced to year of probation in bookmaking money laundering case

LOS ANGELES (AP) — A former top executive for major Las Vegas casinos was sentenced to a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.
Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there

Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there

LONDON (AP) — Thousands of ride-or-die Taylor Swift fans who missed out on her U.S. concert tour last year or didn't want to buy exorbitantly priced tickets to see her again found an out-of-the-way solution: Fly to Europe.
Power Corp. reports net earnings of $709 million in first quarter

Power Corp. reports net earnings of $709 million in first quarter

MONTREAL — Power Corp. of Canada says its net earnings for the first quarter were $709 million, up from $313 million a year earlier. The Montreal-based management and holding company says net earnings per share were $1.
Manulife reports first-quarter net income of $866 million

Manulife reports first-quarter net income of $866 million

TORONTO — Manulife Financial Corp. says first quarter earnings were down from last year because of the effects of a major reinsurance deal.
Nutrien earnings down 71% in first quarter as lower fertilizer selling prices bite

Nutrien earnings down 71% in first quarter as lower fertilizer selling prices bite

SASKATOON — Nutrien Ltd. says it earned US$165 million in its first quarter, down 71 per cent from US$576 million a year earlier. The Saskatoon-based company says its sales totalled US$5.4 billion, down 12 per cent from US$6.