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National Business
National Business
Spin Master expecting challenging year in 2024, plans to launch new 'value' toys
TORONTO — Spin Master Corp. says it expects to face a challenging year in 2024 amid ongoing economic pressures on shoppers, but could see growth as it integrates U.S. toymaker Melissa & Doug following the closure of its acquisition.
Feb 29, 2024 9:40 AM
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Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%
CALGARY — Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier.
Feb 29, 2024 9:30 AM
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Highlights from Nova Scotia's 2024-25 provincial budget
HALIFAX — Highlights of the Nova Scotia government's provincial budget presented Thursday: — The province is bringing in a $16.5-billion budget, with a projected deficit of $467.4 million. --- — Health-care spending is expected to reach $7.
Feb 29, 2024 9:10 AM
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Best Buy's shares up after chain posts smaller-than expected sales decline for 4Q
NEW YORK (AP) — Best Buy's shares rose on Thursday as the nation's largest consumer electronics chain posted a smaller-than-expected sales decline for the fiscal fourth quarter, signaling that the bottom of spending on gadgets may be in sight.
Feb 29, 2024 9:03 AM
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First Quantum Minerals completes pair of key financing deals
TORONTO — First Quantum Minerals Ltd. has completed two key financing deals to raise a total of more than US$2 billion that it plans to use to repay other debt and for general corporate purposes.
Feb 29, 2024 8:55 AM
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Competition Bureau gets court order for investigation into Google's ad practices
GATINEAU, Que. — The Competition Bureau says it's obtained a court order in an ongoing investigation into Google's advertising practices in Canada. The order requires Google to produce records and written information relevant to the investigation.
Feb 29, 2024 8:49 AM
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Ottawa adds funding to CBC, despite executives' claims it was asked to cut its budget
OTTAWA — Canada's public broadcaster is getting an increase in funding, despite executives' claims that they were asked to cut its budget for the next fiscal year. Documents from the Heritage Department show CBC will get a $1.
Feb 29, 2024 8:33 AM
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One Tech Tip: Don't use rice for your device. Here's how to dry out your smartphone
LONDON (AP) — You were walking next to a swimming pool when you slipped and dropped your phone into the water. Or it slipped out of your hand when you were next to a filled bathtub or toilet. However your smartphone got wet, you now need to dry it.
Feb 29, 2024 8:11 AM
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Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector
Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.
Feb 29, 2024 7:17 AM
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Changing jobs? Keeping track of pension key as regulator warns of 'stranded' benefits
Two years ago, Ihor Weryha finally felt ready to retire. The Mississauga, Ont., resident had spent 40 years working in the petrochemical industry, most of which had been evenly split between two companies.
Feb 29, 2024 7:00 AM
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