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National Business
National Business
Final-hour rally yanks Wall Street from maw of bear market
NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year.
May 20, 2022 6:59 PM
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Boeing docks crew capsule to space station in test do-over
CAPE CANAVERAL, Fla. (AP) — With only a test dummy aboard, Boeing’s astronaut capsule pulled up and parked at the International Space Station for the first time Friday, a huge achievement for the company after years of false starts .
May 20, 2022 5:44 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,197.61, up 15.69 points.) Western Energy Services Corp. (TSX:WRG). Energy. Unchanged at three cents on 22.3 million shares.
May 20, 2022 2:32 PM
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S&P/TSX composite rallies for first winning week in two months
TORONTO — Canada's main stock index staged a late rally to post its first winning week in two months despite enduring volatility over concerns about central bank interest rate hikes and warnings that inflation is hammering retailer profits.
May 20, 2022 2:17 PM
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Consumer sentiment in Canada posts biggest drop since pandemic onset amid inflation
Canadians are growing increasingly pessimistic about the economy as inflation drives up the cost of nearly everything and higher interest rates loom. The Conference Board of Canada said Friday consumer confidence decreased 11.
May 20, 2022 12:40 PM
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Hyundai announces $5.5B electric vehicle plant in Georgia
ELLABELL, Ga. (AP) — Hyundai Motor Group officials confirmed Friday the company will spend $5.
May 20, 2022 12:29 PM
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Via Rail Canada CEO Cynthia Garneau stepping down: federal transport minister
MONTREAL — The federal transport minister says Via Rail Canada Inc. president and CEO Cynthia Garneau has resigned. Omar Alghabra says Garneau's resignation is effective Friday and comes three years after she was appointed CEO in May 2019.
May 20, 2022 11:47 AM
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Unifor members ratify new contract at Resolute Forest Products' pulp and paper mills
MONTREAL — Unifor says workers it represents at Resolute Forest Products' pulp and paper mills in Canada have voted to approve a new contract reached last week. The union says 89.
May 20, 2022 11:31 AM
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Gas prices down slightly from record highs earlier this week
CALGARY — Gasoline prices in Canada have declined slightly just before the May long weekend, but it's still expected to be a pricey summer at the pumps. As of midday Friday, the average retail price at the pump across Canada was $1.
May 20, 2022 11:12 AM
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Ottawa to conduct public interest assessment of WestJet-Sunwing deal
OTTAWA — The federal government will conduct a public interest assessment of WestJet Airlines Ltd.'s deal to buy Sunwing Airlines and Sunwing Vacations.
May 20, 2022 11:06 AM
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