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National Business
National Business
Markets rise amid interest rate optimism while energy stocks fuel TSX gains
TORONTO — Canada's main stock index gained more than 250 points Tuesday amid a broad-based rally led by energy stocks, while U.S. markets also rose on hopes that interest rates may have reached their peak.
Oct 10, 2023 1:40 PM
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Cannabis Act review finds companies struggling to profit, health experts supportive
OTTAWA — A review of the federal legislation that paved the way for the legal recreational use and sale of cannabis says companies in the legal market report struggling to realize profits and maintain financial viability.
Oct 10, 2023 1:25 PM
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Stock market today: Wall Street rises as pressure relaxes from the bond market
NEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.
Oct 10, 2023 1:06 PM
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Ontario securities regulator exploring artificial intelligence use in capital markets
TORONTO — Ontario's securities regulator says it is evaluating the potential role it can play in overseeing and guiding responsible adoption of artificial intelligence to protect investors and the integrity of capital markets.
Oct 10, 2023 12:39 PM
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Soldiers asking for donations to help with housing, food costs: memo to Gen. Eyre
OTTAWA — The military's chaplain-general says morale among troops is the lowest it's been in recent memory as many soldiers struggle with the cost of living. In a briefing note sent to the chief of the defence staff, Gen.
Oct 10, 2023 12:03 PM
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North Carolina Republicans enact voting, election boards changes over Democratic governor's vetoes
RALEIGH, N.C. (AP) — North Carolina Republicans enacted vote-count restrictions and weakened the governor's ability to oversee elections and other state regulatory bodies on Tuesday by overriding Democratic Gov. Roy Cooper's vetoes.
Oct 10, 2023 11:54 AM
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Canadian auto workers, GM reach tentative contract agreement less than 24 hours after strike began
TORONTO (AP) — General Motors and the union representing Canadian auto workers have reached a tentative contract agreement that could end a strike that began early Tuesday.
Oct 10, 2023 10:44 AM
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Proposed class action case filed against TD on behalf of mobile mortgage specialists
TORONTO — A proposed class action lawsuit has been filed against Toronto-Dominion Bank alleging more than 1,000 TD mobile mortgage specialists across Canada did not receive their proper vacation and holiday pay.
Oct 10, 2023 10:37 AM
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CIBC names Mark Podlasly to board of directors effective Nov. 1
TORONTO — CIBC says Mark Podlasly will join the bank's board of directors effective Nov. 1. Podlasly is the chief sustainability officer at the First Nations Major Projects Coalition, a collective of 144 Indigenous nations.
Oct 10, 2023 9:05 AM
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Protester throws glitter at UK Labour Party leader as he makes a speech vowing national renewal
LIVERPOOL, England (AP) — A protester has managed to evade security and disrupt a speech by British opposition Labour Party leader Keir Starmer.
Oct 10, 2023 6:17 AM
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