Skip to content

National Business

PBS series, AP detail toll of Russian invasion of Ukraine

PBS series, AP detail toll of Russian invasion of Ukraine

LOS ANGELES (AP) — Two documentaries detailing the punishing effects of Russia's war on Ukraine will air on PBS' “Frontline” investigative series.
Postmedia chairman Paul Godfrey to step down from role at end of year

Postmedia chairman Paul Godfrey to step down from role at end of year

Postmedia chairman Paul Godfrey is stepping down from his role at the end of the year, the company announced Thursday. Current board member Jamie Irving will step into the job at the start of 2023.
Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing

Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing

CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.
Tilray Brands records fourth-quarter loss amid higher revenue

Tilray Brands records fourth-quarter loss amid higher revenue

LEAMINGTON, Ont. — Tilray Brands Inc. posted a steep loss in its most recent quarter despite higher revenue as it recorded a non-cash impairment. The cannabis company posted a net loss of US$457.
Parents offer advice on how to set up allowances that teach kids how to budget, save

Parents offer advice on how to set up allowances that teach kids how to budget, save

TORONTO — At Patti Barnes' North Vancouver home, her five kids tend to the garden, take out the garbage and look after the family pets.
Fewer Americans applied for jobless benefits last week

Fewer Americans applied for jobless benefits last week

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week's number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.
JetBlue agrees to buy Spirit for $3.8 billion

JetBlue agrees to buy Spirit for $3.8 billion

JetBlue has agreed to buy Spirit Airlines for $3.8 billion in a deal that would create the nation’s fifth largest airline if approved by U.S. regulators.
Danielle Smith defends sovereignty plan, cancer remarks in UCP leadership debate

Danielle Smith defends sovereignty plan, cancer remarks in UCP leadership debate

MEDICINE HAT, ALBERTA, CANADA — Danielle Smith, considered one of the front-runners in the United Conservative Party leadership race, faced sharp criticism Wednesday from debate rivals over her Alberta sovereignty plan and controversial comments on c
Fed unleashes another big rate hike in bid to curb inflation

Fed unleashes another big rate hike in bid to curb inflation

WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation .
West Fraser Timber Co. Ltd. posts net profit of US$762 million in its second quarter

West Fraser Timber Co. Ltd. posts net profit of US$762 million in its second quarter

VANCOUVER — West Fraser Timber Co. Ltd. posted a net profit of US$762 million in its latest quarter as the acute transportation challenges facing the company in recent quarters showed signs of improvement.