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National Business
National Business
Crescent Point restores 75% of halted production as wildfire situation improves
CALGARY — Crescent Point Energy Corp. says it has restored approximately 75 per cent of the production it had temporarily halted as a result of the wildfires in Alberta.
May 10, 2023 10:55 AM
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FDA panel backs over-the-counter birth control pill
WASHINGTON (AP) — Federal health advisers said Wednesday that a decades-old birth control pill should be sold without a prescription, paving the way for a likely U.S. approval of the first over-the-counter contraceptive medication.
May 10, 2023 10:25 AM
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Brookfield Asset Management reports Q1 profit up from year ago
TORONTO — Brookfield Asset Management Ltd. says its share of the latest quarterly profit of the asset management business it owns with Brookfield Corp. amounted to US$125 million.
May 10, 2023 9:48 AM
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US prices stay high, showing inflation pressures persist
WASHINGTON (AP) — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. Prices increased 0.
May 10, 2023 8:49 AM
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CFIB wants CEBA loan repayment deadline extended as businesses struggle
TORONTO — The Canadian Federation of Independent Business says in a survey of its members, 78 per cent of them reported that getting extra time to repay their Canada Emergency Business Account loans will increase the likelihood of their survival.
May 10, 2023 8:10 AM
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Nuvei says Q1 revenue up 20%, but reports loss due to Paya acquisition costs
MONTREAL — Nuvei Corp. saw its first-quarter revenue rise 20 per cent compared with a year ago, but recorded a loss for the first three months of the year as it was hit by about US$20 million in costs related to its deal to buy U.S.
May 10, 2023 5:23 AM
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Tim Hortons signs deal to start opening locations in South Korea later this year
TORONTO — Tim Hortons says the coffee and doughnut chain has signed a deal to open locations in South Korea starting later this year. The company says it has signed a master franchise agreement with BKR Co. Ltd.
May 10, 2023 5:08 AM
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CBC resumes activity on some of its Twitter accounts after hitting pause over labels
The CBC and Radio-Canada are returning to Twitter after pausing activity last month over their designation as "government-funded media" by the social media platform.
May 9, 2023 6:28 PM
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Biden: Debt meeting 'productive,' default 'not an option'
WASHINGTON (AP) — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to try to avert the looming risk of an unprecedent
May 9, 2023 4:47 PM
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Riverbank erosion prompts Wisconsin band to ask for emergency shutdown of Line 5
WASHINGTON — Heavy spring flooding has made Line 5 an "imminent threat" to Lake Superior and a key Indigenous watershed, lawyers argued Tuesday in an emergency motion to shut down the controversial cross-border pipeline.
May 9, 2023 4:16 PM
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