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National Business
National Business
S&P/TSX composite flat on Wednesday, U.S. stock markets fall
TORONTO — Canada's main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower. The S&P/TSX composite index was up 13.18 points at 21,656.05.
Apr 17, 2024 4:41 PM
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Wildfire sparked by TC Energy pipeline rupture under control
CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture is under control, but an investigation into what caused the pipeline to break could take months or even years.
Apr 17, 2024 4:18 PM
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US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S.
Apr 17, 2024 3:47 PM
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Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan
PITTSBURGH (AP) — President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.
Apr 17, 2024 2:53 PM
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Budget pushes measures on open banking, lower fees forward, but timing unclear
TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.
Apr 17, 2024 2:34 PM
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Engine Capital backs Simpson Oil's call for strategic review at Parkland
CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer. U.S.
Apr 17, 2024 9:34 AM
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Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge
AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware
Apr 17, 2024 8:10 AM
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Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games
PARIS (AP) — In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end. That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool.
Apr 17, 2024 4:44 AM
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TC Energy pipeline rupture sparks wildfire near Edson, Alta.
CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire. The Calgary-based pipeline operator confirmed the rupture in a statement late Tuesday afternoon.
Apr 16, 2024 9:00 PM
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B.C. construction sector seeks support as workers shortage, late payments persist
VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
Apr 16, 2024 8:14 PM
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