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National Business
National Business
Sun Life buying majority stake in Advisors Asset Management for US$214M
TORONTO — Sun Life Financial Inc. has signed a deal to buy a majority stake in U.S. firm Advisors Asset Management Inc. for US$214 million. AAM provides a range of services and products to financial advisers.
Sep 2, 2022 8:46 AM
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Long weekend drivers to enjoy cheaper gas as crude oil tumbles
CALGARY — The final long weekend of summer will also be the cheapest for Canadian drivers, with gasoline prices heading into the Labour Day holiday the lowest they've been since late February.
Sep 2, 2022 4:00 AM
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Nissan eager to leverage US tax credit on electric vehicles
TOKYO (AP) — Nissan will more aggressively push electric vehicles to take advantage of a new U.S. law that gives up to $7,500 in tax credits, the Japanese automaker said Friday.
Sep 1, 2022 10:44 PM
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CDC endorses updated COVID boosters, shots to begin soon
The Centers for Disease Control and Prevention on Thursday endorsed updated COIVD-19 boosters , opening the way for a fall vaccination campaign that could blunt a winter surge if enough Americans roll up their sleeves.
Sep 1, 2022 8:05 PM
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Stock market sell-off continues amid recession fears, slumping commodity prices
Canada's main stock index extended its broad-based sell-off into a fifth straight day Thursday, as recessionary fears mounted and global commodity prices slumped. The S&P/TSX composite index closed down 188.09 points at 19,142.72.
Sep 1, 2022 5:25 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,142.72, down 188.09 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.58, or 3.72 per cent, to $40.91 on 13.8 million shares.
Sep 1, 2022 5:25 PM
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Lululemon reports Q2 revenue up as inventories higher, international sales climb
VANCOUVER — Lululemon Athletica Inc. says revenue climbed 29 per cent in the second quarter compared with the same period last year as it saw sales climb across its operations including higher gains in both online and international segments.
Sep 1, 2022 5:16 PM
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Stocks end mixed on Wall Street, S&P 500 ekes out a gain
NEW YORK — A late burst of buying erased some of the stock market’s losses, leaving indexes mixed on Wall Street at the closing bell.
Sep 1, 2022 4:17 PM
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Calgary's benchmark home price up 11% since last August: real estate board
CALGARY — The Calgary Real Estate Board says August's benchmark price for a home in the city rose by 11 per cent since last year, while the number of sales was almost unchanged in the same period.
Sep 1, 2022 3:58 PM
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Paddleboarder loses phone; scuba diver finds it next day
ROCKPORT, Mass. (AP) — When Laura Hernandez fell into the water and lost her iPhone while paddleboarding off Massachusetts earlier this month, she figured it was probably gone for good.
Sep 1, 2022 3:24 PM
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