National Business

As inflation continues to weigh on Canadians' budgets, some may have entered the new year taking on a self-imposed "no-buy challenge.

NEW YORK (AP) — Stocks are opening lower on Wall Street as more big U.S. companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading to drops in the stock prices.

LONDON (AP) — More landlords are taking Twitter to court over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices — the latest sign that owner Elon Musk's extreme cost-cutting strategy includes s

HELSINKI (AP) — Finland’s foreign minister suggested Tuesday that the country may consider joining NATO without neighboring Sweden if Turkey continues to block their joint bid to enter the military alliance.

TORONTO — Magna International Inc. says its margins for 2022 are expected to come in lower than it forecast. The auto parts company says its adjusted earnings before interest and taxes (EBIT) margin is expected to be about 4.3 per cent for 2022.

TORONTO — Element Fleet Management Corp. says president and chief executive Jay Forbes will retire this year and will be replaced by CIBC executive Laura Dottori-Attanasio.

BANGKOK (AP) — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Many markets in the region were closed for Lunar New Year holidays.

LORETTE, Man.

VANCOUVER — Telus Communications Inc. says it has merged its mobility and home service divisions to create a combined business unit called Telus Consumer Solutions.

WASHINGTON — The State Department is setting up a new program aimed at giving ordinary Americans the chance to help resettle refugees in the United States — and it's borrowing a page from Canada's immigration playbook to do it.