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National Business
National Business
S&P/TSX composite down more than 200 points as price of oil falls
TORONTO — Canada's main stock index was down more than 200 points as the price of oil fell and losses in energy, financial and base metal stocks helped lead the way lower, while U.S. markets were mixed. The S&P/TSX composite index was down 228.
May 30, 2023 1:38 PM
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Ruling clears way for Purdue Pharma to settle opioid claims, protect Sacklers from lawsuits
A federal appeals court cleared the way for the maker of OxyContin to settle thousands of legal claims tied to the opioid epidemic while shielding the wealthy owners of Purdue Pharma, the Sackler family, from future lawsuits.
May 30, 2023 1:23 PM
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Stock market today: Wall Street ends mixed as DC moves to avoid default
NEW YORK (AP) — Wall Street ended mixed as a long list of worries loom over the market, even if the most pressing crisis seems to be calming after Washington moved to avoid a default on its debt.
May 30, 2023 1:06 PM
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AG largely praises B.C. COVID-19 tourism supports, cites 'minor' shortfalls
VICTORIA — B.C's auditor general says the province's COVID-19 support program for the devastated tourism industry followed most required guidelines, though he raised some concerns about the way it was documented and monitored.
May 30, 2023 12:47 PM
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Air Canada pilots look to start bargaining early after WestJet pay hike
MONTREAL — The pilots union at the country's largest airline has opened the gate to bargaining ahead of time — as early as next month, amid peak travel season — adding pressure to an industry under scrutiny after a rocky year.
May 30, 2023 12:28 PM
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Delta Air Lines hit with lawsuit over claims of carbon neutrality
A consumer class action lawsuit filed Tuesday claims Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” and should pay damages.
May 30, 2023 11:58 AM
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Dearth of skilled workers, funding dents tech adoption by manufacturers: Survey
MONTREAL — A shortage of skilled workers and funding is hurting manufacturers' ability to take up new technology, according to a new survey.
May 30, 2023 11:43 AM
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Resolute Forest Products signs deal to sell pulp and paper mill in Thunder Bay, Ont.
MONTREAL — Resolute Forest Products Inc., a subsidiary of Domtar Corp. and a part of the Paper Excellence Group, has signed a deal to sell its pulp and paper mill in Thunder Bay, Ont., to an affiliate of U.S. company Atlas Holdings.
May 30, 2023 11:32 AM
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Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax
BRYAN, Texas (AP) — Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley , according to the
May 30, 2023 10:56 AM
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Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans
Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation . The Conference Board reported Tuesday that its consumer confidence index fell to 102.
May 30, 2023 9:45 AM
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