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National Business
National Business
Late slide sends Wall Street lower in more uncertain trading
NEW YORK — Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 gave back 0.3% Wednesday, its sixth consecutive loss.
Oct 12, 2022 1:15 PM
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Canada Post officially launches nationwide loan program with TD Bank Group
TORONTO — Canada Post now offers loans alongside stamps, packaging and its existing financial services as it officially launches a partnership with TD Bank Group.
Oct 12, 2022 12:33 PM
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Fed voiced determination at last meeting to curb inflation
WASHINGTON (AP) — Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high’’ inflation before announcing that they were raising their benchmark interest rate by a substantial three-quarters of a point for
Oct 12, 2022 11:17 AM
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Who are the 2022 MacArthur 'genius grant' fellows?
CHICAGO (AP) — A specialist in plastic waste management, artists, musicians, computer scientists, and a poet-ornithologist who advocates for Black people in nature are among this year’s 25 winners of the John D. and Catherine T.
Oct 12, 2022 9:31 AM
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Leak detected in pipeline that brings Russian oil to Germany
WARSAW, Poland (AP) — An oil leak was detected on a pipeline in Poland that's the main route through which Russian crude reaches Germany, the pipeline's Polish operator said Wednesday.
Oct 12, 2022 8:52 AM
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RBC economists say recession could arrive as early as Q1 of next year
TORONTO — RBC economists say Canada’s economy could fall into a recession as early as the first quarter of next year, but they expect unemployment to be "less severe" than previous downturns.
Oct 12, 2022 8:11 AM
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Hydro-Québec buying U.S. company Great River Hydro for US$2 billion
MONTREAL — A subsidiary of Hydro-Québec announced a deal Wednesday to buy U.S. power generator Great River Hydro LLC for US$2 billion.
Oct 12, 2022 7:27 AM
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FDA clears updated COVID boosters for kids as young as 5
The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave.
Oct 12, 2022 7:02 AM
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Linamar says Q3 vehicle production forecast down 'meaningfully' for Europe
GUELPH, Ont. — Linamar Corp. says its light vehicle production forecast for the third quarter is down "meaningfully" in Europe compared with its previous forecast, despite being slightly higher overall. The Guelph, Ont.
Oct 12, 2022 6:50 AM
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US producer price inflation eases to still-high 8.5%
WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high levels.
Oct 12, 2022 6:23 AM
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