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National Business
National Business
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
WASHINGTON (AP) — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.
May 31, 2023 10:51 AM
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Funded deals, investment totals fall as VCs adjust to new normal: BDC
TORONTO — Canada's venture capitalists settled into a new normal marked by fewer and more cautious investments last year — and a new report suggests the pattern will continue.
May 31, 2023 10:20 AM
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Vatican questions $17 million transfers to impact investing fund, moves to prevent similar
VATICAN CITY (AP) — The Vatican is seeking clarity after the former director of its U.S.
May 31, 2023 10:15 AM
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New Zealand airline is asking passengers to weigh in before their flights
WELLINGTON, New Zealand (AP) — New Zealand's national airline is asking passengers to step on the scales before they board international flights.
May 31, 2023 10:11 AM
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Great-West Lifeco sells Putnam Investments to Franklin Templeton
WINNIPEG — Great-West Lifeco Inc. has signed a deal to sell U.S.-based asset manager Putnam Investments to Franklin Resources Inc. and agreed to a strategic partnership.
May 31, 2023 10:08 AM
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CAE reports fourth-quarter profit and revenue up from year ago
MONTREAL — CAE Inc. reported its fourth-quarter profit rose compared with a year ago as its revenue climbed more than 30 per cent. The flight simulator company says it earned net income attributable to equity holders of $98.
May 31, 2023 9:22 AM
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National Bank reports Q2 profit down from year ago, raises quarterly dividend
MONTREAL — National Bank of Canada raised its quarterly dividend and reported its second-quarter profit fell compared with a year ago as it faced higher non-interest expenses and increased provisions for bad loans.
May 31, 2023 8:21 AM
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Freedom Mobile workers seeking union after acquisition: Teamsters Canada
TORONTO — On the heels of the sale of Freedom Mobile, labour union Teamsters Canada said retail and call centre employees at the telecom company are interested in unionization. As a condition of the merger between Rogers Communications Inc.
May 31, 2023 4:00 AM
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China warns of artificial intelligence risks, calls for beefed-up national security measures
BEIJING (AP) — China’s ruling Communist Party has warned of the risks posed by advances in artificial intelligence while calling for heightened national security measures.
May 31, 2023 3:23 AM
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House rules panel advances debt ceiling and budget bill
WASHINGTON (AP) — The House Rules Committee voted 7-6 Tuesday to advance a bill dealing with the federal debt ceiling to the full House, with two Republicans joining Democrats to oppose. The full House is expected to vote Wednesday.
May 30, 2023 9:19 PM
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