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National Business
National Business
Canada averts recession with meagre growth in Q4, consumers and businesses pinched
OTTAWA — The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
Feb 29, 2024 11:42 AM
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TD fast-tracking investments to fix anti-money laundering deficiencies: CEO
TORONTO — TD Bank Group has identified where its deficiencies in anti-money laundering oversight are and is working to address them, said chief executive Bharat Masrani.
Feb 29, 2024 11:08 AM
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US applications for jobless benefits rise but remain historically low despite recent layoffs
More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year.
Feb 29, 2024 10:58 AM
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Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices
WASHINGTON (AP) — An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month .
Feb 29, 2024 10:43 AM
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Spin Master expecting challenging year in 2024, plans to launch new 'value' toys
TORONTO — Spin Master Corp. says it expects to face a challenging year in 2024 amid ongoing economic pressures on shoppers, but could see growth as it integrates U.S. toymaker Melissa & Doug following the closure of its acquisition.
Feb 29, 2024 10:40 AM
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Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%
CALGARY — Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier.
Feb 29, 2024 10:30 AM
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Best Buy's shares up after chain posts smaller-than expected sales decline for 4Q
NEW YORK (AP) — Best Buy's shares rose on Thursday as the nation's largest consumer electronics chain posted a smaller-than-expected sales decline for the fiscal fourth quarter, signaling that the bottom of spending on gadgets may be in sight.
Feb 29, 2024 10:03 AM
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First Quantum Minerals completes pair of key financing deals
TORONTO — First Quantum Minerals Ltd. has completed two key financing deals to raise a total of more than US$2 billion that it plans to use to repay other debt and for general corporate purposes.
Feb 29, 2024 9:55 AM
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One Tech Tip: Don't use rice for your device. Here's how to dry out your smartphone
LONDON (AP) — You were walking next to a swimming pool when you slipped and dropped your phone into the water. Or it slipped out of your hand when you were next to a filled bathtub or toilet. However your smartphone got wet, you now need to dry it.
Feb 29, 2024 9:11 AM
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Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector
Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.
Feb 29, 2024 8:17 AM
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