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National Business
National Business
Cogeco reports profit of $19 million in third quarter as internet subscribers grow
MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $19.0 million for its third quarter, up from a loss of $34.5 million a year earlier. The company says revenue was $777.2 million, up from $767.
Jul 11, 2024 2:43 PM
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sa¹ú¼Ê´«Ã½ to work with Finland, U.S. on 'Ice Pact' to build icebreakers
OTTAWA — sa¹ú¼Ê´«Ã½ has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
Jul 11, 2024 1:42 PM
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S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump
TORONTO — sa¹ú¼Ê´«Ã½'s main stock index rose almost 200 points Thursday, helped by strength in the telecom, utility and energy sectors Meanwhile, U.S. stock markets were mixed as large tech names weighed on Wall St.
Jul 11, 2024 1:33 PM
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Writedowns, slow Canadian rebound weigh on MTY Food Group's second quarter
MONTREAL — MTY Food Group Inc. reported its second-quarter profit fell 10 per cent compared with a year ago as its sales edged lower.
Jul 11, 2024 1:24 PM
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Giller Prize to stick with Scotiabank as sponsor, despite mounting calls to drop it
TORONTO — The Scotiabank Giller Prize won't drop its lead sponsor, the organization's executive director announced as pressure mounted from some high-profile members of the literary community.
Jul 11, 2024 1:14 PM
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Stock market today: Most of Wall Street climbs on encouraging inflation report, but Big Tech slumps
NEW YORK (AP) — Most U.S. stocks rose after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
Jul 11, 2024 1:08 PM
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MLSE parts ways with Toronto FC, Argonauts president Bill Manning
TORONTO — Time ran out for Bill Manning, who oversaw Toronto FC and Argonaut championships in his role as president of the MLS and CFL teams.
Jul 11, 2024 1:01 PM
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A timeline of events in the Ontario Science Centre closure
TORONTO — Ontario infrastructure officials released more information Thursday about structural and mechanical issues facing the Ontario Science Centre, as well as a peer review of the original engineering report on roof panel problems, as they justif
Jul 11, 2024 12:21 PM
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Teck closes sale of coal business to Glencore in wake of federal approval
VANCOUVER — Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.
Jul 11, 2024 12:13 PM
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Marathon Oil reaches $241 million settlement with EPA for environmental violations in North Dakota
WASHINGTON (AP) — The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations in the Forth Berthold Indian Reservation in North Dakota.
Jul 11, 2024 10:48 AM
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