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National Business
National Business
Stock market today: Wall Street drifts ahead of reports on inflation and big retailers' profits
NEW YORK (AP) — Wall Street drifted through a mixed Monday to open a week that could bring more action to financial markets, with several big reports on the calendar. The S&P 500 slipped 3.69 points, or 0.1%, to 4,411.55.
Nov 13, 2023 1:17 PM
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Average Canadian rent price hits new high for sixth consecutive month: report
The average asking price for a rental unit in sa¹ú¼Ê´«Ã½ reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row.
Nov 13, 2023 11:34 AM
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Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3
South Korean automaker Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers.
Nov 13, 2023 10:56 AM
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Sustainable funds see net outflows in Q3 for first time since 2020: Morningstar
TORONTO — Morningstar Inc. says sustainable investment funds saw $22.4 million in net outflows last quarter for the first dip in the segment since the second quarter of 2020.
Nov 13, 2023 9:57 AM
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Sumeru Equity Partners signs agreement to buy Q4 in deal valued at $257 million
TORONTO — Q4 Inc. has agreed to be taken private by a private equity firm in a deal valued at $257 million. Sumeru Equity Partners has agreed to pay $6.05 per share for Q4, which helps companies communicate with shareholders and hold virtual events.
Nov 13, 2023 9:06 AM
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Dye & Durham shares up after launching strategic review of non-core assets
TORONTO — Shares of Dye & Durham Ltd. were up more than 10 per cent in early trading after the company announced Monday that it has launched a strategic review of its non-core assets in an effort to reduce its debt.
Nov 13, 2023 7:53 AM
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Rescuers dig to reach 40 workers trapped in collapsed road tunnel in north India
LUCKNOW, India (AP) — Rescuers were digging through dirt and parts of a collapsed road tunnel Monday to reach 40 workers trapped by a landslide at the construction project in northern India.
Nov 13, 2023 6:33 AM
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Cargojet CEO Ajay Virmani moving to executive chair role, names co-CEOs
MISSISSAUGA, Ont. — Cargojet Inc. says founder and chief executive Ajay Virmani is stepping down and moving to the role of executive chair at the start of next year.
Nov 13, 2023 6:26 AM
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First Quantum ramping down ore processing at Cobre Panama due to boat blockade
TORONTO — First Quantum Minerals Ltd. says it has started to reduce ore processing operations at its Cobre Panama mine due to a blockade by small boats at the mine's port as protests against the company's new mining concession agreement continue.
Nov 13, 2023 5:20 AM
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Long-haul carrier Emirates opens Dubai Air Show with $52 billion aircraft purchase from Boeing
DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show with a $52 billion purchase of Boeing Co.
Nov 13, 2023 3:15 AM
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