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Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines tumbled more than 7% on Wednesday morning and took the rest of the industry down with them after the carrier gave a gloomy outlook for fourth-quarter profit, which will be reduced by rising jet fuel prices.
CMHC reports annual pace of housing starts up in September

CMHC reports annual pace of housing starts up in September

OTTAWA — sa¹ú¼Ê´«Ã½ Mortgage and Housing Corp. says the annual pace of housing starts in September rose eight per cent compared with August.
US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

WASHINGTON (AP) — The U.S.
A&W Revenue Royalties Income Fund reports Q3 profit up from year ago

A&W Revenue Royalties Income Fund reports Q3 profit up from year ago

VANCOUVER — A&W Revenue Royalties Income Fund says it earned $10.6 million in net income in its third quarter up from $9.6 million a year earlier. The fast food income fund says the increase for the quarter ended Sept.
China's economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures

China's economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures

HONG KONG (AP) — China’s economy slowed in the third quarter, amid muted global demand, deflationary pressures and an ailing property sector. The world’s second-largest economy grew 4.9% year-over-year in the July-September quarter, beating the 4.
Free legal advice on sexual assault launched by sa¹ú¼Ê´«Ã½ non-profit

Free legal advice on sexual assault launched by sa¹ú¼Ê´«Ã½ non-profit

VANCOUVER — A free and confidential legal service is now being offered to people who have been sexually assaulted in British Columbia.
Real estate sector likely relieved after OSFI response on mortgage proposals: expert

Real estate sector likely relieved after OSFI response on mortgage proposals: expert

TORONTO — The real estate industry is likely breathing a sigh of relief after sa¹ú¼Ê´«Ã½'s banking regulator signalled it might not move ahead with some proposed tightening of its mortgage lending rules, says one mortgage expert.
Unifor sets Oct. 29 for Stellantis strike deadline as talks set to begin

Unifor sets Oct. 29 for Stellantis strike deadline as talks set to begin

TORONTO — Unifor says it will officially begin contract negotiations with Stellantis on Wednesday and has set a strike deadline of Oct. 29 at 11:59 p.m. Talks with Stellantis come after union members at both Ford Motor Co. and General Motors Co.
Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices

Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices

NEW YORK (AP) — Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled with higher prices, rising interest rates and a host of other headwinds piling up.
Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

OTTAWA — Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices.