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National Business
National Business
BMO receives regulatory approval for Bank of the West acquisition
TORONTO — BMO Financial Group has secured the all-clear from U.S. regulators to close its US$16.3-billion takeover of California-based Bank of the West from BNP Paribas. The deal, expected to close on Feb.
Jan 18, 2023 9:59 AM
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Postmedia to move 12 Alberta papers to digital-only, will make layoffs
TORONTO — Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing and laying off workers.
Jan 18, 2023 9:00 AM
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MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions
MONTREAL — MTY Food Group Inc. has raised its quarterly dividend as the operator and franchisor of restaurants like Cold Stone Creamery, Manchu Wok and Thai Express continues its post-pandemic rebound.
Jan 18, 2023 8:55 AM
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Competition Bureau asked by Saskatoon chamber to investigate flights in Saskatchewan
SASKATOON — The Greater Saskatoon Chamber of Commerce is asking the federal competition regulator to investigate Air sa¹ú¼Ê´«Ã½'s decision to end its flights between Saskatoon and Calgary and between Regina and Calgary.
Jan 18, 2023 8:33 AM
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Fed's Powell tests positive for COVID, has 'mild' symptoms
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms," the Federal Reserve announced.
Jan 18, 2023 7:46 AM
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Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps
TORONTO — When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates.
Jan 18, 2023 7:00 AM
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Wholesale inflation in US slowed further in December to 6.2%
WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.
Jan 18, 2023 6:44 AM
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Republicans, Democrats poised for battle as debt ceiling deadline looms Thursday
WASHINGTON — It's become a reliably consistent sideshow in U.S. congressional politics: Democrats and Republicans battling over a self-imposed limit on federal borrowing, a feud that often leads to standoffs and protracted government shutdowns.
Jan 18, 2023 1:00 AM
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BDC leads US$50M funding round for Calgary-based lithium company
CALGARY — A new fund launched in November by the Business Development Bank of sa¹ú¼Ê´«Ã½ to help foster the growth of homegrown climate technology has made its largest investment yet.
Jan 18, 2023 1:00 AM
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Qantas plane lands safely after mayday call made over ocean
SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.
Jan 17, 2023 9:05 PM
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