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National Business

Ontario Energy Board pulls plug on Hydro One-Orillia Power Distribution deal

TORONTO — Ontario's premier suggests a rejection by the province's energy regulator for Hydro One's application to purchase the Orillia Power Distribution Corp. is a win for consumers that demonstrates the system is working.
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US job openings decline in February from record level

US job openings decline in February from record level

WASHINGTON — U.S. businesses posted fewer open jobs in February than the previous month when openings reached a record level, though layoffs fell. The Labor Department said Friday that openings fell 2.8 per cent to 6.05 million, down from 6.
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Cogeco Q2 profit surges on benefit of U.S. tax reforms and higher revenues

Cogeco Q2 profit surges on benefit of U.S. tax reforms and higher revenues

MONTREAL — Cogeco Communications Inc. net earnings surged in the second quarter thanks largely to deferred income taxes related to U.S. tax reforms. The Montreal-based company says its earnings attributable to shareholders were $138.
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100-year-old beef jerky company sold to Premium Brands by founding Oberto family

VANCOUVER — Premium Brands Holdings Corp. will expand its portfolio of specialty meats products with the acquisition of Seattle-based Oberto Sausage Company, a 100-year-old family-run business.
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China's March trade weakens, surplus with US at $15.4B

China's March trade weakens, surplus with US at $15.4B

BEIJING — China's global trade balance swung to a rare deficit in March as exports shrank but its surplus with the United States, the centre of a worsening dispute with Washington, stood at $15.4 billion. Exports contracted 2.
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AP sources: US, Emirates near deal to solve air subsidy spat

AP sources: US, Emirates near deal to solve air subsidy spat

WASHINGTON — The United States and the United Arab Emirates are nearing a deal to resolve a years-old spat over alleged government subsidies to Emirati airlines that the major U.S. airlines claim tilt the competition against them.
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North Korea's construction boom may build more than skyline

North Korea's construction boom may build more than skyline

PYONGYANG, Korea, Democratic People's Republic Of — Beachfront, five-star hotels? Skyscrapers just blocks from Kim Il Sung Square? North Korea is racing forward with major development projects some experts believe are aimed at expanding a market for
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Unite Here wins 18th victory over Unifor in battle for 24 Toronto-area hotels

TORONTO — A union local that represents nearly 8,000 hospitality workers in the Greater Toronto Area says it continues to represent employees of Four Points by Sheraton after they voted against joining Unifor.
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Backpage.com, CEO plead guilty to state, US charges

Backpage.com, CEO plead guilty to state, US charges

SACRAMENTO, Calif.
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Meeting with PM won't stop B.C.'s opposition to pipeline: Horgan

VICTORIA — A defiant British Columbia Premier John Horgan said he won't back down from his government's opposition to the Trans Mountain pipeline project when he meets Sunday with Prime Minister Justin Trudeau and Alberta Premier Rachel Notley.
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