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National Business
National Business
UK unemployment ascent accelerates amid winter job fears
LONDON — Unemployment in the U.K.
Oct 13, 2020 1:10 PM
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Porter pushes back restart of flight operations by five weeks to mid-December
TORONTO — Porter Airlines Inc. is extending its suspension of all flights until Dec. 15, five weeks after its previously announced target to resume flying.
Oct 13, 2020 12:59 PM
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Gold miners share wealth from high prices with dividend increases for shareholders
CALGARY — Investors in Canadian gold mining companies are being rewarded with higher dividends as gold prices settle near US$1,900 per ounce after setting record highs above US$2,070 in August. Toronto-based Kirkland Lake Gold Ltd.
Oct 13, 2020 12:52 PM
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Rich get richer, poor poorer: Two reports say pandemic intensifying inequalities
A pair of new reports say Canada is undergoing a "K-shaped recovery," with working-class Canadians going deeper into debt while those at the top prosper.
Oct 13, 2020 11:04 AM
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IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
Oct 13, 2020 10:32 AM
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Wave of 'Nutcracker' cancellations hits dance companies hard
COLUMBUS, Ohio — For many, it's not Christmas without the dance of Clara, Uncle Drosselmeyer, the Sugar Plum Fairy, the Mouse King and, of course, the Nutcracker Prince.
Oct 13, 2020 10:29 AM
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Uptick for retiree checks in 2021 amid coronavirus worries
WASHINGTON — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
Oct 13, 2020 8:52 AM
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Caisse buying portfolio of solar power assets in Spain from Q-Energy
MONTREAL — The Caisse de depot et placement du Quebec has signed a deal to buy a portfolio of solar power assets in Spain from Q-Energy. Financial terms of the agreement were not immediately available.
Oct 13, 2020 8:27 AM
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2 Stanford economists win Nobel prize for improving auctions
STOCKHOLM — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up paying for electricity, and the way governments sell off the public airwaves to telecom companies and broadcasters.
Oct 12, 2020 4:54 PM
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Facebook bans Holocaust denial, distortion posts
Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genocide.
Oct 12, 2020 3:11 PM
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