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National Business
Fed saw evidence of a slowing economy at its last meeting
WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S.
Aug 17, 2022 4:12 PM
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Stocks slip on Wall Street, erasing weekly gains for S&P 500
NEW YORK — Stocks closed lower on Wall Street, led by drops in big technology companies and erasing the S&P 500′s gains for the week. The S&P 500 fell 0.7% Wednesday, while the Dow Jones Industrial Average and the Nasdaq also fell.
Aug 17, 2022 4:06 PM
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Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit
CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the way they distributed opioids to custome
Aug 17, 2022 3:55 PM
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Companies announce investment in major Alaska oil project
ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope.
Aug 17, 2022 1:51 PM
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CDPQ reports 7.9 per cent loss for first six months of 2022
MONTREAL — The Caisse de dépôt et placement du Québec reported a loss of 7.9 per cent for the first six months of this year.
Aug 17, 2022 12:21 PM
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The return of Zellers: Hudson's Bay to resurrect Canadian discount retail chain
Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations., brand owner Hudson’s Bay Co. said Wednesday.
Aug 17, 2022 12:08 PM
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US retail sales were flat in July as inflation takes a toll
WASHINGTON (AP) — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously. Retail purchases were flat after having risen 0.
Aug 17, 2022 10:31 AM
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Keyera and Canadian National Railway to evaluate Alberta terminal project
CALGARY — Keyera Corp. and Canadian National Railway Co. have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.
Aug 17, 2022 9:11 AM
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Increased loneliness, isolation a side effect of inflation for Canadian seniors
CALGARY — With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.
Aug 17, 2022 4:00 AM
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Western states hit with more cuts to Colorado River water
SALT LAKE CITY (AP) — For the second year in a row, Arizona and Nevada will face cuts in the amount of water they can draw from the Colorado River as the West endures more drought, federal officials announced Tuesday.
Aug 16, 2022 7:46 PM
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