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National Business
S&P/TSX composite rises after New Year's break, U.S. stocks down
TORONTO — Energy and base metals stocks led Canada's main stock index higher on the first trading day of 2025, while U.S. stock markets started the year in the red.
Jan 2, 2025 4:51 PM
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Stock market today: Wall Street slips to kick off 2025 as Tesla drags
NEW YORK (AP) — U.S. stock indexes slipped to start 2025. The S&P 500 fell 0.2% Thursday, marking its first five-day losing streak since April. The Dow Jones Industrial Average fell 0.
Jan 2, 2025 4:06 PM
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Starting this year, income assistance in N.S. to be tied to consumer price index
HALIFAX — Nova Scotia's decision to start indexing income assistance is a positive step, but it isn't enough to lift people out of poverty, says the head of a non-profit that supplies 140 food banks in the province. Income assistance rates rose by 3.
Jan 2, 2025 4:04 PM
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Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.
Jan 2, 2025 3:13 PM
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Toys "R" Us Canada closing five stores, expand HMV and add play spaces to some shops
Toys "R" Us Canada says it is closing five Ontario stores and revamping several others as it works to "optimize" its business.
Jan 2, 2025 2:46 PM
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Calgary home sales down in December but still above long-term trends: board
CALGARY — Calgary home sales declined in December from the previous year's levels but remained nearly 20 per cent higher than long-term trends. The Calgary Real Estate Board says 1,322 homes changed hands last month, which was 2.
Jan 2, 2025 2:22 PM
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BlackBerry renames Internet of Things business to QNX
BlackBerry Ltd. says it is changing the name of its Internet of Things business. The Waterloo, Ont.-based technology firm says the business previously called BlackBerry IoT will now be known as QNX.
Jan 2, 2025 2:04 PM
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US unemployment claims fall to 211,000, the lowest level since March
WASHINGTON (AP) — The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most U.S. workers continue to enjoy unusually high job security .
Jan 2, 2025 11:55 AM
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Pembina completes acquisition of stake in Whitecap assets
CALGARY — Pembina Pipeline Corp. says its subsidiary Pembina Gas Infrastructure Inc. (PGI) has completed its previously announced acquisition of a 50 per cent stake in Whitecap Resources Inc.'s Kaybob complex natural gas processing facility.
Jan 2, 2025 11:29 AM
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Thomson Reuters acquires owner of tax software firm SafeSend for $600 million
TORONTO — Thomson Reuters Corp. says it has acquired a U.S. tax and accounting software business for $600 million. The Michigan-based company is called cPaperless LLC but operates under the SafeSend name. It has 235 employees.
Jan 2, 2025 10:17 AM
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