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The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a digital-first organization.
Nov 18, 2024 1:53 PM
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Northern Ontario First Nation says yes in referendum on possible nuclear waste site
A northern Ontario First Nation has decided it is willing to continue with the process to potentially become host to a deep geological repository for Canada's nuclear waste, leaving just one more community to weigh in before a site is selected.
Nov 18, 2024 1:24 PM
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones' Infowars at a bankruptcy auction, alleging fraud and collusion.
Nov 18, 2024 1:16 PM
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Manulife CEO Roy Gori to retire in May, Phil Witherington named next CEO
TORONTO — Roy Gori, chief executive of Manulife Financial Corp., will be stepping down from the role next May after pushing through some significant changes at the insurance giant since taking the helm in 2017.
Nov 18, 2024 12:36 PM
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Canada Post strike spells trouble for small businesses headed into holiday season
A Canada Post strike that has stopped mail delivery across the country has the small business community scrambling as their busiest selling season gets underway.
Nov 18, 2024 11:10 AM
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones' Infowars at a bankruptcy auction, alleging fraud and collusion.
Nov 18, 2024 11:06 AM
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Bus maker Lion Electric mulls sale of the company amid cash woes
MONTREAL — Lion Electric Co. is opening the door to a possible sale of the company as the electric bus maker struggles to staunch an ongoing cash bleed.
Nov 18, 2024 10:50 AM
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Canadian dollar weakness to persist into 2025, expert says
The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.
Nov 18, 2024 10:34 AM
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'Rare' case of RCMP seizing goats and sheep allowed to roam free in cornfield
SHERBROOKE, P.E.I. — RCMP say they seized more than 80 goats and two sheep from an owner who had been letting the animals roam free on a neighbouring property in Prince Edward Island.
Nov 18, 2024 9:24 AM
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CMHC reports annual pace of housing starts up eight per cent in October
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Nov 18, 2024 8:41 AM
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