National Business

TORONTO — Hudson's Bay insiders, including its head honcho Richard Baker, have until the end of Monday to declare whether they're interested in making a bid for any of the ailing company's assets or leases.

Rain and localized flooding complicated the weeklong effort to restore power to thousands of Ontario homes and businesses, officials said Saturday, as a series of punishing spring storms threatened to keep hard-hit communities in the dark into next w

TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S.

WASHINGTON (AP) — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S.

Steep U.S. tariffs on all imported vehicles are set to drive prices, already high in part because of pandemic-related disruptions, higher still for both new and used cars, experts say.

ORILLIA — Prolonged power outages after spring storms could extend into next week in some Ontario communities, officials said Friday, as one Orillia-area resident described the aftermath of last weekend's ice storm as a "war zone.

NEW YORK (AP) — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week.

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector's outlook should the weakness persist. West Texas Intermediate crude, the key U.S.

WEST PALM BEACH, Fla. (AP) — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S.

TORONTO — Canadian and U.S. stock markets sank for a second straight day Friday, marking even sharper losses than Thursday as U.S. President Trump's tariffs continue to stir recession fears.