Skip to content

National Business

Wall Street adds more gains onto winning week; crypto falls

Wall Street adds more gains onto winning week; crypto falls

NEW YORK (AP) — Wall Street tacked more onto its stupendous surge from a day before, leaving the market with its biggest weekly gain since the summer. The S&P 500 rose 0.9% Friday, and the Nasdaq rose twice as much.
Crypto exchange giant FTX collapses, files for bankruptcy

Crypto exchange giant FTX collapses, files for bankruptcy

NEW YORK (AP) — It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court.
Twitter Blue signups unavailable after raft of fake accounts

Twitter Blue signups unavailable after raft of fake accounts

Twitter's relaunched premium service — which grants blue-check “verification” labels to anyone willing to pay $8 a month — was unavailable Friday after the social media platform was flooded by a wave of imposter accounts it itself had approved.
Sobeys data breach serves as wake-up call for industry: expert

Sobeys data breach serves as wake-up call for industry: expert

MONTREAL — A recent data breach on Sobeys has revealed a larger issue in Canada's agri-food sector, an expert said.
Despite FTX crisis, it's not the end for the crypto sector, says industry insider

Despite FTX crisis, it's not the end for the crypto sector, says industry insider

TORONTO — It's been a wild week in the crypto market following the collapse of exchange platform FTX, but an industry insider says that while the situation is probably one of the most unfortunate events in the history of the asset class, it's not the
Biden tightens methane emissions rule amid push for more oil

Biden tightens methane emissions rule amid push for more oil

SHARM EL-SHEIKH, Egypt (AP) — The Biden administration on Friday ramped up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil dr
Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February

Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February

TORONTO — Manulife Financial Corp. says it will name Don Lindsay as chair of the company's board early next year. Lindsay will replace John Cassaday, who will retire in February after 30 years on the Manulife board, including the past five as chair.
Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO

Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO

TORONTO — Gerry Schwartz, founder of Toronto-based private equity firm Onex Corp., will step down from his role as CEO of the company after nearly 40 years. The billionaire, who turns 81 this month, will remain chairman of Onex.
UN, Russia hold talks on extending wartime grain deal

UN, Russia hold talks on extending wartime grain deal

GENEVA (AP) — Top Russian and U.N.
Emera puts clean energy projects in Nova Scotia on hold after rate cap

Emera puts clean energy projects in Nova Scotia on hold after rate cap

HALIFAX — Emera Inc. is putting capital spending on clean energy projects in Nova Scotia on hold as it works through the consequences of the Nova Scotia government's imposed rate cap on the parent company of Nova Scotia Power.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks