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Capital One to buy Discover for $35 billion in deal that combines major US credit card companies
NEW YORK (AP) — Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's biggest lenders and credit card issuers.
Feb 19, 2024 7:05 PM
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Railway union warns work stoppage looms after CN, CPKC seek conciliation
MONTREAL — The union representing 9,300 workers at Canada's two biggest railways says public safety is at stake after contract negotiations ground to a halt this month, with a potential strike on the horizon.
Feb 19, 2024 2:55 PM
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Tax season officially kicks off with most Canadians' returns due by April 30
OTTAWA — Tax filing season has officially kicked off as Monday marked the first day that Canadians can begin filing their income tax returns online.
Feb 19, 2024 10:10 AM
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Houthi rebels' attack severely damages a Belize-flagged ship in key strait leading to the Red Sea
DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels that damaged a Belize-flagged ship traveling through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden has forced the crew to abandon the ship, authori
Feb 19, 2024 5:57 AM
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Economists expect inflation eased in January, but housing still 'thorn' in BoC's side
OTTAWA — As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are arguing that its decision shouldn't hinge on the housing market.
Feb 19, 2024 2:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release Tuesday its latest reading for inflation when it is expected to publish its consumer price index for January.
Feb 18, 2024 8:00 AM
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'Always a reason to buy beauty': Young shoppers keep cosmetics hot despite inflation
TORONTO — In Keon Zhang's household, it started with a rite of passage: his eight-year-old discovering a pimple. "She was like, 'Daddy, I need to get rid of them ...
Feb 18, 2024 5:00 AM
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CN, CPKC file requests for conciliation amid ongoing negotiations with union
CN and Canadian Pacific Kansas City both say they have filed requests for conciliation in ongoing collective agreement negotiations with the Teamsters Canada Rail Conference.
Feb 16, 2024 4:21 PM
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Manitoba denies environmental licence to sand project over drinking water concerns
WINNIPEG — The Manitoba government has nixed a contentious sand-extraction project that had been proposed by Sio Silica east of Winnipeg, citing concerns about drinking water.
Feb 16, 2024 3:28 PM
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S&P/TSX composite makes small gain, U.S. stock markets move lower
TORONTO — Strength in base metals and telecom helped Canada's main stock index post a small gain Friday, while U.S. markets moved lower.
Feb 16, 2024 3:23 PM
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