Business

Facebook owner Meta bans Russian state media outlets over ‘foreign interference activity’

Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry...

Canada’s inflation rate finally hit the Bank of Canada’s target. What does that mean for prices?

Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to...

Boeing says it’s considering temporary job cuts during factory worker strike

Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers' strike that began last...

New home construction down 22% in August, says CMHC

Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July.The...

A key employee says the Titan sub tragedy could have been prevented

OSHA officials did not immediately respond to a request for comment Tuesday.Earlier in the day, Lochridge said he frequently clashed with the company's co-founder...

U.S. Federal Reserve cuts interest rates by half a percentage point

The U.S. Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady...

Tupperware, pioneer of food storage and sales parties, files for bankruptcy

Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection.Tupperware, based in Orlando, Fla., plans to continue...

July boost in Canadian retail sales welcome, but more rate cuts needed: analysts

Canadian retail sales edged up in July, but economists say it will take further interest rate cuts to spark lasting activity.Statistics Canada said Friday that...

Metro Vancouver grain terminal workers union set to strike

Canada's grain farmers say a strike at Metro Vancouver terminals would cripple crop exports if it were allowed to take place.The Grain Growers of...

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