The Canadian Press WHITE PLANES, N.Y. — A class-action lawsuit filed in a U.S. court alleges six Canadian banks and three others conspired to increase the profitability of their derivatives trading business by manipulating an interest rate benchmark for about seven years. The Fire & Police Pension Association of Colorado […]
National Business
By Tom Krisher And Dee-Ann Durbin The Associated Press DETROIT — The competition for full-size pickup truck customers in the U.S. is as rough-and-tumble as ever, with Ram and Chevrolet rolling out brawny-looking new models that are larger, lighter and more efficient than their predecessors. For the first time in […]
The Associated PressMarley Jay NEW YORK–The Dow Jones industrial average burst through the 25,000 point mark yesterday, just five weeks after its first close above 24,000. The Dow passed five 1,000-point barriers in 2017 on its way to a 25 percent gain for the year as an eight-year rally since […]
By Marley Jay The Associated Press NEW YORK — The Dow Jones industrial average burst through the 25,000 point mark Thursday, just five weeks after its first close above 24,000. The Dow passed five 1,000-point barriers in 2017 on its way to a 25 per cent gain for the year, […]
By David Paddon The Canadian Press TORONTO — Defined-benefit pension plans in Canada generally ended 2017 in better financial condition than they’ve experienced for most of the past decade, according to figures released Wednesday by Mercer. The international pension consulting firm’s Canadian index of pension health based on a hypothetical, […]
By Ross Marowits The Canadian Press MONTREAL — Some Canadian companies that earn a high share of their revenues in the United States stand to save big from a large reduction in the corporate tax rate, say industry experts. New Flyer (TSX:NFI) and Boyd Group Income Fund (TSX:BYD.UN), which earn […]
By Aleksandra Sagan The Canadian Press VANCOUVER — Loblaw Companies Ltd. is offering customers a $25 gift card as a goodwill gesture after admitting the company participated in an industry-wide bread price-fixing arrangement. “This conduct should never have happened,” said Galen G. Weston, CEO, during a conference call with analysts […]
The Canadian Press MONTREAL — The Canadian Securities Administrators has issued a warning about risks associated with products linked to cryptocurrencies as interest in the space continues to rise. The umbrella organization for Canada’s provincial and territorial securities regulators singled out futures contracts in its warning, noting that while they […]
The Associated Press ATLANTA–Minutes after its midnight deadline to get the electricity back on at the world’s busiest airport, Georgia Power announced early today that power had been fully restored to Hartsfield-Jackson Atlanta International, where more than 1,000 flights were grounded just days before the start of the Christmas travel […]
The Canadian PressDavid Paddon TORONTO–Canadian supporters of “net neutrality” say a U.S. regulator’s vote to repeal Obama-era restraints on internet service providers is a step in the wrong direction because it will tip the balance of power towards large commercial interests. The head of CIRA, the organization that registers and […]
The Associated PressMarcia Dunn CAPE CANAVERAL, Fla.–A record-tying eighth planet has been found in a faraway solar system, matching our own in number. Even more amazing, machines and not humans made the discovery. NASA joined with Google yesterday to announce the finding. This eighth planet orbits the star known as […]
By David Paddon The Canadian Press TORONTO — Canadian supporters of “net neutrality” say a U.S. regulator’s vote to repeal Obama-era restraints on internet service providers is a step in the wrong direction because it will tip the balance of power towards large commercial interests. The head of CIRA the […]
