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U.S. applications for jobless benefits fall again last week

U.S. applications for jobless benefits fall again last week

The number of Americans filing for jobless aid fell last week as the labor market remains resilient in the face of the Federal Reserve's interest rate increases meant to cool the economy. Applications for unemployment benefits in the U.S.
First Quantum suspends ore processing at Cobre Panama as dispute escalates

First Quantum suspends ore processing at Cobre Panama as dispute escalates

TORONTO — First Quantum Minerals Ltd. has suspended ore processing operations at its Cobre Panama mine. The stoppage is the latest escalation in its dispute with the Panamanian government over tax and royalty payments.
Young Canadians less confident in financial future than a year ago: RBC poll

Young Canadians less confident in financial future than a year ago: RBC poll

TORONTO — A new poll by RBC has found that Canadians aged 18 to 34 are much less confident today about their financial futures than they were a year ago.
Bombardier takes top spot for business jet production globally

Bombardier takes top spot for business jet production globally

Bombardier retained its position as the world's biggest business jet manufacturer in 2022, increasing its sales even as worries persisted around a possible economic slump.
Fed minutes: Almost all officials backed quarter-point hike

Fed minutes: Almost all officials backed quarter-point hike

WASHINGTON (AP) — Nearly all Federal Reserve policymakers agreed earlier this month to slow the pace of their rate increases to a quarter-point, with only “a few” supporting a larger half-point hike. The minutes from the Fed’s Jan. 31-Feb.
Flights face delays, cancellation as blizzard nears from U.S.

Flights face delays, cancellation as blizzard nears from U.S.

MONTREAL — Airlines are warning that travel to and from Central Canada may be affected by a winter storm sweeping in from the west.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,193.33, down 59.31): Suncor Energy Inc. (TSX:SU). Energy. Down $1.09, or 2.40 per cent, to $44.35 on 28.2 million shares.
S&P/TSX composite edges lower Wednesday, U.S. stock markets mixed

S&P/TSX composite edges lower Wednesday, U.S. stock markets mixed

TORONTO — Canada's main stock index edged lower Wednesday following Tuesday's slide, while U.S. markets were mixed, as the Federal Reserve minutes from the latest interest rate decision in the U.S.
CRTC to require notification from telecoms within two hours of outage

CRTC to require notification from telecoms within two hours of outage

OTTAWA — Canada's national telecommunications regulator is directing all service providers to notify it within two hours when they experience a network outage, something it notes is increasing in frequency.
Teck Resources' coal spinoff shows power of sustainable finance movement: experts

Teck Resources' coal spinoff shows power of sustainable finance movement: experts

CALGARY — Teck Resources' plan to separate its coal business from its base metals operations shows the power of the sustainable finance movement to influence corporate strategy, experts say.
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