Skip to content
Join our Newsletter

National Business

Purdue Pharma and owners to pay $7.4 billion in settlement to lawsuits over the toll of OxyContin

Purdue Pharma and owners to pay $7.4 billion in settlement to lawsuits over the toll of OxyContin

Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.
Read more >
Purdue Pharma owners could pay $7.4 billion in new settlement to lawsuits over the toll of OxyContin

Purdue Pharma owners could pay $7.4 billion in new settlement to lawsuits over the toll of OxyContin

Members of the family who own OxyContin maker Purdue Pharma agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription painkiller, New York Attorney General Letitia James announced Thursday.
Read more >
Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting

Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting

OMAHA, Neb. (AP) — Union Pacific reported 7% more fourth-quarter profit as the railroad prepared to deal with whatever challenges President Donald Trump's administration or the economy might present.
Read more >
S&P/TSX composite up nearly 100 points, U.S. stock markets mixed

S&P/TSX composite up nearly 100 points, U.S. stock markets mixed

TORONTO — Canada's main stock index was up nearly 100 points in late-morning trading, helped by strength in industrial and utility stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was up 92.11 points at 25,403.61.
Read more >
Statistics Canada reports November retail sales flat at $67.6 billion

Statistics Canada reports November retail sales flat at $67.6 billion

OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.
Read more >
More Americans file for unemployment benefits last week, continuing claims highest in 3 years

More Americans file for unemployment benefits last week, continuing claims highest in 3 years

Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Read more >
'There's going to be a lot more noise': Investing strategies in the time of Trump

'There's going to be a lot more noise': Investing strategies in the time of Trump

TORONTO — The roller-coaster governance model of Donald Trump is already back on display: he was quiet on tariffs during his inauguration day, only to say later that evening they could be coming by February. The actual plan remains unclear.
Read more >
Tesla raising prices for its vehicles in Canada by up to $9,000 starting Feb. 1

Tesla raising prices for its vehicles in Canada by up to $9,000 starting Feb. 1

TORONTO — Tesla Inc. says it is raising prices by up to $9,000 starting Feb. 1 on its Model 3 vehicle, the cheapest in its lineup. The company says it will also be raising prices on the Model Y, X and S by $4,000 at the same time.
Read more >
Stock market today: Wall Street drifts near its record as a recent rally loses steam

Stock market today: Wall Street drifts near its record as a recent rally loses steam

NEW YORK (AP) — U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to the edge of its all-time high set in early December.
Read more >
More Americans file for unemployment benefits last week, continuing claims highest in 3 years

More Americans file for unemployment benefits last week, continuing claims highest in 3 years

Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Read more >