News/Business (Page 14)

Business Hours after a series of outages Monday left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a “massive cyberattack.” Musk says attackers had IPs ‘originating in the Ukraine area’; experts say that doesn’t mean muchThe Associated Press · Posted:Continue Reading

Millions of dollars and thousands of jobs are in flux for Canadian businesses, as constant changes to tariffs mean companies based in this country are either avoiding financial decisions or feel they are unable to make them. From large multinationals to small outfits with less than a dozen employees, the repetitive cryContinue Reading

Canada’s oldest retailer, Hudson’s Bay Co., has filed for creditor protection and intends to restructure the business. The department store company that dates back to 1670 says it has been facing “significant” pressures including subdued consumer spending, trade tensions between the U.S. and Canada and post-pandemic declines in downtown store traffic.Continue Reading

Business Canada’s unemployment rate was unchanged in February, holding steady at 6.6 per cent, Statistics Canada said Friday, as population growth loses steam and tariff uncertainty shakes the labour market. Jobless rate held steady at 6.6% last month as population growth slows Jenna Benchetrit · CBC News · Posted: Mar 07,Continue Reading

Several Sunwing passengers say the airline needs to be held accountable after many flight cancellations and delays last month, including cases where it abruptly cancelled vacations with no rebooking offers or delayed return flights for days. “This wasn’t just a matter of inconvenience, it was a traumatic event,” said Hans Roach. Sunwing stranded theContinue Reading

Business Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival. Planning a U.S. IPO of shares in North American 7-ElevenContinue Reading

Business What does your smartphone have in common with a solar panel, or an EV battery, or a piece of military equipment? They’re all made using critical minerals — an essential ingredient in powering the modern technology we use every day. Scarce resources are at the heart of a fight for techContinue Reading

Business Canadians’ wallets will likely be the victim of a prolonged trade war with the U.S., with the prices on consumer goods potentially rising over the next weeks, some analysts say. Some prices could actually drop — but only briefly Mark Gollom · CBC News · Posted: Mar 05, 2025 4:00Continue Reading

Stocks racked up more losses on Wall Street on Tuesday as a trade war between the U.S. and its key trading partners escalated, with a brief bounce-back in technology stocks failing to reverse overall losses amid shaky global markets.  Just after midnight, the U.S. imposed tariffs on imports from Canada and Mexico, andContinue Reading