Skip to content
-3.5 °Cforecast >
Partly Cloudy

National Business

Lawyer: Client subpoenaed in Fox federal securities inquiry

NEW YORK — Federal prosecutors recently subpoenaed a former Fox News employee to testify before a grand jury investigating how 21st Century Fox Inc. handled a sexual harassment scandal, according to her lawyer.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (up 19.22 points to 15,864.17, a record high) : Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down eight cents, or 3.10 per cent, to $2.

Markets Right Now: US indexes pull back, end mixed

NEW YORK — The latest on developments in financial markets (All times local): 4:00 p.m. Stocks ended mostly lower, ending the longest winning streak in more than three years for the Standard & Poor's 500 index.

At least 1 hurt after Oklahoma oil field explosion

OKLAHOMA CITY — At least one person was hurt Thursday after an oil field explosion in eastern Oklahoma, authorities say. The Oklahoma Highway Patrol says the explosion happened near Quinton in Pittsburg County, about 100 miles southeast of Tulsa.
Colorado warms to pot clubs despite federal uncertainty

Colorado warms to pot clubs despite federal uncertainty

DENVER — At risk of raising the ire of the White House, Colorado is on the brink of becoming the first state with licensed pot clubs. But the details of how these clubs will operate are as hazy as the underground clubs operating already.
House GOP struggles for consensus on replacing health law

House GOP struggles for consensus on replacing health law

WASHINGTON — House Republican leaders sketched broad outlines of a replacement for President Barack Obama's health care law that left rank-and-file GOP members at odds and questioning details and timing of how the GOP intends to deliver on its long-p

U.S. regulators approve Enbridge's $37-billion Spectra Energy takeover

CALGARY — Enbridge Inc. says the U.S. Federal Trade Commission has approved its proposed takeover of Spectra Energy Corp. in what will be the largest foreign takeover by a Canadian company.

Kimberley's SunMine solar farm shines in first full year of operation.

KIMBERLEY, B.C. — A former lead and zinc mine in southeastern British Columbia has generated a small profit in its first full year of operation as a solar farm.

Canadian Tire posts 10% gain in Q4 profits, sees sales up in all retail banners

TORONTO — Canadian Tire reported strong earnings for the fourth quarter, as the national retailer saw sales spike across all its divisions. The Toronto-based company (TSX:CTC.
US home building falls as developers start fewer apartments

US home building falls as developers start fewer apartments

WASHINGTON — U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction. The number of new housing starts declined 2.6 per cent in January to a seasonally adjusted annual rate of 1.