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Toronto island airport lease extended for up to 12 years

Toronto island airport lease extended for up to 12 years

TORONTO — Toronto city council is granting the island airport a lease extension that would keep the hub open for at least another two decades.
Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past

Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past

WASHINGTON (AP) — Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday.
US filings for jobless benefits jump to 258,000, the most in more than a year

US filings for jobless benefits jump to 258,000, the most in more than a year

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market.
Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago

Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago

LEAMINGTON, Ont. — Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of US$55.9 million in the same quarter last year, as its net revenue rose 13 per cent.
Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow.
Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86

Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at 86

NEW DELHI (AP) — Ratan Tata, a former chairman of Indian conglomerate Tata Sons hailed as a visionary business leader, died at a Mumbai hospital on Wednesday night. He was 86.
Rustad changes story after BC Coroners Service says no record of fatal overdose

Rustad changes story after BC Coroners Service says no record of fatal overdose

VANCOUVER — B.C. Conservative Leader John Rustad has changed his story about seeing a man die of a drug overdose on his way to a televised election debate, after the BC Coroners Service said it had no record of such a death where he said it occurred.
Manitoba agency penalizes landlord after tenants say they were ousted on short notice

Manitoba agency penalizes landlord after tenants say they were ousted on short notice

WINNIPEG — A Winnipeg landlord has been assessed $9,000 in penalties after dozens of tenants were evicted on short notice from an apartment block.
Feds moving ahead with sustainable investing guidelines, but details still scarce

Feds moving ahead with sustainable investing guidelines, but details still scarce

TORONTO — Finance Minister Chrystia Freeland said Wednesday that the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.
Canaccord Genuity names former RBC exec Nadine Ahn as deputy CFO

Canaccord Genuity names former RBC exec Nadine Ahn as deputy CFO

TORONTO — Canaccord Genuity Group Inc. says it has named former RBC executive Nadine Ahn as deputy chief financial officer, with the expectation that she'll step into the top CFO role next year.