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BRP expanding pontoon boat capacity in Michigan, creating close to 200 jobs
VALCOURT, Que. — BRP Inc. is expanding its Manitou pontoon boat manufacturing capacity in Michigan in a move that will create close to 200 new jobs and nearly double its workforce in the state.
Mar 17, 2022 12:19 PM
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'Workcations' embraced by Canadians, companies looking to improve work-life balance
TORONTO — When the winter doldrums set in earlier this year, Scott Taber headed for warmer climes but he didn’t leave work behind.
Mar 17, 2022 12:00 PM
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Amazon closes $8.5B deal to acquire Hollywood studio MGM
Amazon announced Thursday it has closed its acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets. The retail giant had announced the $8.
Mar 17, 2022 11:03 AM
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Major UK ferry operator fires 800 crew after pausing service
LONDON (AP) — P&O Ferries, one of the largest ferry operators serving the United Kingdom, fired 800 crew members with “immediate" effect, saying Thursday that the company’s survival depends on “swift and significant changes.
Mar 17, 2022 10:04 AM
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Bank of England raises rates as Ukraine war boosts inflation
LONDON (AP) — The Bank of England raised its key interest rate Thursday for the third time since December as it pushes ahead faster than other central banks in combating a global wave of inflation that is set to accelerate following Russia’s invasion
Mar 17, 2022 9:06 AM
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Fewer Americans file for jobless claims last week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound.
Mar 17, 2022 8:51 AM
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MDA reports $600,000 Q4 profit, revenue up 15 per cent from year ago
BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $600,000 compared with a loss of $12.6 million in the last three months of 2020 as its revenue rose 15 per cent.
Mar 17, 2022 7:50 AM
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Emirati-flagged cargo ship sinks in Persian Gulf off Iran
DUBAI, United Arab Emirates (AP) — An Emirati-flagged cargo ship sank Thursday off Iran in the Persian Gulf in poor weather, authorities said, with rescuers attempting to account for all of its 30 crew members. Capt.
Mar 17, 2022 4:54 AM
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Fed begins inflation fight with key rate hike, more to come
WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year.
Mar 16, 2022 6:15 PM
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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 (21,468.83, up 280.99 points.) Enbridge Inc. (TSX:ENB). Energy. Down 41 cents, or 0.7 per cent, to $55.82 on 10.8 million shares.
Mar 16, 2022 5:40 PM
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