Daily News

'The deadlock must be broken, or all hands will go down with the ship' A judge has ordered boardroom changes and an independent assessment of Paramount Fine Foods’ financials to resolve a paralyzing dispute between prominent businessman Mohamad...

Colorado facility represents 21% of Suncor's refining capacity Extreme cold weather in the United States has knocked out operations at Suncor Energy Inc.’s Commerce City refinery in Colorado until late March. We apologi...

93-year-old co-founder of the DIY chain laments the lack of risk-taking in today’s business world Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made th...

Jamie Golombek: Many important tax figures have been substantially increased for 2023 Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links...

U.S. companies had a lot to overcome in the latter half of 2022 with rising interest rates, more budget-conscious consumers and a sagging stock market. That’s left some of them in very tough spots at the start of the new year. These five should be watched clo...

The anticipation of a slowdown in aggressive interest rate hikes, alongside a possible plateau in inflation, has some experts calling for an equity rebound in the TSX Composite Index by the second half of next year. “One of the most remarkable developments...

U.S. stocks fell for a second day and Treasury yields rose, as hopes for a year-end rally faltered. The S&P 500 dropped to the lowest level since early November as sentiment worsened on concern that the end of China’s zero-COVID policy could lead to a rise...

Canada's main stock index fell more than one per cent Wednesday, with broad-based losses led by the energy sector, while U.S. markets also fell by more than one per cent. The S&P/TSX composite index was down 222.55 points, or 1.14 per cent, to 19,284.10 on...

Wholesale power prices surged more than 6,000% in parts of the country during the worst of the recent brutal cold snap — a sign that Americans are likely to face significantly higher winter heating costs once the bills get mailed out. (Bloomber...

Pinning hopes on a resurgence in Chinese demand — to offset economic weakness elsewhere — is misplaced After a disastrous 2022, China should experience a pick-up in growth next year as COVID-19 controls are eased, but the related benefits may n...