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Desjardins to cut close to 400 jobs amid economic uncertainty

Desjardins to cut close to 400 jobs amid economic uncertainty

MONTREAL — Desjardins Group says it is cutting close to 400 jobs as it responds to economic uncertainty.
Honda to produce Civic Hybrid in Ontario and Indiana starting next year

Honda to produce Civic Hybrid in Ontario and Indiana starting next year

ALLISTON, Ont. — Japanese automaker Honda says it will start producing the Civic Hybrid next year at its plant in Alliston, Ont. The company says the Ontario plant will produce the sedan version of the car.
Stock market today: Wall Street is mostly flat as bond yields continue to climb

Stock market today: Wall Street is mostly flat as bond yields continue to climb

BANGKOK — Wall Street isn’t moving much, but a swirl of competing forces are pushing and pulling on markets under the seemingly calm surface.
Applications for US jobless benefits fall to lowest level in more than 8 months

Applications for US jobless benefits fall to lowest level in more than 8 months

Applications for unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market.
Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

HELSINKI (AP) — Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit.
BMO ranks highest in annual J.D. Power customer satisfaction study

BMO ranks highest in annual J.D. Power customer satisfaction study

TORONTO — As higher interest rates and the cost of living increasingly pinch Canadians' wallets, consumers ranked BMO highest in J. D. Power's annual customer satisfaction survey.
Trucking firm Mullen Group reports $39.1M Q3 profit, revenue edges lower

Trucking firm Mullen Group reports $39.1M Q3 profit, revenue edges lower

OKOTOKS, Alta. — Mullen Group Ltd. reported a third-quarter profit of $39.1 million, up from $38.0 million in the same quarter last year as its revenue edged lower.
Escalating theft and violence aside, London Drugs not considering closures: president

Escalating theft and violence aside, London Drugs not considering closures: president

VANCOUVER — London Drugs president and chief operating officer Clint Mahlman has seen a lot in his nearly 40 years with the company, but he says the company has no plans to close stores due to escalating violence and theft, though the issue has reach
Impact assessment law ruling could 'reset' Canadian energy policy landscape: CAPP

Impact assessment law ruling could 'reset' Canadian energy policy landscape: CAPP

CALGARY — Last week's ruling by the Supreme Court of Canada against large portions of the federal government's impact assessment law could reset the policy landscape in this country in favour of energy development, the head of a major oil and gas lob
St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

MONTREAL — Unifor says workers at the St. Lawrence Seaway Corp. are ready to strike as of midnight Saturday. It says it has issued a 72-hour strike notice to the employer and will bargain through Thursday in an attempt to reach a deal.