Boeing's financial woes continue, while families of crash victims urge U.S. to prosecute the company
CTV News » Business Headlines
by The Associated Press
11h ago
Boeing said Wednesday that it lost US$355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers ..read more
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New condo sales in the Toronto area hit low not seen since financial crisis
CTV News » Business Headlines
by Miriam Katawazi
13h ago
New condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found ..read more
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What is changing about Canada's capital gains tax and how does it impact me?
CTV News » Business Headlines
by Christl Dabu
15h ago
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move ..read more
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TikTok may be banned in the U.S. Here's what happened when India did it
CTV News » Business Headlines
by The Associated Press
17h ago
The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to U.S. President Biden for his signature. In India, the app was banned nearly four years ago ..read more
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Bank of Canada officials split on when to start cutting interest rates
CTV News » Business Headlines
by The Canadian Press
17h ago
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month ..read more
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Microsoft and Amazon face scrutiny from U.K. competition watchdog over recent AI deals
CTV News » Business Headlines
by The Associated Press
19h ago
British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry ..read more
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Ex-SNC executive sentenced to prison term in bridge bribery case
CTV News » Business Headlines
by The Canadian Press
19h ago
The RCMP says a former SNC-Lavalin executive has been sentenced to three and a half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal ..read more
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Competition bureau finds 'substantial' anti-competitive effects with proposed Bunge-Viterra merger
CTV News » Business Headlines
by David Prisciak
1d ago
The proposed merger of agricultural giants Viterra and Bunge is raising competition concerns from the federal government ..read more
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Tesla's first-quarter net income tumbles as falling global sales and price cuts reduce profits
CTV News » Business Headlines
by The Associated Press
2d ago
Tesla's first-quarter net income plummeted 55 per cent as falling global sales and price cuts sliced into the electric vehicle maker's revenue and profit margins ..read more
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Liquor sales are a possibility in Alberta grocery stores, but expect pushback
CTV News » Business Headlines
by Timm Bruch
2d ago
Alberta's alcohol industry is pushing back against a provincial government consideration to allow liquor sales in grocery and convenience stores ..read more
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