business news stories

Rupert Murdoch calls off proposed Fox-News Corp merger

Rupert Murdoch has withdrawn his proposal to re-combine Fox Corp and News Corp.Fox said Tuesday its board received a letter from Murdoch, its chairman, and his son and Fox CEO…

September 4, 2024

Business News

Is the Bank of Canada making things worse?

Canadian households are reeling after what the Bank of Canada calls the fastest series of interest rate hikes in this country's history. The central bank says those hikes will cause…

July 18, 2023

Business News

TV news at a crossroads as financial strain deepens, experts say

BCE Inc.'s requests for the federal telecoms regulator to waive local news and Canadian programming requirements for its television stations is the latest signal that Canadian journalism is under threat,…

July 3, 2023

Business News

WestJet shutting down discount airline Swoop

WestJet is shutting down its budget airline, Swoop.The company made the announcement in a news release Friday, noting that the ratification of its recent deal with its pilots allows it…

June 26, 2023

Business News

Fed hikes rate: read the official statement

Article content Federal Reserve issues FOMC statement May 03, 2023 Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and…

May 11, 2023

Business News

Angry Fox News chief said fact-checks of Trump’s election lies ‘bad for business’ | FoxNews

The top executive at Fox News was furious one of the network's reporters was fact-checking Donald Trump's false claims about the 2020 election, writing in a December 2020 email that…

May 4, 2023