Category: Business News

As the millionaire depositors in Silicon Valley Bank got all their money back courtesy of a US government agency, there were no doubt sighs of relief among those bank customers who would otherwise have been taken a severe financial beating.

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Novavax lost more than $600 million last year

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The head of Japan’s wrecked Fukushima nuclear plant says details of the damage inside its reactors are only beginning to be known 12 years after it was hit by a massive earthquake and tsunami, making it

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The number of homes for sale in Vancouver is inching up due to below-average sales activity, one of the few silver linings in a market that continued to operate at a sluggish level in February.

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According

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Tom Krisher And Mark Thiessen, The Associated Press – | Stories: 414415

Alaska’s rugged and frigid interior, where it can get as cold as -46 C, is not the place

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WINNIPEG, MAN. — Ingredient supplier Merit Functional Foods has been placed in receivership by a Canadian court. In a March 1 post on LinkedIn, Ryan Bracken, co-chief executive officer, wrote, “this means the end of Merit as it stands today.”

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Business insolvencies in January were 55.4 per cent higher than last year, according to new data by the Office of the Superintendent of Bankruptcy.

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The federal insolvency regulator on March 1 released its January 2023 statistics

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Nordstrom Inc. says it is winding down its Canadian operations and closing all 13 of its stores in the country.

The company filed for protection from its creditors this week under the Companies’ Creditors Arrangement Act, a Canadian law that

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It’s been almost exactly one year since the Bank of Canada began aggressively raising its key overnight lending rate. Since then, Canadian households have struggled with ever-increasing debt payments. Borrowing costs are up a stunning 425 basis points in the

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Microsoft is ready to take its new Bing chatbot mainstream — less than a week after making major fixes to stop the artificial intelligence (AI) search engine from going off the rails.

The company said Wednesday it is bringing the

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