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Body of British tech magnate Mike Lynch is among those recovered from yacht wreckage, officials say

Body of British tech magnate Mike Lynch is among those recovered from yacht wreckage, officials say

PORTICELLO, Sicily (AP) — The Italian coast guard said Thursday the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called it unsinkable.
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U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

The number of Americans filing for unemployment benefits rose modestly last week, but the level of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.
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French destroyer in EU mission rescues 29 mariners from oil tanker stricken in Red Sea attacks

French destroyer in EU mission rescues 29 mariners from oil tanker stricken in Red Sea attacks

DUBAI, United Arab Emirates (AP) — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Thursday, while also destroying a bomb-carrying drone boat in the area.
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Loblaw piloting ultra-discount No Name grocery stores in Ontario

Loblaw piloting ultra-discount No Name grocery stores in Ontario

Loblaw is piloting a new ultra-discount grocery store in Ontario that promises to deliver even lower prices by stripping away even more frills. The first three No Name stores will open in September in Windsor, St.
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Municipalities say Alberta oilpatch policies harming tax base, public interest

Municipalities say Alberta oilpatch policies harming tax base, public interest

EDMONTON — Alberta's United Conservative government is trying to increase production from the province's declining conventional oil and gas fields at the expense of local tax bases, environmental oversight and the public interest, says the group repr
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Labor dispute stops Canadian freight railroads and could cause major economic disruption in US

Labor dispute stops Canadian freight railroads and could cause major economic disruption in US

TORONTO (AP) — Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S.
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As rail shutdown looms, business groups warn of dire consequences unless feds step in

As rail shutdown looms, business groups warn of dire consequences unless feds step in

MONTREAL — Hours away from an unprecedented potential shutdown at the country's two biggest railways, business groups ratcheted up their pleas for Ottawa to step in and prevent a work stoppage that would upend supply chains — while the prime minister
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Fears for traffic if rail stoppage halts B.C.'s West Coast Express

Fears for traffic if rail stoppage halts B.C.'s West Coast Express

MAPLE RIDGE, B.C. — A city councillor in Maple Ridge, B.C., worries about the potential shut down of the Lower Mainland's major commuter train in the event of a national rail stoppage. Coun.
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Newfoundland newspaper The Telegram reducing print run after Postmedia purchase

Newfoundland newspaper The Telegram reducing print run after Postmedia purchase

ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.
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TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation

TD Bank Group takes US$2.6B provision in Q3 on anti-money laundering investigation

TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.
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