Skip to content

National Business

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

SEATTLE (AP) — Changpeng Zhao, founder of the world's largest cryptocurrency exchange, was sentenced Tuesday to four months in prison for looking the other way as criminals used the platform to move money connected to child sex abuse, drug traffickin
TD takes US$450M provision related to U.S. inquiry over anti-money laundering program

TD takes US$450M provision related to U.S. inquiry over anti-money laundering program

TORONTO — TD Bank Group says it has taken an initial provision of US$450 million in connection to the ongoing U.S. regulatory inquiry into its anti-money laundering compliance program. The bank says its discussions with three U.S.
US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance

US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance

WASHINGTON (AP) — The U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,714.54, down 297.08 points): Enbridge Inc. (TSX:ENB). Energy. Down 20 cents, or 0.41 per cent, to $48.95 on 13.5 million shares.
To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji

To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji

FUJIKAWAGUCHIKO, Japan (AP) — The town of Fujikawaguchiko has had enough of tourists.
A look at the divestment demands by McGill University protesters

A look at the divestment demands by McGill University protesters

MONTREAL — Pro-Palestinian activists have set up protest camps at McGill and a small number of other Canadian universities, following a wave of action seen at U.S. campuses.
Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana

Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana

TORONTO — Canadian cannabis stocks soared Tuesday afternoon after The Associated Press reported the U.S. Drug Enforcement Agency will move to reclassify marijuana as a less dangerous drug. Canopy Growth Corp. closed up 80 per cent at $20.
S&P/TSX composite down almost 300 points, U.S. stock markets also drop

S&P/TSX composite down almost 300 points, U.S. stock markets also drop

TORONTO — Canada's main stock index lost almost 300 points Tuesday in a broad-based decline led by energy and base metals, while U.S. markets also slid ahead of the central bank's upcoming interest rate decision.
Stock market today: An ugly April for Wall Street gets even worse as it crosses the finish line

Stock market today: An ugly April for Wall Street gets even worse as it crosses the finish line

NEW YORK (AP) — U.S. stocks closed out their ugly April with even more losses, cementing the market’s worst month since September. The S&P 500 fell 1.6% Tuesday to pull it further from its record set at the end of March.
Loblaw-owned Dominion grocery workers' new deal an 'important victory': expert

Loblaw-owned Dominion grocery workers' new deal an 'important victory': expert

Unifor has achieved an "important victory" after grocery workers at 11 Loblaw-owned Dominion stores in Newfoundland ratified a new deal Monday, a labour expert said.