National Business

MONTREAL — Aldo Group Inc. says it has completed a restructuring process it launched in May 2020 when it filed for creditor protection amid COVID-19 pandemic shutdowns.

TORONTO — Nearly one third of Canadian cannabis retail employees hired over the last year already left their jobs and 24 per cent didn't even make it past their first month, a new study says.

NEW YORK (AP) — Stocks closed lower on Wall Street Thursday and banks were among the biggest weights on the market following weak earnings and a warning from JPMorgan Chase. The S&P 500 fell 0.3% and the Dow Jones Industrial Average lost 0.5%.

CALGARY — WestJet Airlines' check-in services have been restored, after a temporary system outage caused flight delays and snarled travel across Canada Thursday morning.

TORONTO — As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices won't be coming down anytime soon.

WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve's Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed's key short-term interest rate later this month if upcoming ec

BILLINGS, Mont. (AP) — U.S.

HALIFAX — Closing the employment gap for Indigenous youth in Atlantic Canada is key to easing the region's acute labour shortage, new research released Thursday said.

ROME (AP) — Italian Premier Mario Draghi has told his Cabinet he will offer his resignation on Thursday evening to the president, following the refusal of a coalition ally to support a government bill.

OTTAWA — Canadian manufacturing sales fell 2.0 per cent to $71.6 billion in May as auto production fell in the month, Statistics Canada said Thursday.