National Business

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.

ARLINGTON, Va. (AP) — Everyone aboard an American Airlines jet carrying 60 passengers and four crew members that collided with an Army helicopter was feared dead in what was likely to be the worst U.S.

MISSISSAUGA, Ont. — Chartwell Retirement Residences has signed a deal to buy a retirement residence complex in Montreal for $136 million.

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.

TORONTO — Rogers Communications Inc. reported a fourth-quarter profit of $558 million, up from $328 million a year earlier, as its revenue edged higher. The company says its profit amounted to $1.02 per diluted share for the quarter ended Dec.

CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.

FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate on Thursday, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political

CAPE CANAVERAL, Fla. (AP) — NASA’s two stuck astronauts took their first spacewalk together Thursday, exiting the International Space Station almost eight months after moving in.

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday.

VICTORIA — The British Columbia government has approved a legal order to extend temporary protections to an old-growth forest on Vancouver Island even as the minister of forests acknowledged that the RCMP are investigating reports of tree spiking in