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Canada moves to end rail shutdown quickly; CN workers to return to work Friday
Workers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage.The union said the work […] This post is only…
Railways say lockouts ending after federal government orders binding arbitration
The federal government has moved to end the railway stoppage, sending the labour dispute to the Canada Industrial Relations Board for final arbitration, but it’s still not clear how soon service […] This post is only…
Air Canada pilots overwhelmingly vote to approve strike mandate
Air Canada AC-T -0.90%decrease pilots say they have voted overwhelmingly to approve a strike mandate, putting them in a position to walk off the job as early as Sept. 17.The Air Line Pilots […] This post is only…
Canadian National and Canadian Pacific Kansas City lockout workers after talks fail, sparks economic damage fears
Canada’s top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause billions of dollars worth of economic damage and roil North American […] This post is only…
AUG 22: Oil prices steady as U.S. crude draw limits downside
Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in U.S. fuel inventories provided a floor.Brent […] This post is only…
TD swings to third-quarter loss on US$2.6-billion provision for regulatory fines
A US$2.6-billion provision that Toronto-Dominion BankTD-T +0.47%increase recorded to cover expected regulatory fines wiped out the lender’s fiscal third-quarter profits, leaving TD with a small loss as it works to fix lapses in […] This post is only…
TD Bank sets aside additional US$2.6-billion to cover U.S. regulatory penalties over anti-money laundering controls
Toronto-Dominion Bank TD-T +0.47%increase is setting aside an additional US$2.6-billion to cover looming penalties in the United States over failures in the bank’s anti-money-laundering program – systemic breaches that have mired the institution […] This post is only…
Oil Futures Settle Sharply Lower
Published: 8/21/2024 3:18 PM ET | Despite data showing a big drop in U.S. crude inventories in the week ended August 16th, oil prices fell to a seven-month low on Wednesday amid concerns […] This post is only…
U.S. crude stocks, fuel inventories decline as demand picks up: EIA
U.S. crude stocks, gasoline and distillate inventories all fell by more than expected in the week ending August 16 as demand and exports rose, the Energy Information Administration (EIA) said […] This post is only…