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CP NewsAlert: TD Bank Group CEO Bharat Masrani to retire next year

CP NewsAlert: TD Bank Group CEO Bharat Masrani to retire next year

TORONTO — TD Bank Group says chief executive Bharat Masrani will retire on April 10, 2025. The bank has named Raymond Chun, group head, Canadian personal banking, as his successor. More coming. Companies in this story: (TSX:TD) The Canadian Press
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Weekly applications for US jobless benefits fall to the lowest level in 4 months

Weekly applications for US jobless benefits fall to the lowest level in 4 months

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday.
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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

LONDON (AP) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve , its first since the onset of the coronavirus pandemic more than four years ago.
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Canada makes small emissions cut in 2023, but must ramp up to hit key targets: report

Canada makes small emissions cut in 2023, but must ramp up to hit key targets: report

Oil and gas production hikes and rebounding air travel put a drag on Canada's climate progress last year, but a new report says the country was still able to make a modest cut to its planet-warming emissions.
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Quebec won't fund graphite mine project tied to Pentagon; locals claim ‘victory’

Quebec won't fund graphite mine project tied to Pentagon; locals claim ‘victory’

MONTREAL — After years fighting against the opening of a mining project with ties to the Pentagon, Louis Saint-Hilaire is breathing a sigh of relief.
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Pressure still on oilsands sector despite silence after greenwashing law: think tank

Pressure still on oilsands sector despite silence after greenwashing law: think tank

CALGARY — Canada's oilsands industry remains under pressure to reduce its greenhouse gas footprint, even as companies have clamped down on public communications in the wake of new anti-greenwashing legislation.
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A bold new tool is targeting money laundering. But it may be violating Canadians’ basic rights

A bold new tool is targeting money laundering. But it may be violating Canadians’ basic rights

Unexplained wealth orders put a reverse onus on the owner of the property in question to prove that they acquired it through legal means, or risk having it confiscated
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Tupperware lifts the lid on its financial problems with bankruptcy filing

Tupperware lifts the lid on its financial problems with bankruptcy filing

NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury Ame
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Low pay for junior Air Canada pilots poses possible hurdle to proposed deal

Low pay for junior Air Canada pilots poses possible hurdle to proposed deal

MONTREAL — Low entry-level pay in the tentative deal between Air Canada and its pilots could be a stumbling block ahead of a union vote on the agreement, some aviators and experts say.
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Michelin awards four new stars as inspectors venture outside Toronto city limits

Michelin awards four new stars as inspectors venture outside Toronto city limits

TORONTO — Michelin has awarded a star to four new restaurants in its Toronto guide — but three of them aren't in the city at all.
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