Business

World Trade Center's last office tower soon will get built and house American Express

NEW YORK (AP) — The World Trade Center's final office tower will start construction as soon as this spring and become American Express ' new headquarters, Gov. Kathy Hochul and the company said Wednesday,...

2h ago

Takeaways from Trump's address: Sales mode on economy, heavy on patriotism, dark turn on Democrats

President Donald Trump started in sales mode, using his State of the Union address to deliver an upbeat vision of the U.S. economy. But that portrayal collides with the sentiment...

12h ago

Loblaw continues pivot to discount as shoppers demand value

Loblaw Cos. Ltd. continues to lean into discount stores and private label products as consumers relentlessly hunt for value. "More than ever, we've seen Canadians prioritize value," said chief executive...

7h ago

National Bank reports $1.25B Q1 profit as it reports strong loan growth

MONTREAL — National Bank of Canada reported a first-quarter profit of $1.25 billion, up from $997 million a year earlier, helped by its acquisition of Canadian Western Bank. The bank's results followed...

6h ago

BMO's Q1 profits rise to $2.49B despite severance charge, rising consumer stress

TORONTO — BMO Financial Group reported a rise in profits that beat analyst expectations despite charges related to layoffs and increased signs of strain for Canadian consumers. The bank reported a first-quarter...

8h ago

The home of the 'Mona Lisa' has a new boss to steer the Louvre out of crisis after jewel heist

PARIS (AP) — The home of the “Mona Lisa” is getting a new boss. Art historian Christophe Leribault, a veteran museum director, is taking over at the Louvre, shouldering the challenge of getting the...

12h ago

Almost half of Toronto-area immigrant settlement services expect program closures

OTTAWA — Nearly half the immigrant service organizations in the Greater Toronto Area are braced for program closures in the near future due to federal funding cuts that began in 2024. A survey of 48...

5h ago

Discord pushes back global age verification rollout amid criticism, promises transparency

Discord, the popular platform for gamers to communicate online, is postponing its controversial age verification policy after receiving swift backlash from users with concerns about their privacy. ...

21h ago

Louvre Museum director resigns in the wake of October's brazen French crown jewels heist

PARIS (AP) — The Louvre Museum's director resigned Tuesday after months of pressure following the October theft of the French crown jewels, as the world's most visited museum faced widening scrutiny...

February 24, 2026 6:40 pm EST EST

Ottawa spending $3.7 billion to boost military housing stock

OTTAWA — The federal government will spend $3.7 billion to build 6,000 more housing units for Canada's military, Defence Minister David McGuinty said on Tuesday. McGuinty made the announcement at CFB...

February 24, 2026 5:26 pm EST EST