National Business

WASHINGTON (AP) — President Joe Biden declared his support Thursday for the “historic” inflation-fighting agreement struck by Senate Majority Leader Chuck Schumer and holdout Democratic Sen.

LOS ANGELES (AP) — Two documentaries detailing the punishing effects of Russia's war on Ukraine will air on PBS' “Frontline” investigative series.

Postmedia chairman Paul Godfrey is stepping down from his role at the end of the year, the company announced Thursday. Current board member Jamie Irving will step into the job at the start of 2023.

CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.

LEAMINGTON, Ont. — Tilray Brands Inc. posted a steep loss in its most recent quarter despite higher revenue as it recorded a non-cash impairment. The cannabis company posted a net loss of US$457.

TORONTO — At Patti Barnes' North Vancouver home, her five kids tend to the garden, take out the garbage and look after the family pets.

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week's number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.

JetBlue has agreed to buy Spirit Airlines for $3.8 billion in a deal that would create the nation’s fifth largest airline if approved by U.S. regulators.

MEDICINE HAT, ALBERTA, CANADA — Danielle Smith, considered one of the front-runners in the United Conservative Party leadership race, faced sharp criticism Wednesday from debate rivals over her Alberta sovereignty plan and controversial comments on c

WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation .