Business - Page 6

Alaska Air Group reports $193M net first quarter loss due to fuel prices, travel demand

Alaska Air Group reported a $193 million net loss due to high fuel costs and disruptions in Hawaii and Puerto Vallarta, with uncertainty clouding...

TSX falls more than 550 points, U.S. stock markets also negative as oil prices rise

TORONTO — Canada's main stock index fell more than 550 points on Tuesday, while U.S. markets also lost ground amid uncertainty about U.S.-Iran ceasefire...

Airfares climb for first time in nearly two years amid soaring fuel costs: StatCan

MONTREAL — The war in Iran has triggered a reversal in the nearly two-year trend of annual decreases in airfares, with energy shocks from...

S&P/TSX composite swings to slight gains as U.S. markets see modest losses

TORONTO — Canada’s main stock index saw slight gains Monday, while U.S. markets edged lower following the latest rise in tensions between the United...

Commercial real estate market at turning point as vacancies drop: report

Canada's commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined...

Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says

OTTAWA — The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics...

Businesses can claim refunds starting Monday for tariffs that were declared unconstitutional

A refund system for businesses that paid tariffs, which the U.S. Supreme Court eventually struck down, is scheduled to launch on Monday. NEW...

Canadian travellers may face higher airfares for months even if oil flows resume soon

MONTREAL — Skyrocketing jet fuel costs threaten to push airfares up and flight numbers down well into the peak summer travel season, even as...

Businesses in Lloyd Center forced to seek a new location — or shut down

With an August 8 closure date looming ahead, some businesses who've set up shop in the Lloyd Center Mall are in a tough situation....

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved....

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