National Business

RIYADH, Saudi Arabia (AP) — Saudi Arabia on Wednesday confirmed that it will maintain a production cut of 1 million barrels of oil a day through the end of the year.

LOS ANGELES (AP) — Picketing began Wednesday morning at Kaiser Permanente hospitals as some 75,000 health care workers go on strike in Virginia, California and three other states over wages and staffing shortages, marking the latest major labor unres

OTTAWA — Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good. But not everyone is buying it.

A network-wide system failure at CN Rail that saw afternoon rush-hour travel for commuters across the Greater Toronto Area thrown into chaos Tuesday has been resolved.

CALGARY — More than 50 Alberta CEOs, entrepreneurs and industry leaders are in Ottawa this week in an effort to raise the profile of their province and promote "collaboration" on issues related to energy, climate and the economy.

DENVER (AP) — On the heels of a U.S.

MONTREAL — An international aviation catering company and a Quebec recruitment firm allegedly lured foreign workers to Canada under false pretences and exploited them, according to a proposed class-action lawsuit.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,020.92, down 156.26 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 76 cents, or 0.95 per cent, to $79.65 on 16.

TORONTO — Canada’s main stock index closed at its lowest point since October last year as part of a pullback that saw sharper drops in U.S. markets. The S&P/TSX composite index ended down 156.26 points at 19,020.92.

MONTREAL — Bell Media says its president Wade Oosterman, who also serves as vice-chair of parent company BCE Inc., is set to retire at the end of the year, to be replaced by Sean Cohan, who is joining the company in November.