CBC Business News

All major U.S. banks have quit a climate initiative known as the Net-Zero Banking Alliance. Formed in 2021 as a subgroup of a Mark Carney-led climate finance group, it now faces an uncertain future, even as Canadian and European banks remain for now.

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.

Supreme Court justices posed tough questions to the lawyer representing TikTok and its Chinese parent company, ByteDance, on Friday over a law that would force a sale or ban the widely used short-video app by Jan. 19 in the United States in a case that pits free speech rights against national security concerns.

The honours, announced Friday morning during an Automotive Press Association event kicking off the North American International Auto Show in Detroit, are decided by a group of 50 journalists from the U.S. and Canada. 

The Canadian economy added 91,000 jobs and the unemployment rate dipped 0.1 percentage points to 6.7 per cent in December, Statistics Canada said on Friday, which came as a pleasant surprise to economists.

The company that owns TikTok goes to the U.S. Supreme Court on Friday to try to fend off a new law that would see the wildly popular social media app banned later this month.

Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report.

The fate of Canada's largest proposed carbon capture and storage project is even more uncertain after Prime Minister Justin Trudeau's resignation announcement this week amplified existing unknowns around the future of energy and climate policy in Canada, experts say.

The problem of grocers selling underweighted meat and overcharging customers is prevalent and ongoing, a CBC News investigation has found.

Montreal-based retailer Frank And Oak has filed for creditor protection for the second time this decade, seeking relief from $71 million in debt, while the Ontario company behind Ricky's and Cleo says it will shutter their stores.

Not content with having the ear of incoming U.S. president Donald Trump, tech billionaire Elon Musk has been trashing European politicians on both the left and right, and using posts on his social media platform, X, to disrupt politics across the continent.

Facebook's parent company Meta has a new vision: characters powered by artificial intelligence existing alongside actual friends and family. But some experts caution that this could mark the end of social media as we know it.

After being hit hard by the COVID-19 pandemic, clothing retailer Frank And Oak’s struggles have continued thanks in part to online fast fashion trends.

When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament?

Prime Minister Justin Trudeau on Tuesday dismissed U.S. president-elect Donald Trump's willingness to use "economic force" to absorb Canada into the United States by reiterating what his Canadian government has said for some time: Merging countries is not in the realm of possibility.

Meta is ending its fact-checking program in the U.S. and replacing it with a system similar to the "Community Notes" on Elon Musk-owned X, the Facebook parent said on Tuesday.

In 2017, Prime Minister Justin Trudeau received a standing ovation from a crowd of energy executives. Today, the oilpatch is applauding his political demise. What happened?

An inexpensive knockoff of the Birkin bag, an exclusive, extremely sought-after leather handbag by luxury brand Hermès that can sell for more than $400,000 US has launched a rousing debate online about fashion accessibility and copycat ethics.

The B.C. Supreme Court has ordered WestJet to hand over all its files on harassment of flight attendants, in a class-action lawsuit alleging widespread misconduct by pilots.

As of Jan. 13, the cost of Canadian stamps and other mail products is spiking 25 per cent. It's so dramatic an increase that Windsor convenience store owner Donald Chang has been warning his customers: If you use a lot of stamps, buy them now — before the price jump.