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The Canadian Press
The Canadian Press
Business

Business News Advisory from The Canadian Press

Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.

If you have any questions, please contact the desk at business@thecanadianpress.com or 416-507-2138.

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COVERING:

We will have an update to the Teck coal sales story.

We are chasing a development in the ongoing Cineplex-Cineworld dispute.

We are also watching for the release of the latest fiscal monitor from the federal government. 

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TOP STORIES:

Teck says coal sales hit by extreme cold weather

Teck-Sales-Weather

Teck Resources Ltd. says its steelmaking coal sales fell below its already downward revised guidance for the fourth quarter as adverse weather in British Columbia continued to affect logistics. Words: 261, Photos: 1

A key inflation gauge rose 5.8% in 2021, most in 39 years

US-Consumer-Spending

Washington, District of Columbia, United States -- WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture, appliances and other goods. By Christopher Rugaber. Words: 620, Photos: 1

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CALENDAR:

No items of note.

CP BUSINESS

The Canadian Press

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