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Business News Last 7 days

How much is too much?

Sep 21, 2018 / 11:56 am

The $1,100 price tag on Apple's latest iPhone turned heads when the company announced it last week. But for less than half as much, you can still get a good...

Pound falls on Brexit divorce

Sep 21, 2018 / 10:45 am

British Prime Minister Theresa May accused the European Union on Friday of creating an "impasse" in divorce negotiations by bluntly rejecting her...

TSX up on energy stocks

Sep 21, 2018 / 8:17 am

The energy and industrials sectors helped Canada's main stock index edge higher in late-morning trading. The S&P/TSX composite index was up 11.13 points...

Ghost mall remains closed

Sep 21, 2018 / 6:36 am

The developer of a nearly empty new mall just north of Calgary says he's confident it will become the bustling Asian-style bazaar it is meant to be despite...

Finance minister challenge

Sep 21, 2018 / 6:23 am

Ontario's finance minister says an independant commission that probed the province's books has found the government ran a multi-billion-dollar deficit...

Selfie frenzy at pot museum

Sep 20, 2018 / 11:39 am

A glass bong taller than a giraffe. Huggable faux marijuana buds. A pool full of foam weed nuggets. Las Vegas' newest attraction — and Instagram...

Rogers partners with UBC

Sep 20, 2018 / 11:10 am

Rogers Communications Inc. has partnered with the University of British Columbia to build a campus hub for 5G innovation. The telecommunications company says it...

Under Armour cuts 400 jobs

Sep 20, 2018 / 10:27 am

Under Armour will cut about 400 jobs, part of a restructuring that the sports gear maker announced earlier this year. The Baltimore company actually began a...

New wind energy project

Sep 20, 2018 / 9:57 am

The Saskatchewan government says a large-scale wind energy project has been approved for the province's southeast as a way to reduce greenhouse gas...

Mortgage rates rising

Sep 20, 2018 / 8:22 am

Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level since May. Costs for would-be...

Canopy Growth goes public

Sep 20, 2018 / 7:55 am

The venture capital arm of marijuana company Canopy Growth goes public on the TSX Venture exchange today amid a cannabis stock craze. Canopy Rivers, a...

Detached home dream dead

Sep 20, 2018 / 7:51 am

Vancouver councillors have ended two days of public hearings by voting to allow duplexes in most city neighbourhoods currently restricted to single-family...

Torstar Corp. buys website

Sep 20, 2018 / 7:43 am

The company that owns the Toronto Star newspaper has signed a deal to buy iPolitics Inc., an Ottawa-based digital political news service. Financial terms of the...

Magna sells part of business

Sep 20, 2018 / 5:48 am

Auto parts company Magna International Inc. has signed a deal to sell its fluid pressure and controls business to Hanon Systems, a South Korea-based company,...

NAFTA talks resume

Sep 20, 2018 / 5:39 am

Chrystia Freeland and her U.S. trade counterpart are back at the NAFTA negotiating table today as time marches on towards a congressional deadline for a...

Oil prices drives dollar

Sep 19, 2018 / 2:05 pm

The Canadian dollar was pushed to its highest level in September on Wednesday after crude oil prices hit a two-month peak. The November crude contract was up...

Forestry co. stocks tumble

Sep 19, 2018 / 12:41 pm

Shares in Canadian forestry companies were down Wednesday after an analyst downgrade and lower-than expected building permits for the crucial U.S. housing...

Airport survey says?

Sep 19, 2018 / 12:29 pm

A J.D. Power survey says passenger satisfaction has improved in two years at Canada's three largest airports. Vancouver International's score rose five...

Shooting suspect dead

Sep 19, 2018 / 12:28 pm

The lone suspect in a southeast Wisconsin workplace shooting Wednesday morning has died after being shot by responding officers, according to police. Middleton...

Amazon under investigation

Sep 19, 2018 / 11:23 am

European authorities said Wednesday they have opened a preliminary antitrust investigation into Amazon over the e-commerce giant's treatment of smaller...

Former exec sues Spotify

Sep 19, 2018 / 11:20 am

A former sales executive is suing Spotify for gender discrimination and equal pay violations, saying executives organized "boys' trips" that...

Cineplex upgrades tech

Sep 19, 2018 / 8:26 am

Cineplex Inc. says it has signed an agreement with immersive cinema company CJ 4DPLEX Co. Ltd. to bring 4DX technology to 13 cinemas. The deal with Seoul-based...

Tilray shares climb

Sep 19, 2018 / 7:30 am

Shares in marijuana company Tilray Inc. were up nearly 20 per cent in early trading. The move in the stock follows a nearly 30 per cent jump on Tuesday after...

Big gains on TSX

Sep 18, 2018 / 2:17 pm

Canada's main stock market posted its largest daily gain in more than two months on Tuesday as trade optimism produced a relief rally. There is anecdotal...

Competition case starting

Sep 18, 2018 / 12:40 pm

The federal Competition Tribunal has set a date for hearings of the Vancouver Airport Authority, which has been accused by the Competition Bureau of dampening...

Higher food prices coming?

Sep 18, 2018 / 11:57 am

The CEOs of three of Canada's major grocery chains doubled down on their expectation that food prices will soon rise at their stores. Recent cost pressures...

Trouble at Tesla?

Sep 18, 2018 / 11:42 am

Tesla Inc. has turned over documents to the U.S. Justice Department after statements by CEO Elon Musk about taking the company private, the electric car maker...

SeaWorld settles fraud claim

Sep 18, 2018 / 11:27 am

SeaWorld and two former executives have agreed to pay more than $5 million to settle fraud claims that they misled investors over the negative impact the 2013...

No pot drink deal, yet

Sep 18, 2018 / 8:50 am

Aurora Cannabis Inc. says it has not signed a deal with respect to any partnership with a drink company. In a report based on anonymous sources, BNN Bloomberg...

EU launches investigation

Sep 18, 2018 / 8:48 am

European Union regulators have opened an in-depth investigation into whether automakers BMW, Daimler and Volkswagen colluded to limit the development and...

Back to performance roots

Sep 18, 2018 / 8:36 am

Ferrari is going back to its roots. The company's new CEO Louis Camilleri unveiled Tuesday a new business plan that revives iconic models and embeds them...

'Zombie firm'- warning

Sep 18, 2018 / 8:26 am

A new report raises concerns about the number of lingering low-productivity firms in Canada that are hindering overall economic growth. The report by...

Manufacturing sales up

Sep 18, 2018 / 5:46 am

Statistics Canada says manufacturing sales increased 0.9 per cent in July to $58.6 billion, boosted by the transportation equipment and chemical industries....

Tilray makes historic export

Sep 18, 2018 / 5:26 am

Canadian licensed marijuana producer Tilray Inc. has received the green light from the U.S. Drug Enforcement Administration agency to export a medical cannabis...

More Trump tariffs for China

Sep 17, 2018 / 3:57 pm

The Trump administration is imposing tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two...

TSX moves higher

Sep 17, 2018 / 1:34 pm

Canada's main stock index started the trading week higher as gains in gold and health-care sectors helped the TSX diverge from U.S. markets that were down...

Pipeline plan coming

Sep 17, 2018 / 10:33 am

A senior federal source says the Liberals are considering hiring a former top judge to guide a renewed consultation with Indigenous communities on the Trans...

Pot infused drinks coming?

Sep 17, 2018 / 7:14 am

Shares of Aurora Cannabis Inc. were up as much as 17 per cent today after a report the marijuana producer was in talks with the Coca-Cola Company to develop...

'Crazy Rich Asians' a hit

Sep 17, 2018 / 6:54 am

"Crazy Rich Asians" isn't just a hit at the box office. Kevin Kwan's novel and its two follow-ups have sold 1.5 million copies this year,...

Co-owner of Flames dies

Sep 16, 2018 / 6:09 pm

Clay Riddell, billionaire businessman and co-owner of the Calgary Flames, has died. The Flames confirmed his death in a statement on Sunday. "We mourn the...

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