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Business News

Toys R Us, Target team up

Oct 8, 2019 / 10:41 am

The parent company of Toys R Us is turning to a key rival to restart its e-commerce business ahead of the holiday shopping season. Tru Kids Brands is teaming up...

Housing starts pace slows

Oct 8, 2019 / 10:17 am

The pace of Canadian housing starts slowed in September compared with August, but still came in better than expected. Canada Mortgage and Housing Corp. said...

Ride-share - timing is key

Oct 8, 2019 / 10:14 am

Jeff Perera has been paying the bills for years as a public speaker and educator, but every so often he hits a slow patch. Like many others in Canada, he has...

NBA widens rift with China

Oct 8, 2019 / 8:35 am

NBA Commissioner Adam Silver said the league is not apologizing for Houston Rockets general manager Daryl Morey's since-deleted tweet showing support for...

Stock markets down

Oct 8, 2019 / 8:32 am

The energy sector led Canada's main stock index lower, while U.S. stock markets pulled back in the face of increased tensions ahead of U.S.-China trade...

New boss at container port

Oct 7, 2019 / 3:09 pm

The operator of the Deltaport container terminal at Roberts Bank has a new man at the helm. Global Container Terminals Inc. announced that Michael Korenberg has...

Earls co-founder dies

Oct 7, 2019 / 3:05 pm

A co-founder of the Earls restaurant chain has died. The Fuller family shared news Monday that patriarch Leroy Earl Fuller, known as Bus, died peacefully while...

Did airline doctor records?

Oct 7, 2019 / 10:28 am

Ethiopian Airlines' former chief engineer says in a whistleblower complaint filed with regulators that the carrier went into the maintenance records on a...

Gender wage gap narrows

Oct 7, 2019 / 9:35 am

A new report by Statistics Canada says that in 2018 women in their core working years earned 13.3 per cent less per hour than men, marking a 5.5 percentage...

Infant formula recalled

Oct 7, 2019 / 6:39 am

Loblaw Companies Ltd, is recalling its President's Choice brand Lower Iron milk-based powdered infant formula due to possible contamination by Cronobacter...

China backs out of $5B deal

Oct 7, 2019 / 6:20 am

China's state oil company has pulled out of a $5 billion deal to develop a portion of Iran's massive offshore natural gas field, the Islamic...

Store music likely illegal

Oct 6, 2019 / 1:04 pm

You enter a small store with a cozy atmosphere and are drawn in by the music playing in the background, bringing back memories of days long past. The only...

What's in biz this week

Oct 6, 2019 / 7:24 am

Five things to watch for in the Canadian business world in the coming week: IT security event The Sector IT security conference kicks off on Monday in Toronto....

Lowe's Canada CEO retires

Oct 4, 2019 / 10:34 am

The head of Lowe's Canada has retired about four years after he guided the U.S. home renovation retailer's acquisition of the Quebec-based Rona chain....

Stocks up, morning trading

Oct 4, 2019 / 8:51 am

The materials sector helped Canada's main stock index move higher in late-morning trading, while U.S. stock markets also traded higher. The S&P/TSX...

Husky sells oil refinery

Oct 4, 2019 / 8:02 am

Husky Energy Inc. has agreed to sell its light oil refinery in Prince George, B.C., for $215 million in cash plus adjustments to Tidewater Midstream and...

Feds want to see FB msgs

Oct 4, 2019 / 6:22 am

U.S. Attorney General William Barr and other U.S., U.K. and Australian officials are pressing Facebook to give authorities a way to read encrypted messages sent...

Watchdog probes vapes

Oct 4, 2019 / 6:19 am

Federal consumer watchdogs in the U.S. have ordered Juul and five other vaping companies to hand over information about how they market e-cigarettes, the...

Markets fall for third day

Oct 3, 2019 / 10:45 am

Markets in Canada and the U.S. continued their downward slump in mid-morning trading as fears of an economic slowdown grew. The S&P/TSX composite index was...

WestJet inspecting 737s

Oct 3, 2019 / 10:31 am

WestJet Airlines says it is inspecting its fleet of Boeing 737 Next Generation aircraft for cracks after a U.S. regulator ordered inspections on American...

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