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Business News Apr 23 to 29, 2017

Apple-picking robots?

Apple-picking robots?

Spokane Apr 28, 2017 / 9:50 am

Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States. That...

Imperial Oil reverses loss

Imperial Oil reverses loss

Apr 28, 2017 / 9:34 am

Imperial Oil (TSX:IMO) is reporting first-quarter earnings that reversed a loss in the same period of last year but fell short of analyst expectations. The...

Bombardier denies dumping

Bombardier denies dumping

Apr 28, 2017 / 6:38 am

Bombardier and the federal government have rejected Boeing's claim in a complaint filed with the U.S. government that its Canadian rival has dumped its new...

Home Capital secures credit

Home Capital secures credit

Apr 28, 2017 / 6:15 am

Home Capital Group Inc. shares regained some ground on Thursday after it secured a $2-billion credit line and said it's exploring its strategic options,...

BlackBerry keyboard returns

BlackBerry keyboard returns

Apr 27, 2017 / 3:01 pm

Canadians will be able to buy a new BlackBerry-branded smartphone with a physical keyboard starting next month. The KEYone, a phone made in partnership between...

VW ordered to  to pay $2.1B

VW ordered to to pay $2.1B

Apr 27, 2017 / 11:01 am

Members of a Canadian class-action lawsuit against Volkswagen can submit claims for reimbursement starting on Friday after an Ontario judge ordered the car...

Further potential for Suncor

Further potential for Suncor

Apr 27, 2017 / 10:55 am

Suncor Energy (TSX:SU) has a potential opportunity to make further purchases in Alberta's oilsands if foreign multinationals continue to exit the sector,...

Potash demand strong

Potash demand strong

Apr 27, 2017 / 10:27 am

Potash Corp. of Saskatchewan Inc. (TSX:POT) says demand for its main product is expected to be strong for the remainder of the year and its 2017 earnings...

ESPN laying off 100

ESPN laying off 100

Apr 27, 2017 / 10:25 am

ESPN is laying off about 100 employees, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, in a purge designed to focus...

Under-the-radar growth

Under-the-radar growth

Apr 27, 2017 / 10:01 am

One of Comcast's fastest-growing businesses hasn't been selling cable or internet subscriptions — or making movies and TV shows, or selling TV...

Secret beneficiaries

Secret beneficiaries

Apr 27, 2017 / 8:33 am

When it comes to requests to have inheritance money left discreetly, Toronto estate lawyer Ed Olkovich says it's typically not the racy stuff most people...

$10,000 for bumped seat

$10,000 for bumped seat

Apr 27, 2017 / 6:58 am

United Airlines says it will raise the limit to $10,000 on payments to customers who give up seats on oversold flights and will increase training for employees...

Suncor earnings jump

Suncor earnings jump

Apr 26, 2017 / 7:27 pm

Suncor Energy is reporting net earnings of $1.35 billion or 81 cents per share in the first quarter of 2017, compared with $257 million or 17 cents a year...

An 'amicable' trade war

An 'amicable' trade war

Apr 26, 2017 / 7:19 pm

Anyone looking for a political decoder for how the Trudeau government might be interpreting Donald Trump's latest spate of anti-Canadian trade rhetoric...

McDonald's joins dark side

McDonald's joins dark side

Apr 26, 2017 / 12:57 pm

McDonald's new uniforms are prompting some teasing online, with comments saying the grey-toned shirts and aprons make employees look like they're part...

Bell bets big on streaming

Bell bets big on streaming

Apr 26, 2017 / 11:26 am

Bell Canada says it's on the cusp of launching a new streaming product to attract customers who prefer to watch video such as Netflix through the Internet...

More losses at Sears

More losses at Sears

Apr 26, 2017 / 8:53 am

Sears Canada Inc. reported a $45.8-million loss in its latest quarter, but noted that same-store sales improved compared with a year ago as the company has...

Tims beats expectations

Tims beats expectations

Apr 26, 2017 / 6:33 am

The owner of Tim Hortons and Burger King is reporting flat sales at its established locations in the first quarter but a nine per cent increase in revenue,...

Cenovus profits jump

Cenovus profits jump

Apr 26, 2017 / 6:30 am

Cenovus Energy Inc. says production from its oilsands operations was up 32 per cent in the first quarter from the same time last year, helping to fuel a...

Trump to slash business tax

Trump to slash business tax

Apr 26, 2017 / 6:23 am

President Donald Trump plans to propose massive tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in...

Loonie hits 14-month low

Loonie hits 14-month low

Apr 25, 2017 / 4:13 pm

A rekindled softwood lumber trade dispute with the United States pushed the Canadian dollar to its lowest level in 14 months on Tuesday. The loonie lost 0.29 of...

Lumber, dairy into NAFTA?

Lumber, dairy into NAFTA?

Apr 25, 2017 / 12:44 pm

The Trump administration is signalling an interest in making big additions to NAFTA. Those additions could relate to softwood lumber and dairy. Commerce...

Lumber job losses likely

Lumber job losses likely

Apr 25, 2017 / 12:19 pm

The federal government is reaching out to reassure forestry workers, lumber producers and others facing the impact from a fresh sofwood trade war that it stands...

Beer coming to Taco Bell

Beer coming to Taco Bell

Apr 25, 2017 / 10:18 am

Taco Bell customers will be able to grab beer with their tacos and burritos at some Canadian stores starting this June. The Mexican-style fast-food chain says...

Great-West to cut 1,500

Great-West to cut 1,500

Apr 25, 2017 / 6:40 am

Great-West Lifeco says it will cut 1,500 positions over the next two years in response to changing technology and customer expectations. The cuts are equal to...

Profits surge at Teck

Profits surge at Teck

Apr 25, 2017 / 6:36 am

Teck Resources Ltd. had a big increase in first-quarter profits thanks to higher prices for its coal, copper and zinc but the company still fell short of...

Hertz, Thrifty fined $1.25M

Hertz, Thrifty fined $1.25M

Apr 24, 2017 / 12:40 pm

Car rental companies Hertz Canada Ltd. and Dollar Thrifty Automotive Group Canada Inc. have agreed to pay a total of $1.25 million in penalties following an...

S8 more prone to cracks

S8 more prone to cracks

Apr 24, 2017 / 11:02 am

Samsung's latest phones feature big wraparound screens and lots of glass. SquareTrade, a company that sells gadget-repair plans, says the phones also appear...

Have your say on pay?

Have your say on pay?

Apr 24, 2017 / 6:14 am

Regulators should make public companies hold a vote on the pay packages of top executives, say investors advocates, with compensation expected to be a major...

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