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Business News Dec 31, 2017 to Jan 6, 2018

No asbestos in make-up

Jan 6, 2018 / 6:20 am

The Claire's fashion and accessory business said Friday that test results from two certified independent labs show that nine controversial cosmetic products...

Tim's slams cuts to perks

Jan 5, 2018 / 3:41 pm

Tim Hortons franchisees who planned to offset the Ontario government’s minimum wage hike by cutting paid breaks and forcing workers to cover a bigger...

Telus buys alarm clients

Jan 5, 2018 / 3:03 pm

BCE and Bell Canada formally closed their $182-million purchase of AlarmForce Industries on Friday, and immediately announced that the home monitoring...

Pot pioneer 'gobsmacked'

Jan 5, 2018 / 12:04 pm

Even though Ernest Small was the biggest legal grower of legal marijuana in North America back in the 1970s and is the federal government's foremost pot...

Tim's bullying employees?

Jan 5, 2018 / 10:32 am

The premier of Ontario lashed out at the children of Tim Hortons' billionaire co-founders on Thursday for reducing the benefits of their employees in...

TSX down loonie up

Jan 5, 2018 / 8:56 am

The Toronto stock index fell in late-morning trading as the energy and materials sectors lost ground, while the loonie took flight after Canada's jobless...

Telus expands business

Jan 5, 2018 / 7:34 am

Telus Corp. is buying the western operations of AlarmForce Industries from Bell Canada, which recently purchased the Toronto-based home monitoring company....

Trump to expand drilling

Jan 5, 2018 / 6:55 am

The Trump administration moved Thursday to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters...

Unemployment rate tumbles

Jan 5, 2018 / 6:39 am

The unemployment rate fell to its lowest level in more than 40 years as Canada closed out a calendar year that saw it produce jobs at a pace not seen since...

Dow surges past 25,000

Jan 4, 2018 / 3:54 pm

The Dow Jones industrial average burst through the 25,000 point mark Thursday, just five weeks after its first close above 24,000. The Dow passed five...

Top legal risks for 2018

Jan 4, 2018 / 3:14 pm

The hot button issues of sexual harassment in the workplace and cannabis legalization joined a leading Canadian law firm's annual list of legal risks for...

Westinghouse sold

Jan 4, 2018 / 9:42 am

Brookfield Business Partners LP and its partners will buy Westinghouse Electric Co. from Toshiba Corp. in a US$4.6 billion deal announced Thursday. Westinghouse...

Christmas debt hangover

Jan 4, 2018 / 9:38 am

Like the morning after too many eggnogs the night before, many Canadian families are waking up this week to the pounding headache of a Christmas debt hangover....

More heads roll at CBS

Jan 4, 2018 / 9:00 am

CBS News has fired its political director, Steve Chaggaris, for "inappropriate behaviour." CBS News says in an emailed statement that...

Pot stocks fall

Jan 4, 2018 / 8:31 am

Canada's main stock index is barely out of the red as the health-care sector, which includes some of the biggest marijuana companies, dropped sharply....

Driverless Hyundai by 2021

Jan 4, 2018 / 6:46 am

Hyundai Motor Co. said Thursday it will begin selling its first self-driving vehicles by 2021 in partnership with U.S. based self-driving technology startup...

CSE hits record highs

Jan 4, 2018 / 6:38 am

Trading on the Canadian Securities Exchange soared to a record high in 2017 thanks to a surge of marijuana-related listings and the buzz around blockchain...

Canadarm maker's new boss

Jan 3, 2018 / 4:06 pm

MDA, the company formerly known as MacDonald, Dettwiler and Associates, has a new president. Its parent firm Maxar Technologies ltd. announced Wednesday that...

Wages up, perks cut

Jan 3, 2018 / 4:02 pm

Employees at Tim Hortons locations owned by the children of the co-founders of the franchise say they have reduced employee benefits and cut back paid breaks to...

Millions of computers at risk

Jan 3, 2018 / 2:52 pm

Technology experts warn a "really, really serious" security vulnerability could affect the majority of computers made in the last decade, but a fix...

Record auto sales in 2017

Jan 3, 2018 / 1:27 pm

Canadians last year purchased more than two million vehicles for the first time, thanks to record sales of light trucks. DesRosiers Automotive Consultants Inc....

Design school's a real Lulu

Jan 3, 2018 / 12:16 pm

A state-of-the-art design school named after the founder of active wear giant Lululemon is the latest addition to Kwantlen Polytechnic University's campus...

Stingray acquires Qello

Jan 3, 2018 / 6:49 am

Stingray Digital Group Inc. has acquired Qello Concerts, an over-the-top streaming service for on-demand concerts and music documentaries. Financial terms of...

BlackBerry goes driverless

Jan 3, 2018 / 6:20 am

Chinese search-engine giant Baidu Inc. has selected BlackBerry Ltd. to provide the safety operating system for the Apollo autonomous driving system, which is...

Mike Tyson's weed ranch

Jan 2, 2018 / 7:41 pm

Former heavyweight champion Mike Tyson is becoming a California marijuana entrepreneur. TheBlast.com reports that Tyson and partners on Dec. 20 broke ground on...

Weight Watchers goes 'wild'

Jan 2, 2018 / 5:00 pm

Weight Watchers International climbed after it struck a deal with producer and recording artist DJ Khaled, who will represent the brand to millions of follows...

TD broker service offline

Jan 2, 2018 / 1:25 pm

Some Toronto-Dominion Bank customers are having problems using its WebBroker internet brokerage service and taking to social media with their complaints....

Cold comfort in deep freeze

Jan 2, 2018 / 12:07 pm

Analysts say the cold snap that continues to blanket many parts of North America is driving short-term natural gas prices higher but the trend is unlikely to...

Loonie rising in 2018

Jan 2, 2018 / 8:24 am

Canada's main stock index pushed higher in its first day of trading for the year, boosted by gains in the materials, energy and health-care sectors. The...

Mining sector surges

Jan 2, 2018 / 8:00 am

PricewaterhouseCoopers says a resurgence in the mining sector in the final months of 2017 pushed total proceeds from initial public offerings in Canada to $5.1...

Nutrien new kid on block

Jan 2, 2018 / 7:56 am

Shares of Nutrien Ltd., the company created by the merger of Agrium Inc. and Potash Corp. of Saskatchewan Inc., started trading on the Toronto and New York...

Hoda Kotb to replace Lauer

Jan 2, 2018 / 6:54 am

NBC News opened the new year Tuesday by appointing Hoda Kotb as co-anchor of the "Today" show's first two hours with Savannah Guthrie, replacing...

Fieri closes NY restaurant

Jan 2, 2018 / 6:25 am

A restaurant run by television star and celebrity chef Guy Fieri in the heart of New York City's Times Square has shut its doors for good. The restaurant,...

Crude awakenings for oil

Jan 1, 2018 / 8:41 am

While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to...

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