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National Business
National Business
Corus Entertainment takes $350M goodwill impairment charge, reports Q4 loss
TORONTO — Shares in Corus Entertainment Inc. fell as much as 10 per cent after it reported a fourth-quarter loss of $367.
Oct 21, 2022 1:29 PM
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Price discount for Canadian oil widened in October; experts see weakness until 2023
CALGARY — Oil from Western Canada is once again trading at a significant discount compared to global prices, and some experts say recovery isn't expected until later in 2023.
Oct 21, 2022 1:15 PM
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Stocks end higher on Wall Street, notching weekly gains
NEW YORK — Stocks closed higher on Wall Street Friday, notching sizable weekly gains for major indexes. The benchmark S&P 500 rose 2.4% Friday, while the Dow Jones Industrial Average and the Nasdaq also gained ground.
Oct 21, 2022 1:12 PM
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Balenciaga fashion house cuts ties with Ye, report says
PARIS (AP) — The Balenciaga fashion house has cut ties with Ye, the rapper formerly known as Kanye West, according to a news report.
Oct 21, 2022 11:50 AM
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Ruling could mean trials against Big Oil over state wetlands
NEW ORLEANS (AP) — A federal appeals court has ordered a nine-year-old lawsuit filed against oil and gas companies over damage to Louisiana’s wetlands to be returned to state court for trial, potentially clearing the way for at least 41 similar suits
Oct 21, 2022 11:18 AM
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OSC asks tribunal to approve settlement with cannabis company Cronos, former CFO
TORONTO — The Ontario Securities Commission (OSC) is asking the Capital Markets Tribunal to approve a settlement with an Ontario cannabis company and one of its former executives that the regulator alleges failed to file accurate financial statements
Oct 21, 2022 10:06 AM
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How Montreal's video game industry is changing to meet labour demands
Montreal has carved a spot for itself as a global leader in video game development, now it is faced with a new challenge — a labour shortage. The city houses industry leaders including Ubisoft, Warner Bros.
Oct 21, 2022 9:00 AM
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Manitoba providing $40M to expand CentrePort site in Winnipeg
ROSSER — The Manitoba government says it is to spend up to $40 million toward the expansion of North America's largest tri-modal inland port.
Oct 21, 2022 8:34 AM
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UK: Hacker who stole Sheeran songs sentenced to 18 months
LONDON (AP) — A computer hacker who stole unreleased songs from British pop star Ed Sheeran and American rap artist Lil Uzi Vert has been sentenced to 18 months in prison, U.K. prosecutors said Friday.
Oct 21, 2022 8:18 AM
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Statistics Canada says retail sales up 0.7 per cent in August
Statistics Canada says retail sales edged up 0.7 per cent to $61.8 billion in August as high gas prices eased slightly and e-commerce sales increased.
Oct 21, 2022 6:58 AM
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