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National Business
Statistics Canada says economy grew 1.2 per cent in August as pace of growth slowed
OTTAWA — The pace of economic growth in Canada slowed in August as real gross domestic product grew 1.2 per cent in the month, Statistics Canada said Friday. The rise compared with a revised 3.
Oct 30, 2020 8:39 AM
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Exxon, Chevron to cut US jobs as oil industry struggles
NEW YORK — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce and mulling cuts to its Canadian operations, while Chevron plans to cut a quarter of the employees at its recently acquired Noble Energy as the pandemic saps demand for fuel.
Oct 30, 2020 8:38 AM
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Asia Today: Japan crosses 100,000 cases, 9 months after 1st
TOKYO — Japan’s coronavirus cases have topped 100,000, nine months after the first case was found in mid-January, the health ministry said Friday.
Oct 30, 2020 8:13 AM
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Cannabis company Hexo proposes share consolidation plan to boost share price
OTTAWA — Cannabis company Hexo Corp. announced a plan to consolidate its shares in an effort to regain compliance with the US$1 minimum share price continued listing standard of the New York Stock Exchange.
Oct 30, 2020 5:00 AM
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Scaled-back Thanksgiving plans leave turkey farmers in limbo
For the turkey industry, this Thanksgiving is a guessing game. Millions of Americans are expected to have scaled-down celebrations amid the pandemic, heeding official warnings against travel and large indoor gatherings.
Oct 30, 2020 12:45 AM
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Trump's diversity training order faces lawsuit
NEW YORK — Three civil rights groups filed a lawsuit Thursday challenging President Donald Trump's executive order that prohibits federal agencies, contractors and grant recipients from offering certain diversity training that the president deems “an
Oct 29, 2020 10:55 PM
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China's leaders vow to become self-reliant technology power
BEIJING — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s industrial ambitions.
Oct 29, 2020 10:52 PM
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Aecon beats expectations as third quarter helped by federal subsidy program
TORONTO — Aecon Group Inc. beat expectations as its net profit surged to $73.6 million in the third quarter as it was helped by the federal wage subsidy program.
Oct 29, 2020 5:05 PM
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JetBlue is the latest airline to retreat from blocking seats
The days of airlines blocking seats to make passengers feel safer about flying during the pandemic are coming closer to an end. JetBlue is the latest to indicate it is rethinking the issue.
Oct 29, 2020 5:03 PM
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Alstom shareholders approve US$8.4-billion acquisition of Bombardier Transportation
MONTREAL — Bombardier's refocusing on business jets has taken another step forward with Alstom shareholders giving the green light to its US$8.4-billion purchase of the Quebec company's railway division.
Oct 29, 2020 3:50 PM
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