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US home sales fell 1.3% in January
WASHINGTON — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
Feb 21, 2020 12:43 PM
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Teck Resources warns of $1.13B charge if Frontier oilsands mine rejected
VANCOUVER — Teck Resources Ltd. says it will take an impairment charge of about $1.13 billion if the federal government decides not to approve its Frontier oilsands mining project. A decision on the $20.
Feb 21, 2020 12:39 PM
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Lululemon stores in China mostly closed due to novel coronavirus outbreak
VANCOUVER — Most of Lululemon Athletica Inc.'s nearly 40 stores in China have been closed since early February amid the novel coronavirus outbreak, the company said.
Feb 21, 2020 11:50 AM
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Armani rails against baring trends by fellow designers
How much to show and how much not to show, that is the fashion question this season. It may be reductive to say that runway shows are about how women dress. But the conversation has sharpened in the #MeToo era.
Feb 21, 2020 9:54 AM
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Retail sales flat in December, sector's 2019 growth was lowest in a decade: Statcan
OTTAWA — Canadian retail sales were virtually unchanged in December compared with the prior month, ending a year with the smallest increase in retail sales since 2009 when the country was hit by the financial crisis, Statistics Canada said Friday.
Feb 21, 2020 9:42 AM
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Magna says some plants in China still offline, parts supplies a concern
AURORA, Ont. — Magna International Inc. says its operations in China are still running under capacity because of the novel coronavirus outbreak, but that it's too early to say what the long-term impacts might be. The Aurora, Ont.
Feb 21, 2020 9:36 AM
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RBC monitors coronavirus and rail blockades as it reports Q1 profit
TORONTO — Royal Bank of Canada is monitoring the recent, novel coronavirus outbreak and rail blockades across the country, but says it's too early to see the full impact of either yet.
Feb 21, 2020 9:05 AM
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China suspends more penalties on US goods after trade truce
BEIJING — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
Feb 21, 2020 8:26 AM
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Enerplus reports $429.1M Q4 loss due to non-cash goodwill impairment charge
CALGARY — Enerplus Corp. reported a loss of $429.1 million in its latest quarter as it took a non-cash goodwill impairment charge related to its Canadian business. The company says the loss amounted to $1.
Feb 21, 2020 7:24 AM
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Home Capital Group reports $37.2M Q4 profit, up from $35.8M a year ago
TORONTO — Home Capital Group Inc. reported a fourth-quarter profit of $37.2 million, up from $35.8 million in the same quarter a year earlier. The alternative mortgage lender says the profit amounted to 65 cents per share for the quarter ended Dec.
Feb 21, 2020 6:34 AM
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