Skip to content

National Business

Weinstein seeks to pursue arbitration over firing

Weinstein seeks to pursue arbitration over firing

DOVER, Del. — Disgraced Hollywood film mogul and convicted rapist Harvey Weinstein is asking a bankruptcy judge in Delaware to allow him to pursue arbitration in New York over what he claims is his wrongful termination from the company he co-founded.
June retail sales topped pre-pandemic levels in June, StatCan reports

June retail sales topped pre-pandemic levels in June, StatCan reports

Canadians eager to shop after staying home earlier in the year to stop the spread of COVID-19 boosted retail sales above pre-pandemic levels in June, though a fall retreat is likely as government stimulus measures and worries about a possible second

Regulator charges B.C. firm's cedar leaf oil coronavirus claims were misleading

CALGARY — The Alberta Securities Commission is alleging a Vancouver company made misleading statements when it claimed to be researching and developing for sale a cedar leaf oil vapour product to prevent the spread of the coronavirus.
Airbnb bans parties and groups over 16 people amid public health concerns

Airbnb bans parties and groups over 16 people amid public health concerns

Airbnb announced this week it would ban "all parties and events at Airbnb listings," setting a cap of 16 people per rental property. The home-sharing platform said the move was in the best interest of public health.
Michigan appeals court upholds governor's emergency powers

Michigan appeals court upholds governor's emergency powers

LANSING, Mich. — Michigan Democratic Gov.
TD reaches settlement after U.S. investigation into bank's overdraft practices

TD reaches settlement after U.S. investigation into bank's overdraft practices

TORONTO — The U.S. arm of TD Bank Group has reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau after an investigation into its marketing and sales practices related to its overdraft services. The U.S.
Low rates and heavy buyer demand send US home sales surging

Low rates and heavy buyer demand send US home sales surging

SILVER SPRING, Md. — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.
U.S. rival a 'wolf in sheep's clothing' attempting a takeover, charges Calfrac

U.S. rival a 'wolf in sheep's clothing' attempting a takeover, charges Calfrac

CALGARY — Calfrac Well Services Ltd. says a U.S. competitor urging shareholders to reject its recapitalization plan is a "wolf in sheep's clothing" whose real goal is a corporate takeover.
Cannabis retailers High Tide and Meta merge in deal giving them 63-store network

Cannabis retailers High Tide and Meta merge in deal giving them 63-store network

TORONTO — Cannabis retailers High Tide Inc. and Meta Growth Corp. will merge in a new deal that they say will make them the largest legal pot shop network in Canada.
UK public debt breaches 2 trillion-pound mark for first time

UK public debt breaches 2 trillion-pound mark for first time

LONDON — Britain's government debt has breached the 2 trillion-pound ($2.6 trillion) mark for the first time after heavy borrowing to support the economy during the coronavirus pandemic.