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National Business
National Business
Pembina Q2 revenues climb on elevated commodity prices while profit dips
CALGARY — Pembina Pipeline Corp. says its net profit dipped in the second quarter despite higher total revenues as elevated commodity prices drove up volumes on its pipeline systems and facilities.
Aug 6, 2021 2:57 PM
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Magna cuts 2021 revenue forecast as chip shortages expected to reduce vehicle output
TORONTO — Magna International Inc. has cut its revenue forecast for the year due to an expected reduction in global light vehicle production caused by ongoing semiconductor chip shortages.
Aug 6, 2021 2:23 PM
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'Not where we want to be': Canopy Growth CEO says market share softened in Q1
Canopy Growth Corp.'s chief executive says the company's hold on the cannabis market has been threatened in the last few months, even as it went on an acquisition spree and tried to overhaul its business.
Aug 6, 2021 1:06 PM
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Sheriff: Aide who accused Cuomo files criminal complaint
ALBANY, N.Y. (AP) — A woman who accused Gov. Andrew Cuomo of groping her breast at the governor's state residence filed a criminal complaint against him, the Albany County Sheriff's office said Friday.
Aug 6, 2021 12:07 PM
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Hezekiah Walker looks to bring gospel music center to HBCU
LOS ANGELES (AP) — Hezekiah Walker became a student at Virginia Union University two years ago, but the Grammy-winning gospel singer took his collegiate experience to the next level by opening a gospel music center on the campus.
Aug 6, 2021 11:40 AM
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Inter Pipeline Q2 profit more than doubles to $145.5 million on revenue boost
CALGARY — Inter Pipeline Ltd. says its net profit more than doubled in its latest quarter as revenues increased 30 per cent. The Calgary-based pipeline firm reported after markets closed Thursday that it earned $145.
Aug 6, 2021 11:25 AM
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Constellation Software misses expectations despite improved Q2 results
TORONTO — Constellation Software Inc. missed expectations despite posting improved second-quarter results. The Toronto-based technology firm, which reports in U.S.
Aug 6, 2021 10:58 AM
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Hezbollah, Israel trade fire in dangerous Mideast escalation
BEIRUT (AP) — The militant Hezbollah group fired a barrage of rockets toward Israel on Friday, and Israel hit back with artillery in a significant escalation between the two sides.
Aug 6, 2021 10:49 AM
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Shareholder advisory firm backs rejecting Exfo privatization offer
QUEBEC — Proxy advisory firm Glass Lewis has differed from Institutional Shareholder Services Inc. in recommending that minority shareholders of Exfo Inc. vote against the founder's proposal to take the company private.
Aug 6, 2021 10:45 AM
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Western Forest Products Q2 profit soars to $78.3 million on surging lumber prices
VANCOUVER — Western Forest Products Inc. beat expectations as surging lumber prices strongly boosted its second-quarter results. The Vancouver-based company says its net income soared to $78.3 million or 21 cents per share, up from $8.
Aug 6, 2021 9:50 AM
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