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National Business
Porter Airlines extends suspension of flights another month to July 29
TORONTO — Porter Airlines is extending the suspension of all of its flights by another month until July 29.
May 26, 2020 10:57 AM
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US home price gains quickened in March as sales plunged
WASHINGTON — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.
May 26, 2020 10:04 AM
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George R.R. Martin joins group to buy historic railway
SANTA FE, N.M. — George R.R. Martin, the famed author of the “Game of Thrones” fantasy series, has joined a group to buy the historic Santa Fe Southern Railroad.
May 26, 2020 9:29 AM
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Clothing retailer Roots names Meghan Roach as new chief executive
TORONTO — Clothing retailer Roots Corp. has named Meghan Roach as its new chief executive. Roach, who has been interim chief executive since January, replaces Jim Gabel, who left the company after the board expressed a need for "renewed leadership.
May 26, 2020 8:46 AM
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Educational publisher Nelson sells university textbook business to Top Hat
TORONTO — Educational publisher Nelson has signed a deal to sell its domestic university textbook business to Top Hat and says it plans to focus on the kindergarten-to-Grade 12 market. Financial terms of the agreement were not immediately available.
May 26, 2020 7:50 AM
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Asia Today: South Korea to require masks on transit, flights
BANGKOK — South Koreans will be required to wear masks when using public transportation and taxis nationwide starting Tuesday as authorities look for more ways to slow the spread of the coronavirus as people increase their public activities.
May 25, 2020 8:10 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,075.42, up 161.78 points.) HEXO Corp. (TSX:HEXO). Health care. Up 21 cents, or 23.86 per cent, to $1.09 cents on 22.3 million shares.
May 25, 2020 7:47 PM
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Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19
MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
May 25, 2020 5:25 PM
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Ontario used auto dealers expect tough year ahead, prices already down
TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.
May 25, 2020 4:48 PM
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Toronto stock market rally led by cannabis while U.S. stock markets closed
TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
May 25, 2020 4:47 PM
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