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National Business
National Business
US unemployment claims fall to 779,000 but job cuts grind on
WASHINGTON — The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic.
Feb 4, 2021 10:26 AM
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US productivity in Q4 falls by largest amount in 39 years
WASHINGTON — U.S. productivity in the October-December quarter fell by the largest amount in 39 years as the coronavirus pandemic roiled the labour market. Productivity dropped at a rate of 4.
Feb 4, 2021 10:23 AM
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Falling rents amid pandemic present opportunity for tenants to negotiate
Thanks to the COVID-19 pandemic, tenants in many parts of the country are witnessing something they haven't seen in years: falling rent prices.
Feb 4, 2021 10:12 AM
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1 tweet from Rihanna on farmer protests gets India incensed
NEW DELHI — It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi's party.
Feb 4, 2021 6:31 AM
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Oilsands giant Suncor Energy notes fourth-quarter loss on lower revenue, writedowns
CALGARY — Canadian oilsands and refining giant Suncor Energy Inc. is reporting a fourth-quarter net loss of $168 million or 11 cents per share, compared with a net loss of $2.34 billion or $1.52 in the same period of 2019.
Feb 3, 2021 7:48 PM
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New program offers B.C. businesses grants to build or expand online stores
VICTORIA — The British Columbia government is introducing a new grant program to support small and medium-sized businesses in expanding or pivoting to online sales.
Feb 3, 2021 6:45 PM
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Revised Dorel privatization proposal gets thumbs down from advisory firm Glass Lewis
MONTREAL — Investor advisory firm Glass Lewis is recommending Dorel Industries Inc. shareholders vote against a revised proposal to take the company private. The advisory firm calls the amended proposal price pump to $16 per share from $14.
Feb 3, 2021 6:15 PM
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Stingray Q3 profit up 11 per cent despite COVID-related hit to radio revenues
MONTREAL — Stingray Group Inc. reported a third-quarter profit of $14.1 million, which grew from a profit of $8.1 million in the same quarter a year earlier.
Feb 3, 2021 6:02 PM
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GM announces temporary layoffs at CAMI plant amid worldwide chip shortage
General Motors said its CAMI plant in Ontario will be idle for a week as a worldwide shortage of computer chips plagues the auto industry. The measure affects all shifts next week in the plant in Ingersoll, Ont.
Feb 3, 2021 5:30 PM
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S&P/TSX composite edges higher as energy sector gets lift from rising crude prices
TORONTO — Canada's main stock index moved higher for a third-straight day as the energy sector got a lift from crude oil prices hitting their highest level in a year. The March crude oil contract was up 93 cents at US$55.
Feb 3, 2021 5:13 PM
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