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Picture of US economy is worrisome as virus inflicts damage
WASHINGTON — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
Nov 25, 2020 11:24 AM
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The pandemic is changing Hollywood, maybe forever
NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding.
Nov 25, 2020 11:17 AM
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Lights, camera, sell: Retailers want you to watch and shop
NEW YORK — When Jenna Powell gets in front of a camera, she can sell $10,000 worth of sparkly dresses and tie-dye hoodies in 40 minutes.
Nov 25, 2020 11:15 AM
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Canadian motor tech firm Exro to raise $30 million with share offering
CALGARY — A Canadian company developing new control products to improve efficiency and performance in electric motors and powertrains is aiming to raise between $30 million and $36.5 million through a public offering of its shares.
Nov 25, 2020 10:54 AM
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Unchanged from early estimate, US economy grew 33.1% in Q3
WASHINGTON — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%.
Nov 25, 2020 9:42 AM
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Consumer spending up a slight 0.5% as virus maintains grip
WASHINGTON — U.S. consumers increased their spending by a sluggish 0.
Nov 25, 2020 8:57 AM
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Slight gain of 1.3% in October for manufactured goods
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
Nov 25, 2020 7:51 AM
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Cascades to close its napkin plant in Laval, Que. in June 2021
KINGSEY FALLS, Que. — Cascades Inc. says it will close its napkin plant in Laval, Que., at the end of June next year. The plant currently employs 54 workers.
Nov 25, 2020 6:50 AM
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Spin Master signs Wizarding World licensing deal to develop Harry Potter toys
TORONTO — Toymaker Spin Master Corp. has announced a deal to develop toys and games based on the Harry Potter and Fantastic Beasts movies. The company says it has signed a global licensing agreement with Warner Bros.
Nov 25, 2020 6:49 AM
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CAE signs agreement with Textron to buy TRU Canada for US$40 million
MONTREAL — CAE Inc. has signed a deal with Textron to buy TRU Simulation + Training Canada Inc. for US$40 million. The company says the acquisition of expands its installed base of commercial flight simulators and customers.
Nov 25, 2020 5:11 AM
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