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Henry's gets court approval to restructure family owned camera retail chain
TORONTO — Camera store chain Henry's says it has received court approval to restructure after more than a century of operations as it tries to survive in a post-pandemic world.
Jul 29, 2020 1:11 PM
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US is expected to report a record-breaking economic plunge
WASHINGTON — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year.
Jul 29, 2020 12:55 PM
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Privacy officials say LifeLabs has asked court to limit their breach report
TORONTO — Two of Canada's provincial privacy officers say that they're still unable to release a full report about last year's security breach at LifeLabs because the company has gone to court to stop them.
Jul 29, 2020 11:48 AM
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Troubles abound, Boeing losses bloom to $2.4 billion in 2Q
Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic.
Jul 29, 2020 11:45 AM
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South Korea-Japan trade fight moves to global dispute panel
GENEVA — World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to Korea of products used in semiconductors, mobile phone displays and television displays
Jul 29, 2020 11:34 AM
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Prolonged oil industry slump leads to third cut in Canadian drilling forecast
CALGARY — The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry remains mired in a slump expected to extend well into the second half of the year.
Jul 29, 2020 11:22 AM
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Aphria posts $98.8 million net loss in Q4, missing analyst estimates
Canadians may have clamoured to snatch up cannabis products as COVID-19 ravaged the country, but the demand was not enough to keep Aphria Inc. from incurring a multimillion-dollar loss and impairment charge. The Leamington, Ont.
Jul 29, 2020 10:14 AM
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Enbridge reports stronger than feared Q2 Mainline oil transport volumes
CALGARY — The main export system for Western Canada's oil production is recovering after volumes fell by less than feared amid the COVID-19 economic slowdown in the second quarter, pipeline company Enbridge Inc. reported Wednesday.
Jul 29, 2020 10:06 AM
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Shopify revenues nearly double in Q2 amid COVID-19 shift to e-commerce
COVID-19 is proving to be no match for Shopify Inc., which nearly doubled revenues and reported US$36 million in profits as the pandemic raged across Canada.
Jul 29, 2020 8:34 AM
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Elevate cancels Toronto tech festival this year, launches innovation exchange
TORONTO — Organizers behind the annual Elevate tech festival say they are cancelling this year's event because of the COVID-19 pandemic.
Jul 29, 2020 8:18 AM
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