HALIFAX – Premium Brands Holdings Corp. and a group of Mi’kmaq First Nations have banded together to buy Clearwater Seafoods in a billion-dollar deal the seafood company’s chairman says is a step towards “advancing reconciliation in Canada.” The deal announced Monday would be the largest investment in the seafood industry […]
National Business
The Associated Press
Stan Choe
Stan Choe
NEW YORK – The big rally for markets worldwide is slowing on Tuesday, but optimism remains high that the global economy may still be on track for a return to normal. It’s the second straight day that rising hopes for a COVID-19 vaccine have investors reordering which stocks they see […]
The Associated Press
Kelvin Chan
Kelvin Chan
LONDON – European Union regulators filed antitrust charges Tuesday against Amazon, accusing the e-commerce giant of using its access to data to gain an unfair advantage over merchants using its platform. The EU’s executive Commission, the bloc’s top antitrust enforcer, issued the charges after it started looking into the company […]
The Canadian Press
TORONTO – The union representing Canadian workers at General Motors says its bargaining committee has decided to continue its contract talks with the company pasts the strike deadline. Unifor had set a deadline of 11:59 p.m. on Wednesday to reach a new, three-year labour deal and encouraged members to be […]
ROCHESTER, N.Y. – Baby Nancy, the first Black baby doll to have an Afro and other authentic features, was inducted into the National Toy Hall of Fame on Thursday, along with sidewalk chalk and the wooden block game Jenga. The 2020 honorees were recognized for their creativity and popularity over […]
The Canadian Press
OTTAWA–Conservative Leader Erin O’Toole is calling for the Liberals to put a pause on federal audits of small businesses hit hard by COVID-19. He says too many small and medium-sized businesses are struggling to survive during the pandemic, and still have been hit by what he calls unfair audit requests […]
The Canadian Press
VANCOUVER – Testimony will continue today in the Meng Wanzhou court case in Vancouver. The lawyers for the Huawei executive are trying to show her arrest two years ago was unlawful and she should not be extradited to the U.S. for alleged fraud. An RCMP officer who arrested Meng testified […]
The Canadian Press
Canada’s main stock index edged lower in early trading, weighed down by losses in the financial and mining sectors a day after worries about global COVID-19 infections and U.S. stimulus talks sent stocks tumbling. The S&P/TSX composite index was down 14.21 points at 16,065.34. In New York, the Dow […]
The Canadian Press
Spin Master Corp. says it has signed a deal to buy Rubik’s Brand Ltd, owner of the Rubik’s Cube. The Toronto-based toy company is paying US$50 million. The Rubik’s Cube was invented by Erno Rubik in 1974 and launched globally in 1980. The puzzle toy went on to become a […]
The Canadian Press
Restaurant Brands International Inc. reported lower third-quarter profits compared with a year ago as sales dropped due to the pandemic. The parent company of Tim Hortons, Burger King and Popeyes, which keeps its books in U.S. dollars, said Tuesday its net income amounted to US$223 million or 47 cents per […]
The Associated Press
Martin Crutsinger
Martin Crutsinger
WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.4% increase in August and was the best gain since an 11.8% surge […]
The Associated PressJamia Pugh LOS ANGELES – Kevin Hart says hosting a re-imagined online fundraiser for the Muscular Dystrophy Association is “a major level-up for me.” “It’s different from anything that you’ve really seen me do. And there’s a great reason behind it,” said the comic and actor, who is […]
