Skip to content

National Business

Statistics Canada reports wholesale sales fell 1.2 per cent in August

Statistics Canada reports wholesale sales fell 1.2 per cent in August

OTTAWA — Statistics Canada says wholesale sales fell 1.2 per cent to $64.3 billion in August. Economists had expected growth of 0.3 per cent for the month, according to financial markets data firm Refinitiv.
Rogers Communications reports $593M third-quarter profit, cuts revenue guidance

Rogers Communications reports $593M third-quarter profit, cuts revenue guidance

TORONTO — Rogers Communications Inc. cut its financial guidance as it reported a profit of $593 million in its latest quarter, compared with $594 million in the same quarter last year. The cable and wireless company says it earned $1.
Lori Loughlin, other parents charged again in college scheme

Lori Loughlin, other parents charged again in college scheme

BOSTON — "Full House" actress Lori Loughlin, her fashion designer husband and nine other parents faced new federal charges Tuesday in a scandal involving dozens of wealthy parents accused of bribing their children's way into elite universities or che
CN Rail cuts profit forecast for 2019 amid 'softer' economy and lower net income

CN Rail cuts profit forecast for 2019 amid 'softer' economy and lower net income

MONTREAL — Canada's largest railroad operator cut its profit outlook for 2019 on Tuesday, saying a weaker economy has eroded rail demand. Canadian National Railway Co.
Autoworkers from closed plants fight new GM contract

Autoworkers from closed plants fight new GM contract

DETROIT — If they can close our plant, they can close yours, too.
Boeing replaces executive who oversaw 737 Max, other planes

Boeing replaces executive who oversaw 737 Max, other planes

Boeing is replacing the head of its commercial-airplanes division as it struggles with a crisis created by two deadly crashes of its newest airliner. Boeing said Tuesday that Kevin McAllister is out as chief executive of Boeing Commercial Airplanes.

US endorses tobacco pouches as less risky than cigarettes

WASHINGTON — For the first time, U.S. health regulators have judged a type of smokeless tobacco to be less harmful than cigarettes, a decision that could open the door to other less risky options for smokers.
Boris Johnson inches toward securing Brexit but delay likely

Boris Johnson inches toward securing Brexit but delay likely

LONDON — For a brief moment Tuesday, Brexit was within a British prime minister's grasp.
Facebook says Libra won't launch without US approval

Facebook says Libra won't launch without US approval

SAN FRANCISCO — Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra.
Canada's main stock index barely budges in wake of minority Liberal election

Canada's main stock index barely budges in wake of minority Liberal election

TORONTO — Canada's main stock index barely budged Tuesday in the wake of an election result that didn't stray far from market expectations. The S&P/TSX composite index closed down 26.93 points or 0.16 per cent at 16,391.52.
Rogers Media
230 The Boardwalk Kitchener, ON, N2N 0B1 © 2006-2019 Rogers Media. All rights reserved.