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Wholesale sales ticked higher in May after record plunge in April

Wholesale sales ticked higher in May after record plunge in April

OTTAWA — Wholesale sales in Canada ticked higher in May after posting a record plunge in April due to the COVID-19 pandemic, Statistics Canada said Friday. The government agency said wholesale sales rose 5.7 per cent to $52.
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Cineplex lays off 130 workers in Canada and U.S. amid COVID-19 troubles

Cineplex lays off 130 workers in Canada and U.S. amid COVID-19 troubles

TORONTO — Cineplex Inc. says it is laying off more than 130 workers as the company continues to grapple with the COVID-19 pandemic and a takeover deal that has turned litigious. The Toronto-based theatre chain says workers in Canada and the U.S.
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Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

CALGARY — Despite negative impacts of the COVID-19 pandemic on production and costs, rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.
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Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

CALGARY — Rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.
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B.C. to get $2.2B in COVID-19 support, Horgan celebrates paid sick leave program

B.C. to get $2.2B in COVID-19 support, Horgan celebrates paid sick leave program

VICTORIA — British Columbia Premier John Horgan says he's proud that a national sick leave program has been announced as part of $19 billion in federal funding to support the provinces and territories during the COVID-19 pandemic.
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CDC extends US ban on cruise ships through September

CDC extends US ban on cruise ships through September

WASHINGTON — Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise in most U.S. states, including Florida.
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Leisure Acquisition pulls plug on merger agreement with Gateway Casinos

Leisure Acquisition pulls plug on merger agreement with Gateway Casinos

A U.S. company has terminated its merger agreement with Canada's Gateway Casinos and Entertainment Ltd. that could have created a publicly traded company valued at nearly $1.5 billion. Leisure Acquisition Corp.
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Arkansas to require face masks to combat coronavirus surge

Arkansas to require face masks to combat coronavirus surge

LITTLE ROCK, Ark. — Arkansas Gov. Asa Hutchinson issued an order Thursday requiring people to wear face masks in public throughout the state, which has had a surge in coronavirus cases over the past several weeks.
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Netflix promotes content chief to co-CEO; adds 10M new subs

Netflix promotes content chief to co-CEO; adds 10M new subs

NEW YORK — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company's chief content officer, Ted Sarandos, as co-CEO.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,024.50, down 38.83 points.) Air Canada (TSX:AC). Industrials. Down 72 cents, or 3.96 per cent, to $17.48 on 6.9 million shares.
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