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Virus-induced spending spurs sales at Home Depot, Walmart
NEW YORK — Americans turned to Walmart and Home Depot for supplies and do-it-yourself projects as they stayed close to home at a time when new cases of virus surged, resulting in soaring sales for their fiscal second quarter.
Aug 18, 2020 3:47 PM
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PetroTal aims to restart Peru oilfield by end of August after violent protests
Calgary-based PetroTal Corp. says it expects to restart production by month's end at its Bretana oilfield in Peru after it was closed last week due to violent civil unrest.
Aug 18, 2020 3:36 PM
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Ontario Teachers' invests in warehouse robotics firm inspired by ant colonies
CALGARY — A Calgary-based firm that bases its warehouse robotics system on the structure of ant colonies says it has attracted US$50 million in funding from a group led by the Ontario Teachers’ Pension Plan Board.
Aug 18, 2020 12:52 PM
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Path to Home Depot becomes familiar for millions in pandemic
Millions of people forced to work out of the office during the pandemic took on new projects at home and Home Depot is supplying a lot of the DIY material they need. At Home Depot stores open at least a year, sales surged an remarkable 25% in the U.
Aug 18, 2020 11:59 AM
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How COVID-19 is changing back-to-school shopping and budgets
TORONTO — Vonny Sweetland has yet to decide if he will be sending his 12-year-old sister Josephine back to class in September, but just in case he does, he's been stocking up on supplies for months.
Aug 18, 2020 11:36 AM
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Texas suitor urges Calfrac shareholders to reject management restructuring plan
CALGARY — A Texas suitor for Calgary-based Calfrac Well Services Ltd. is urging shareholders to reject a management recapitalization proposal favoured by its senior debtholders.
Aug 18, 2020 11:32 AM
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US home construction surges 22.6%, third monthly increase
WASHINGTON — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic. The Commerce Department reported Tuesday that new homes were started an annual pace of nearly 1.
Aug 18, 2020 9:09 AM
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Horizon North Logistics co-CEO Rod Graham stepping down from company
TORONTO — Horizon North Logistics Inc. says that Rod Graham is stepping down as co-chief executive and president of modular solutions.
Aug 18, 2020 8:50 AM
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US approves oil, gas leasing plan for Alaska wildlife refuge
ANCHORAGE, Alaska — The Trump administration gave final approval Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, carib
Aug 17, 2020 7:39 PM
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Trump administration imposes new Huawei restrictions
The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology.
Aug 17, 2020 6:47 PM
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