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National Business
Rising US job losses stir fears of lasting economic damage
WASHINGTON — The coronavirus crisis threw at least 2.
May 28, 2020 10:09 PM
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Huawei's ambitions for Canada stalled by rift with China, security expert says
TORONTO — Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.
May 28, 2020 8:41 PM
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CN Rail feeling slowdown as auto and crude revenues drop, prompting job cuts
MONTREAL — Business at Canadian National Railway Co. has gone downhill since mid-March, leading to thousands of temporary job cuts at the company as the COVID-19 pandemic rips into a sector that serves as a barometer of economic cycles.
May 28, 2020 7:23 PM
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Tesla's Musk earns $770M in stock options, company confirms
DETROIT — Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.
May 28, 2020 7:12 PM
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Aritzia Inc. expects 45% drop in net revenue in first quarter due to COVID-19
VANCOUVER — Clothing retailer Aritzia Inc. expects its net revenue is about 45 per cent lower for the current quarter compared with the same time last year due to COVID-19 related store closures and despite a significant spike in online sales.
May 28, 2020 7:02 PM
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Endeavour and Semafo shareholders overwhelmingly approve $1B merger
MONTREAL — Two Montreal-based mining companies with West African gold operations say their shareholders have overwhelmingly approved a $1-billion combination deal. SEMAFO Inc. and Endeavour Mining Corp. say more than 99.
May 28, 2020 6:27 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,262.73, down 9.30 points.) Sun Life Financial Inc. (TSX:SLF). Financials. Down 30 cents, or 0.62 per cent, to $48.09 on 24.
May 28, 2020 5:18 PM
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Toronto stock market dips on weakness in the energy and financials sectors
TORONTO — Canada's main stock index slipped lower at the end of Thursday trading as a two-day rally by the heavyweight financials sector concluded with banks being among the biggest decliners on the day.
May 28, 2020 5:06 PM
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Court denies request to revive US pipeline permit program
BILLINGS, Mont. — A U.S. appeals court on Thursday turned down a request by the Trump administration and energy industry groups to revive a permit program for new oil and gas pipelines that had been cancelled by a lower court.
May 28, 2020 5:00 PM
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Private nursing home owners under pressure as COVID-19 exposes flaws in system
CALGARY — The owners of Canada's private nursing homes are under increasing pressure from investors and critics alike as infections and deaths from the COVID-19 outbreak continue among the country's oldest and most vulnerable citizens.
May 28, 2020 4:56 PM
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