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National Business
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IMF director: virus could disrupt global recovery
WASHINGTON — The head of the International Monetary Fund said Thursday that the while the United States and other major economies turned in better-than-expected economic performances in the third quarter, the world now faces slower momentum with a re
Nov 19, 2020 12:56 PM
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CFIB calls for freeze on Canada Pension Plan premiums set to rise on Jan. 1
TORONTO — The Canadian Federation of Independent Business has asked the federal government to hold Canada Pension Plan premiums at current levels next year when they're scheduled to rise.
Nov 19, 2020 11:47 AM
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Existing home sales up 4.3% in October, fifth monthly gain
CHARLOTTE, N.C. — Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before the housing bubble popped 14 years ago. The National Association of Realtors said Thursday existing homes sales rose 4.
Nov 19, 2020 11:43 AM
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EU auditors: Antitrust probes too slow to curb tech giants
LONDON — The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.
Nov 19, 2020 11:39 AM
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US jobless claims rise to 742,000; millions to lose aid
WASHINGTON — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
Nov 19, 2020 9:47 AM
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'Wonder Woman 1984' to debut in theatres and on HBO Max
“Wonder Woman 1984” isn’t skipping theatres or moving to 2021, but it is altering course. The last big blockbuster holdout of 2020 is still opening in U.S.
Nov 18, 2020 8:03 PM
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Ivanhoe Cambridge cuts 50 positions, mainly outside Quebec, in shopping centres
MONTREAL — The real estate arm of Quebec's pension fund manager has laid off about 50 people, mostly outside of Quebec, as it continues efforts to turn around the performance of its shopping centres.
Nov 18, 2020 7:18 PM
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More CN layoffs only if business slows dramatically during second wave, says CEO
CN Rail may only have to consider another painful round of layoffs if COVID-19's second wave causes shipping volumes to drop dramatically again, its chief executive said Wednesday.
Nov 18, 2020 5:47 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,889.82, down 58.24 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 14 cents, or 0.7 per cent, to $20.11 on 12.5 million shares.
Nov 18, 2020 5:31 PM
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North American markets weighed down by COVID-19 concerns after NYC schools shut down
TORONTO — North American stock markets reversed an early upward climb as a shutdown of New York City schools heightened concerns about a spread of pandemic lockdowns.
Nov 18, 2020 5:17 PM
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