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Obsidian hostile takeover bid for Bonterra shows 'frustration,' analysts say
CALGARY — A hostile takeover offer by Obsidian Energy Ltd. launched by making public a letter to the CEO of Bonterra Energy Corp. demonstrates growing frustration at the slow pace of consolidation in the sector, energy industry analysts say.
Aug 31, 2020 4:12 PM
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Starbucks Canada to require customers wear masks in stores on Sept. 14
TORONTO — Starbucks Canada says it will start requiring customers to wear facial coverings while in its cafes in mid-September. The company says the rule will come into effect at all of its company-owned cafes in Canada on Sept. 14.
Aug 31, 2020 2:42 PM
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New Uber contract could have chilling effect on class action, says lawyer
TORONTO — Uber Technologies Inc.
Aug 31, 2020 1:47 PM
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Berkshire Hathaway takes stakes in Japanese trading houses
TOKYO — Billionaire investor Warren Buffett’s Berkshire Hathaway said Monday it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment.
Aug 31, 2020 1:31 PM
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Banking regulator phasing out pandemic-related rules on mortgage deferrals
OTTAWA — Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic.
Aug 31, 2020 11:29 AM
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Whitecap offers to buy NAL Resources from Manulife for $155 million in shares
CALGARY — Whitecap Resources Inc. says it has struck an all-stock deal to buy private oil and gas producer NAL Resources Ltd. for the equivalent of about $155 million. The Calgary-based company says it will issue 58.
Aug 31, 2020 10:57 AM
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Unifor says autoworkers vote to approve strike action if needed in talks
TORONTO — The union representing Canadian workers at the Detroit Three automakers have voted to approve strike action if needed in their contract negotiations. In votes that took place over the weekend, Unifor says workers at General Motors voted 95.
Aug 31, 2020 10:07 AM
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'Tenet' launches with $53M in overseas gambit at box office
NEW YORK — The first wave of big new movies released since the beginning of the pandemic, including Christopher Nolan's “Tenet” and the long-delayed “X-Men” spinoff “The New Mutants," arrived in theatres over the weekend, testing the waters of a radi
Aug 30, 2020 2:53 PM
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Classical agency Columbia Artists says it will shut down
NEW YORK — Columbia Artists Management Inc., one of the leading agencies representing classical music performers, says it is shutting down. A statement emailed Saturday to CAMI artists said the agency is closing its doors Monday.
Aug 30, 2020 12:14 PM
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Co-working companies adjust to running shared workspaces in a pandemic
TORONTO — Flexible short-term workspaces from companies like WeWork, Spaces or Regus were once hailed as the future of the office as more people branched off into startups, freelance and gig work that allowed them to work from anywhere, with only int
Aug 30, 2020 11:30 AM
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