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National Business
Saskatchewan reports 50 new COVID-19 cases, 44 in 'one communal living setting'
REGINA — Saskatchewan is reporting 50 new cases of COVID-19. The government says 44 of the infections are from what it calls "one communal living setting" in the north.
Jul 29, 2020 4:23 PM
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Nova Scotia moves from surplus to $853-million deficit due to pandemic
HALIFAX — After a thin $55-million surplus tabled in February's budget, COVID-19 costs have driven Nova Scotia's finances deep into the red, resulting in a $853-million deficit.
Jul 29, 2020 4:18 PM
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Plant closings send GM to 2Q loss, but signs of improvement
DETROIT — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June.
Jul 29, 2020 3:21 PM
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Henry's gets court approval to restructure family owned camera retail chain
TORONTO — Camera store chain Henry's says it has received court approval to restructure after more than a century of operations as it tries to survive in a post-pandemic world.
Jul 29, 2020 3:11 PM
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US is expected to report a record-breaking economic plunge
WASHINGTON — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year.
Jul 29, 2020 2:55 PM
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Privacy officials say LifeLabs has asked court to limit their breach report
TORONTO — Two of Canada's provincial privacy officers say that they're still unable to release a full report about last year's security breach at LifeLabs because the company has gone to court to stop them.
Jul 29, 2020 1:48 PM
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Troubles abound, Boeing losses bloom to $2.4 billion in 2Q
Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic.
Jul 29, 2020 1:45 PM
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South Korea-Japan trade fight moves to global dispute panel
GENEVA — World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to Korea of products used in semiconductors, mobile phone displays and television displays
Jul 29, 2020 1:34 PM
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Prolonged oil industry slump leads to third cut in Canadian drilling forecast
CALGARY — The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry remains mired in a slump expected to extend well into the second half of the year.
Jul 29, 2020 1:22 PM
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Aphria posts $98.8 million net loss in Q4, missing analyst estimates
Canadians may have clamoured to snatch up cannabis products as COVID-19 ravaged the country, but the demand was not enough to keep Aphria Inc. from incurring a multimillion-dollar loss and impairment charge. The Leamington, Ont.
Jul 29, 2020 12:14 PM
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