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Sony's profits dive as stores, cinemas close during pandemic
TOKYO — Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains.
May 13, 2020 4:35 AM
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Fauci warns: More death, econ damage if US reopens too fast
WASHINGTON — The U.S.
May 12, 2020 10:27 PM
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Virus consipracy-theory video shows challenges for big tech
CHICAGO — One by one, tech companies across Silicon Valley scrambled to take down a slickly produced video of a discredited researcher peddling a variety of conspiracy theories about the coronavirus. It was all too late.
May 12, 2020 7:56 PM
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Boeing goes another month without a single airliner order
Boeing failed to sell a single commercial airplane but saw orders for 108 planes cancelled in April as a sharp drop in air travel erased any demand among airlines for new jetliners.
May 12, 2020 7:06 PM
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Teck CEO defends strategy at mining conference as investors launch criticism
The CEO of Teck Resources Ltd. defended his company's growth strategy on Tuesday as dissident shareholders criticized what they called "underperforming" investments in coal and oilsands.
May 12, 2020 6:02 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,881.16, down 222.06 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 19 cents, or 1.11 per cent, to $16.94 on 28.
May 12, 2020 5:55 PM
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'60 Minutes' wins ratings, President Trump's attention
NEW YORK — “60 Minutes” managed to win the week's ratings competition and attract the attention of President Donald Trump on the same week. With 9.
May 12, 2020 5:51 PM
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North American stock markets drop on concerns over economic reopenings
TORONTO — North American stock markets lost ground Tuesday on heightened concerns about the pace of economic reopenings during the COVID-19 pandemic. Investor jitters were heightened by U.S. Senate testimony from Dr.
May 12, 2020 5:49 PM
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Why prospect of deflation could pose a threat to US economy
WASHINGTON — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
May 12, 2020 2:33 PM
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India's prime minister announces huge virus relief package
NEW DELHI — Indian Prime Minister Narendra Modi announced Tuesday that the government will spend more than $260 billion, the equivalent of nearly 10% of the country's GDP, on a coronavirus economic relief package designed to make the world's second m
May 12, 2020 12:48 PM
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