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National Business
National Business
Sobeys CEO calls competitors' fee increases on suppliers 'repugnant'
The head of Sobeys Inc. says the grocer won't follow its Canadian competitors in unilaterally hiking supplier fees, calling the practice "hard to believe and repugnant.
Oct 28, 2020 5:35 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 (15,586.57, down 434.37 points.) Husky Energy Inc. (TSX:HSE). Energy. Down 24 cents, or 6.3 per cent, to $3.57 on 15.4 million shares.
Oct 28, 2020 5:30 PM
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COVID-19 infection spike pushes S&P/TSX composite to more than three-month low
TORONTO — Canada's main stock index sank to a more than three-month low midweek as global spike in COVID-19 infections raised fears of new lockdowns.
Oct 28, 2020 5:04 PM
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Inequality in capital markets sector continues to hurt women, BIPOC and LGBTQ: report
TORONTO — A culture of inequality continues to persist in Canada's capital markets sector and the brunt of it is felt by women and people who are racialized, Indigenous or identify as LGBTQ2S+, a new report says.
Oct 28, 2020 4:05 PM
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Toronto city councillors unanimously approve extending patio season through winter
Toronto city council has approved a measure to extend the city's outdoor dining season through the winter months. At a meeting on Tuesday, councillors unanimously approved a motion to extend the CafeTO program until mid-April.
Oct 28, 2020 3:35 PM
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Social media CEOs get earful on bias, warning of new limits
WASHINGTON — With next week's election looming, the CEOs of Twitter, Facebook and Google received a hectoring from Republicans at a Senate hearing Wednesday for alleged anti-conservative bias in the companies' social media platforms — and were warned
Oct 28, 2020 3:26 PM
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Amazon launches Swedish site in 1st leg of Nordic expansion
STOCKHOLM — Amazon has launched a website in Sweden as the first leg of a long-anticipated expansion into the tech-savvy Nordic region that is expected to have a major long-term impact on brick-and-mortar stores and e-commerce. The U.S.
Oct 28, 2020 12:33 PM
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Italian regulator investigates Google over digital ads
ROME — Italian regulators opened an investigation Wednesday into Google over alleged abuse of its dominant role in the country's online ad market, adding to the global scrutiny that the Silicon Valley company is facing.
Oct 28, 2020 12:31 PM
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N.B. seafood giant Cooke buys insolvent U.S. fish processor, expands global reach
BLACKS HARBOUR, N.B. — A division of New Brunswick seafood giant Cooke Inc. has acquired Mariner Seafood LLC of New Bedford, Mass., expanding the family-owned company's operations in the United States.
Oct 28, 2020 12:21 PM
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General Electric's 3Q adjusted profit surprises Wall Street
General Electric narrowed its losses in its third quarter as it trimmed expenses and managed to post an adjusted profit that surprised Wall Street. GE lost $1.19 billion, or 14 cents per share, for the three months ended Sept. 30.
Oct 28, 2020 11:32 AM
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