National Business

BANFF, Alta. — The COVID-19 pandemic is fundamentally changing the way the world's economic and social orders function and some of those effects will be permanent, speakers at the Global Business Forum in Banff said on Thursday.

LAS VEGAS — Evel Knievel's son is on a collision course with the Walt Disney Co. and Pixar over a movie daredevil character named Duke Caboom.

ROME — The powerful head of the Vatican's saint-making office, Cardinal Angelo Becciu, resigned suddenly Thursday from the post and renounced his rights as a cardinal amid a financial scandal that has reportedly implicated him indirectly.

WHITEHORSE — Yukon's government has extended its COVID-19 relief program for businesses through to March.

BOLINGBROOK, Ill. — A leading U.S. cosmetics chain has halted expansion plans into Canada, saying it will instead focus on its U.S. operations and "omnichannel capabilities" including online shopping. Ulta Beauty Inc.

HONOLULU — A financially hurting Hawaii candy maker known for a memorable slogan is trying to shore up its business by offering a deal to vendors as the company faces difficulties because of the coronavirus pandemic's economic fallout.

NEW YORK — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace of sales have now reached levels last seen before the Great Recession in 2006.

Canada's flight industry is tentatively taking heart in signals from the throne speech that financial help is on the way but wants to see quick, clear action to support the sector, which has been devastated by the COVID-19 pandemic.

TORONTO — Home prices across Canada could tumble about seven per cent in 2021, as unemployment dampens the hot real estate market, according to a forecast by Moody's Analytics, Inc.

OTTAWA — Women are more likely than men to face a risk of their jobs being affected by automation, a Statistics Canada study says.