Skip to content

National Business

Popeyes to roll out viral chicken sandwich Canada-wide amid physical distancing

Popeyes to roll out viral chicken sandwich Canada-wide amid physical distancing

TORONTO — Popeyes' much-hyped chicken sandwich will go on sale Canada-wide on Monday, after trial launches in Edmonton and southern Ontario earlier this year. The sandwich made headlines for rapidly selling out after it was released in the U.S.
Read more >
Roots reports first-quarter loss, sales down 38% compared with a year ago

Roots reports first-quarter loss, sales down 38% compared with a year ago

Roots Corp. reported a $1.8-million loss in its latest quarter as its sales fell 38 per cent compared with a year ago due to the COVID-19 pandemic. Sales in what was the company's second quarter totalled $38.2 million, down from $61.
Read more >
Pilots' union says it has a no-furloughs deal with United

Pilots' union says it has a no-furloughs deal with United

CHICAGO — The pilots’ union at United Airlines said Wednesday it has reached an agreement with the carrier to prevent the furlough of nearly 3,000 pilots when a federal prohibition on job cuts ends Oct. 1.
Read more >
Mall owners close to buying JC Penney out of bankruptcy

Mall owners close to buying JC Penney out of bankruptcy

NEW YORK — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.
Read more >
Lightspeed POS announces public offering in the United States and listing on NYSE

Lightspeed POS announces public offering in the United States and listing on NYSE

MONTREAL — Lightspeed POS Inc. says it will launch an initial public offering of its voting shares in the United States to help fund its growth strategies.
Read more >
Husky asks for government investment while reviewing West White Rose project

Husky asks for government investment while reviewing West White Rose project

ST. JOHN'S, N.L. — Husky Energy Inc. is asking the federal government and the province of Newfoundland and Labrador to make a "direct investment" in its partly completed $2.2-billion West White Rose offshore oil project.
Read more >
North American stock markets bounce back from three-day tech-led correction

North American stock markets bounce back from three-day tech-led correction

TORONTO — North American stock markets enjoyed a broadly based bounce-back midweek after a three-day correction driven by the technology sector. All 11 sectors of the TSX were higher led by materials, consumer staples and technology.
Read more >
Stocks bounce back on Wall Street as tech bloodletting halts

Stocks bounce back on Wall Street as tech bloodletting halts

NEW YORK — Wall Street snapped back to life on Wednesday, recovering from its worst stretch of losses in months, as the bloodletting for big technology stocks came to at least a temporary halt.
Read more >
TD faces class-action lawsuit over travel insurance and cancelled trips amid pandemic

TD faces class-action lawsuit over travel insurance and cancelled trips amid pandemic

Toronto-Dominion Bank is facing a class-action lawsuit over its refusal to pay travel insurance claims following trip cancellations triggered by the COVID-19 pandemic.
Read more >
Bank CEOs juggling careful spending with new consumer habits during COVID-19

Bank CEOs juggling careful spending with new consumer habits during COVID-19

TORONTO — The CEOs of Canada's big banks say the COVID-19 pandemic has pushed their companies to balance quickly adapting to new consumer habits with a careful approach to combating economic pressures.
Read more >