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National Business
National Business
Marriott to lay off 17% of corporate staff next month
Marriott International Inc. plans to lay off 17% of its corporate workforce next month as the coronavirus continues to take a heavy toll on the hotel industry.
Sep 9, 2020 12:02 PM
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Child care key to women's recovery from economic impacts of COVID-19: report
TORONTO — Flexible work arrangements, affordable child-care offerings and training for new jobs are all key to helping women recover from a "she-cession," says the Ontario Chamber of Commerce.
Sep 9, 2020 11:45 AM
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CPP Investments creates new senior management position to reflect anticipated growth
TORONTO — The investment manager for Canada's national retirement fund has named Edwin Cass as its first-ever chief investment officer, a position that's being created to reflect the growing size of its fund.
Sep 9, 2020 10:44 AM
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Bank of Canada warns of uneven recovery despite better than expected bounce-back
OTTAWA — The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of the COVID-19 crisis, pointing to worrying trends that signal all is still not well.
Sep 9, 2020 10:34 AM
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U.S. job posting rise to 6.6 million in July
WASHINGTON — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak. The Labor Department said Wednesday that the number of U.S.
Sep 9, 2020 10:17 AM
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CMHC reports annual pace of housing starts in Canada picked up in August
Builders broke ground on more new homes in August amid a surge in construction on apartments, condos and other types of multiple-unit housing projects in urban centres.
Sep 9, 2020 9:13 AM
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Boeing finds new problem with 787 that will delay deliveries
Boeing has recorded its first orders of the year for the grounded 737 Max, but a new flaw has surfaced in another of its planes, compounding the company's struggle to recover during a pandemic that has undercut demand for new jetliners.
Sep 8, 2020 6:35 PM
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Lululemon Q2 profits slips but sales increase, driven by e-commerce surge
VANCOUVER — Lululemon Athletica Inc. beat expectations as second-quarter profits slipped despite a two-per-cent increase in sales driven by a surge in online revenues. The Vancouver-based athleisure retailer says it earned US$86.
Sep 8, 2020 5:32 PM
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Tech startup leader John Ruffolo injured in truck collision while cycling
TORONTO — Technology investment leader John Ruffolo has been paralyzed below the waist after being hit by a truck while cycling last week.
Sep 8, 2020 5:32 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,099.52, down 118.49 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.72, or 8.5 per cent, to $18.52 on 31.8 million shares.
Sep 8, 2020 5:18 PM
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