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National Business
National Business
Spin Master takes $14.5 million Q2 loss as Hatchimals, Paw Patrol sales slip
TORONTO — Spin Master Corp. says it lost money in the second quarter as strong demand for outdoor play equipment, plushies and puzzles failed to offset declines in sales of Hatchimals and some Paw Patrol-branded merchandise.
Aug 5, 2020 5:34 PM
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TSX closes higher as energy, loonie strengthen and gold reaches another record
TORONTO — Canada's main stock index closed in positive territory on Wednesday as oil prices and the loonie strengthened and gold reached another all-time high. In Toronto, gains were widespread as the S&P/TSX composite index rose by 133.
Aug 5, 2020 5:22 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 (16,501.61, up 133.58 points.) Enbridge Inc. (TSX:ENB). Energy. Down 30 cents, or 0.68 per cent, to $43.65 on 8.43 million shares.
Aug 5, 2020 4:51 PM
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Great-West Lifeco net earnings rise to $863 million amid sale of subsidiary
Great-West Lifeco Inc. nearly doubled its second-quarter earnings from last year as it benefited from investments in digital technology and a market rebound from COVID-19.
Aug 5, 2020 4:12 PM
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Porn, rap interrupt Zoom hearing of Twitter hacking suspect
TAMPA, Fla. — The online bond hearing for a Florida teen accused of hacking prominent Twitter accounts was interrupted Wednesday by rap music and pornographic videos from users who apparently disguised their names.
Aug 5, 2020 3:21 PM
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Facebook launches its new TikTok clone, Instagram Reels
Facebook's Instagram is officially launching its answer to the hit short video app TikTok — Instagram Reels. The new Instagram feature will let users record and edit 15-second videos with audio, and will let users add visual effects.
Aug 5, 2020 2:43 PM
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Canada's merchandise trade deficit increases sharply to $3.2B in June: StatCan
Canada's trade deficit rebounded sharply in June as the movement of motor vehicles and parts revved up with a resumption of production after months of COVID-19 lockdowns.
Aug 5, 2020 2:23 PM
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Stingray CEO expects rapid growth as COVID's impact fades, new services unfold
Stingray Group Inc. management is optimistic that its global media business will be able to resume rapid growth as the impact of the COVID-19 pandemic fades and new services come out in Canada, the United States and further abroad.
Aug 5, 2020 2:20 PM
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Brookfield Infrastructure swings to loss amid currency headwinds in Brazil
TORONTO — Brookfield Infrastructure lost money to Brazilian exchange rates during the most recent quarter, but executives expressed optimism in 5G tower expansions, government investments in infrastructure, and previous experience seeing projects thr
Aug 5, 2020 2:19 PM
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Vancouver home sales jump to 3,128 in July while prices rise amid lower supply
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales and prices rose in July as more homebuyers took advantage of low interest rates to boost activity.
Aug 5, 2020 12:13 PM
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