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Bombardier burns through less cash and obtains US$1B loan to operate during COVID
MONTREAL — Bombardier Inc. says it has the liquidity to operate through the COVID-19 pandemic after using less cash in the second quarter and securing a loan of up to US$1 billion.
Jul 22, 2020 9:57 AM
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AP Exclusive: Aid from top donors drops even as need soars
JOHANNESBURG — A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world’s largest government donors of humanitarian aid are buckling under the strain: Funding commitments, for the virus and otherwise, have dro
Jul 22, 2020 7:20 AM
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US accuses Chinese hackers in targeting of COVID-19 research
WASHINGTON — Hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world, the Justice De
Jul 21, 2020 10:25 PM
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GOP splits as virus aid package could swell past $1 trillion
WASHINGTON — The price tag for the next COVID-19 aid package could quickly swell above $1 trillion as White House officials negotiate with Congress over money to reopen schools, prop up small businesses, boost virus testing and keep cash flowing to A
Jul 21, 2020 10:11 PM
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B.C. tourism industry seeks $680M to rebuild after COVID-19 pandemic
VANCOUVER — British Columbia's tourism and hospitality sector believes it should receive more than one-third of a $1.5-billion COVID-19 recovery package pledged to the province by the federal government.
Jul 21, 2020 8:37 PM
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B.C. announces funding for search and rescue groups amid spike in calls
VICTORIA — Sustainable funding is on the way for search and rescue groups in British Columbia that are seeing an uptick in calls in the wake of the COVID-19 pandemic.
Jul 21, 2020 8:23 PM
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Coinsquare executives step down after accusations of market manipulation
TORONTO — Coinsquare Ltd. CEO Cole Diamond will step down after securities regulators accused the cryptocurrency company of misleading investors and manipulating the market.
Jul 21, 2020 8:20 PM
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CEO of parent company of Coach and Kate Spade resigns
NEW YORK — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade ago. Jide Zeitlin had been Tapestry Inc.
Jul 21, 2020 7:14 PM
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CN Rail recalling some of its 4,000 laid off workers as pandemic woes ease
MONTREAL, Ont. — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic.
Jul 21, 2020 6:04 PM
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Toronto market gives up early gains as oil price rise boosts energy stock prices
TORONTO — Canada's main stock index gave up early triple-digit gains on Tuesday as energy remained the sector with strong gains by the end of the trading day. The S&P/TSX composite index closed down 20.70 points at 16,162.96, despite an 8.
Jul 21, 2020 5:32 PM
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