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National Business
National Business
Lowe's strikes deal to build $120-million Calgary distribution centre
CALGARY — Lowe's Canada says work will start this month on a new distribution centre located northeast of Calgary designed to improve its in-store and online operations in Western Canada.
Jun 10, 2020 1:14 PM
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Virus pummels global economy, jobs - even without 2nd wave
PARIS — The virus crisis has triggered the worst global recession in nearly a century -- and the pain is not over yet even if there is no second wave of infections, an international economic report warned Wednesday.
Jun 10, 2020 9:12 AM
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May consumer prices fall 0.1%, the third consecutive month
WASHINGTON — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession. The Labor Department said Wednesday that its consumer price index fell 0.
Jun 10, 2020 9:06 AM
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US consumer spending sinks by record 13.6% in face of virus
WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
Jun 10, 2020 8:59 AM
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'Cops,' on air for 33 seasons, dropped by Paramount Network
LOS ANGELES — After 33 seasons on the air, “Cops” has been dropped by the Paramount Network as protests against police proliferate around the world.
Jun 10, 2020 8:41 AM
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Movie theatres, shuttered for months, plan July reopening
NEW YORK — After three months of near total blackout of cinemas nationwide, movie theatres are preparing to reopen — even if it means only a few titles on the marquee and showings limited to as little as 25% capacity.
Jun 9, 2020 9:08 PM
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Ontario child-care centres to reopen Friday; Some parents reluctant to send kids
TORONTO — Child-care centres in Ontario will be allowed to reopen Friday with a long list of restrictions in place, including on the number of people per room, extra cleaning and COVID-19 screening measures.
Jun 9, 2020 8:15 PM
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IBM quits facial recognition, joins call for police reforms
IBM is getting out of the facial recognition business, saying it's concerned about how the technology can be used for mass surveillance and racial profiling.
Jun 9, 2020 5:46 PM
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US employers laid off 7.7 million workers in April
BALTIMORE — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
Jun 9, 2020 5:21 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 (15,833.74, down 141.17 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.62 per cent, to 63 cents on 40.
Jun 9, 2020 5:07 PM
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