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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rate announcement The Bank of Canada is scheduled to make its latest interest rate announcement on Wednesday.
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Pandemic-related restaurant closures take an emotional and financial toll

Pandemic-related restaurant closures take an emotional and financial toll

Michael Raviele agonized for hours over how to break the news to his loyal customers before finally announcing at 4:30 a.m. on May 15 that he was closing Il Gatto Nero, the Italian restaurant his father first opened some six decades prior.
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Minnesota governor apologizes for arrest of CNN crew

Minnesota governor apologizes for arrest of CNN crew

NEW YORK — Following the arrest of a CNN crew on live television by police on Friday, an apologetic Minnesota Gov. Tim Walz promised that journalists would not be interfered with in reporting on violent protests following the death of George Floyd.
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Kylie Jenner, Forbes spar over story on billionaire status

Kylie Jenner, Forbes spar over story on billionaire status

LOS ANGELES — Forbes magazine, which once declared Kylie Jenner a billionaire on its cover, says she no longer deserves the title, but Jenner is pushing back.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.
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Crude has best month on record in May as prices surge 88 per cent

Crude has best month on record in May as prices surge 88 per cent

TORONTO — Canada's oil patch has little to celebrate even though crude oil prices concluded their best ever month. The price of West Texas Intermediate surged 88 per cent in May as it gained 5.2 per cent Friday to reach US$35.47 per barrel.
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Torstar buyer says Canso picked to provide financing because of media experience

Torstar buyer says Canso picked to provide financing because of media experience

TORONTO — A private investment company that is a major backer of Postmedia Network Corp. has agreed to provide financing for NordStar Capital's acquisition of Torstar Corp., the owner of the Toronto Star and other newspapers.
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CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.
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Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.
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Twitter adds 'glorifying violence' warning to Trump tweet

Twitter adds 'glorifying violence' warning to Trump tweet

WASHINGTON — Twitter has added a warning to one of President Donald Trump's tweets about protests in Minneapolis, saying it violated the platform's rules about “glorifying violence.
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