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Cogeco expects internet services to drive growth as customers work from home
MONTREAL — Cogeco Inc. expects to see overall growth in revenue, adjusted earnings and cash flow in its next quarter, which ends Aug. 31, but its executives said Thursday they can't predict over a longer term.
Jul 16, 2020 2:44 PM
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Women's participation in labour force reaches lowest level in three decades: RBC
TORONTO — The COVID-19 pandemic has pushed women's participation in the labour force down to its lowest level in three decades and rebounding won't be easy, says a new study from the Royal Bank of Canada. The report Thursday shows 1.
Jul 16, 2020 2:42 PM
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Experts say Twitter breach troubling, undermines trust
HONG KONG — A breach in Twitter’s security that allowed hackers to break into the accounts of leaders and technology moguls is one of the worst attacks in recent years and may shake trust in a platform politicians and CEOs use to communicate with the
Jul 16, 2020 2:18 PM
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Office subleases are flooding the market in downtown Toronto: real estate firm
TORONTO — One commercial real estate company says it has seen a “spike” in vacant offices in downtown Toronto as businesses have struggled to sublet their expensive spaces. Jones Lang LaSalle IP Inc.
Jul 16, 2020 2:08 PM
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Bank of America sees recessionary impacts 'deep into 2022'
NEW YORK — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.
Jul 16, 2020 1:00 PM
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Tesla tries to assure workers there's no big virus outbreak
DETROIT — Tesla is trying to assure its 55,000 employees that there hasn't been a big coronavirus outbreak at company facilities worldwide, despite a report by an electric vehicle industry website that over 130 Tesla employees or contractors have tes
Jul 16, 2020 12:59 PM
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Ottawa's emergency benefits program becomes a flashpoint as businesses reopen
TORONTO — Canada's emergency response benefits have become a flashpoint, as employers seek to recall workers who are still concerned about the effects of the COVID-19 pandemic.
Jul 16, 2020 12:04 PM
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Cirque du Soleil shareholders terminate offer after deal with creditors
MONTREAL — The Cirque du Soleil's shareholders terminated their takeover bid after the insolvent entertainment business reached an agreement with its creditors for an offer without any contribution from Quebec taxpayers.
Jul 16, 2020 12:01 PM
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European Central Bank urges leaders to act on economy
FRANKFURT — The European Central Bank hit pause Thursday after deploying massive stimulus measures in recent weeks and urged government leaders to do their part by agreeing on an EU-wide fund to support regions hardest hit by the virus outbreak.
Jul 16, 2020 9:54 AM
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Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey
VANCOUVER — The latest survey of businesses in British Columbia reveals few are confident the province's $1.5-billion recovery plan will help them survive or succeed.
Jul 16, 2020 9:09 AM
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