News-Business

U.S. releases updated list of tough NAFTA negotiation objectives as talks resume 18 November 2017, 1:42 am


Sources say Canada and Mexico will start the months-long task of probing the U.S. for signs of willingness to compromise, though they expect little progress on the toughest sticking points.

Hudson’s Bay agrees to delay deal that would see Rhone Capital buy stake 18 November 2017, 12:16 am


The owner of Hudson’s Bay, Saks Fifth Avenue and Lord & Taylor said it expects Rhone will initially hold a 21.8 per cent voting and equity interest in the company on a partially diluted basis.

BlackBerry COO Marty Beard resigning to deal with family health situation 17 November 2017, 11:32 pm


The source who spoke on condition of anonymity says that Marty Beard will leave the company effective Dec. 1

Loblaw pre-orders 25 of Tesla’s new all-electric trucks for undisclosed price 17 November 2017, 10:42 pm


Earlier this month, Loblaw committed to have a fully electric fleet as part of the company’s commitment to reduce its carbon footprint by 2030.

Amsterdam cannabis firm to set up Canadian base in joint venture with Canopy Growth 17 November 2017, 7:56 pm


Canada’s largest licensed marijuana producer forms joint venture with Amsterdam-based Green House Brands.

TransCanada says clean up work underway after Keystone pipeline leak in South Dakota 17 November 2017, 7:09 pm


The company says about 75 crew members, as well as State and Federal officials, are on site near Amherst, S.D., with a full complement of cleanup equipment to contain the 795,000-litre spill in a farmer’s field.

‘Airbnb of pop-ups’ unveils new experience-driven retail store in Toronto 17 November 2017, 6:01 pm


The ultimate pop-up within a pop-up called Sleepover, which thisopenspace is hosting until Dec. 31 at its flagship Toronto location on Queen St., is a collection of 40 mostly small brands with a sleep-related theme.

Annual pace of inflation slows in October as gas prices calm 17 November 2017, 4:49 pm


Statistics Canada reports the rate slowed as increases in the price of gasoline were smaller than in September.

Volkswagen pledges $40 billion for self-driving and electric vehicle push 17 November 2017, 4:46 pm


The unprecedented investment comes as company seeks to defend its status as the world’s biggest automaker against new competitors Tesla Inc. and Uber Technologies Inc.

TSX rides mining, energy stocks to gains as U.S. markets dip; Canadian dollar down 17 November 2017, 4:43 pm


The S&P/TSX composite index was up 63.20 points to 15,998.57 while the loonie was trading at 78.23 cents U.S., down 0.23 of a U.S. cent.

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