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National Business
National Business
CIBC to focus on winning more market share after reporting $1.02B profit in Q4
TORONTO — The chief executive of Canadian Imperial Bank of Commerce says he's determined to protect and win more market share in areas like personal and small business banking as the COVID-19 pandemic continues to rage.
Dec 3, 2020 9:27 AM
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US jobless claims remain high at 712,000 as virus escalates
WASHINGTON — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S.
Dec 3, 2020 9:21 AM
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Sean Parker OK'd to buy stake in Peter Jackson's VFX studio
WELLINGTON, New Zealand — New Zealand authorities have approved tech billionaire Sean Parker’s purchase of a one-third stake in film director Peter Jackson’s visual effects studio.
Dec 3, 2020 1:38 AM
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Hong Kong media tycoon Jimmy Lai denied bail on fraud charge
HONG KONG — Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city.
Dec 2, 2020 11:49 PM
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Waiting for passengers, American puts Boeing Max in the air
DALLAS — American Airlines is taking its long-grounded Boeing 737 Max jets out of storage, updating key flight-control software, and flying the planes in preparation for the first flights with paying passengers later this month.
Dec 2, 2020 6:34 PM
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Fed reports slowing US economic activity due to virus surge
WASHINGTON — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged.
Dec 2, 2020 6:21 PM
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Baytex Energy sets lower capital budget for 2021, targets positive free cash flow
CALGARY — Baytex Energy Corp. says its is budgeting for capital spending of between $225 million and $275 million next year, a reduction at the midpoint from what it expects to spend this year.
Dec 2, 2020 6:15 PM
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Who did it? TV viewers intrigued by HBO's 'The Undoing'
NEW YORK — The dramatic conclusion to “The Undoing,” HBO's whodunit starring Hugh Grant and Nicole Kidman, proved how it's still possible to bring people together in today's fragmented television world.
Dec 2, 2020 5:56 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,358.21, up 61.28 points.) BlackBerry Ltd. (TSX:BB). Technology. Up 50 cents, or 5.51 per cent, to $9.58 on 23.3 million shares.
Dec 2, 2020 5:49 PM
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Austria to allow Christmas skiing but many restrictions stay
VIENNA — Austria will allow skiing to start on Dec. 24, but will limit the capacity of ski lifts and keep restaurants, bars and hotels largely closed until early January, officials said Wednesday.
Dec 2, 2020 5:31 PM
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