Skip to content

National Business

HBC Q2 loss grows as retailer repositions to focus on Hudson's Bay, Saks banners

HBC Q2 loss grows as retailer repositions to focus on Hudson's Bay, Saks banners

TORONTO — Hudson's Bay Co. reported a $984-million loss in its latest quarter as its bottom line was eroded by a number of one-time charges and its flagship Canadian retail banner experienced weaker sales compared with last year.
Realtor groups push for eased mortgage rules as federal campaign gets underway

Realtor groups push for eased mortgage rules as federal campaign gets underway

TORONTO — Real estate associations representing nearly three-quarters of the realtors in Canada have called for federal parties to commit to ease mortgage rules as the election campaign gets underway.
Transat loss more than doubles as it works to complete Air Canada deal

Transat loss more than doubles as it works to complete Air Canada deal

MONTREAL — Transat AT Inc.'s third-quarter net loss more than doubled from the same time last year as the tour operator worked to complete its takeover by Air Canada. The Montreal-based company lost $11.
How to tame addiction to subscriptions that can be a hidden drain on finances

How to tame addiction to subscriptions that can be a hidden drain on finances

TORONTO — When it comes to spending, it's often easy to overlook the small, routine expenses because they happen without requiring much thought.

Retrial ordered in bias case against Keller restaurant group

SAN FRANCISCO — A California judge has ordered a retrial in a pregnancy discrimination case brought against the Thomas Keller Restaurant Group.

Lawsuit over profits from Fox series "Bones" is settled

LOS ANGELES — A lawsuit over profits between the producers and stars of the show "Bones" and 21st Century Fox has been settled.

Yahoo Japan plans tender offer for retailer Zozo at $3.7B

TOKYO — Yahoo Japan Corp. announced on Thursday a tender offer worth an estimated 400 billion yen ($3.7 billion) for Zozo Inc., a Japanese online retailer started by a celebrity tycoon.
Government plans to ban flavours used in e-cigarettes

Government plans to ban flavours used in e-cigarettes

WASHINGTON — The federal government will act to ban thousands of flavours used in e-cigarettes, President Donald Trump said Wednesday, responding to a recent surge in underage vaping that has alarmed parents, politicians and health authorities nation

3 Saskatchewan potash mines face short fall shutdown, workers laid off: Nutrien

SASKATOON — Up to 700 workers are to be temporarily laid off this fall at three Nutrien Ltd. potash mines in Saskatchewan.

Judge: StarKist to pay $100M fine in tuna price-fixing case

SAN FRANCISCO — A federal judge in San Francisco on Wednesday ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy involving the industry's top three companies.