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Wealthsimple adds 'risky' label to GameStop, BlackBerry stocks amid investor frenzy
TORONTO — A rollercoaster week of trading for investors in GameStop, BlackBerry and other hot stocks has resulted in trading bans, warning labels for certain stocks and questions over both fairness and systemic risk in the financial system.
Jan 29, 2021 4:50 PM
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Ottawa orders independent review panel for Suncor Energy oilsands mine extension
CALGARY — Ottawa says it is referring the impact assessment of a Suncor Energy Inc. oilsands mine extension in northern Alberta to an independent review panel.
Jan 29, 2021 4:33 PM
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Maritime Bus gets $720,000 in funding to operate routes in northern New Brunswick
FREDERICTON — A last-minute government injection of $720,000 appears to have saved bus routes in northern New Brunswick that a private bus operator wanted to cut because of a drop in ridership attributed to the COVID-19 pandemic.
Jan 29, 2021 4:01 PM
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US employment costs rise modestly in fourth quarter
SILVER SPRING, Md. — Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy. Total U.S. workers compensation rose 0.
Jan 29, 2021 2:51 PM
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Domtar CEO John Williams contracts COVID-19, takes medical leave of absence
FORT MILL, S.C. — Domtar Corp. says president and chief executive John Williams has contracted COVID-19 and will take a temporary medical leave of absence.
Jan 29, 2021 1:33 PM
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Package-free stores: How the zero-waste lifestyle movement is boosting a retail trend
HALIFAX — Customers at The Tare Shop in Halifax are creative with their containers: Some use classic jars but others reuse yogurt containers, pots and pans or even empty glass liquor bottles.
Jan 29, 2021 1:19 PM
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Michigan approves Great Lakes oil pipeline tunnel permits
TRAVERSE CITY, Mich. — Michigan's environmental agency said Friday it has approved construction of an underground tunnel to house a replacement for a controversial oil pipeline in a channel linking two of the Great Lakes.
Jan 29, 2021 12:59 PM
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Preliminary GDP data suggests 2020 was worst year on record
OTTAWA — Canada's economy appears to have suffered its worst year on record as the national statistics agency's preliminary estimate showed a contraction of 5.1 per cent in 2020.
Jan 29, 2021 12:27 PM
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China finance official executed in bribery case
BEIJING — The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case. Lai Xiaomin of China Huarong Asset Management Co.
Jan 29, 2021 11:40 AM
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Caterpillar 4Q sales slip, but results top Wall Street
Caterpillar’s fourth-quarter sales dropped 15% as an unchecked pandemic continued to sap demand for big machinery, but the damage was not as bad as most had expected. Sales were $11.24 billion, down significantly from last year's $13.
Jan 29, 2021 11:39 AM
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