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Cineplex has made almost $40 million from online booking fees in competition case
TORONTO — Cineplex Inc. has made almost $40 million from online booking fees at the heart of deceptive marketing claims the country's competition commissioner has made against the cinema chain.
Feb 27, 2024 5:59 PM
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Starbucks and Workers United, long at odds, say they'll restart labor talks
Starbucks and the union organizing its U.S. workers said Tuesday they have agreed to begin talks with the aim of reaching labor agreements .
Feb 27, 2024 5:26 PM
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Lynx Air hoped its purchase by Flair would ease debt woes
Before its shutdown this week, Lynx Air hoped to pay off some of its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
Feb 27, 2024 5:21 PM
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Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations
NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Feb 27, 2024 5:12 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,318.90, down 5.41 points): Suncor Energy Inc. (TSX:SU). Energy. Down 18 cents, or 0.39 per cent, to $45.50 on 18.1 million shares.
Feb 27, 2024 4:53 PM
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S&P/TSX composite index little changed Tuesday, U.S. markets mixed
TORONTO — Canada's main stock index was little changed Tuesday as bank earnings began to roll in, while U.S. markets were mixed. The S&P/TSX composite index was down 5.41 points at 21,318.90.
Feb 27, 2024 4:37 PM
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Why do so many discount airlines fold? Lynx Air is latest in a line of failures
Lynx Air ceased to fly this week, the latest in a long line of discount carriers to bite the departures dust — brought down in part by stiff competition, high fees and Canada’s vast geography.
Feb 27, 2024 4:32 PM
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Stock market today: Wall Street holds steady near record highs
NEW YORK (AP) — Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%.
Feb 27, 2024 4:10 PM
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Scotiabank, BMO prepare for near-term loan weakness and better times ahead
TORONTO — The start of first quarter bank earnings saw Scotiabank and BMO put more money aside for loans that may go sour in the near-term, while they forecast better conditions ahead.
Feb 27, 2024 3:54 PM
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Identity, mortgage fraud on the rise as economic pressures mount: Equifax survey
TORONTO — A new Equifax Canada survey finds people are increasingly worried about a potential rise in fraudulent activity as economic pressures build. "Any time you see financial stress or an economic downturn, inevitably ...
Feb 27, 2024 3:35 PM
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