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National Business
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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending
TORONTO — Sleep Country sa¹ú¼Ê´«Ã½ Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
Aug 8, 2024 2:58 PM
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Fight brewing at CRTC over first Online News Act payment by Google
OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
Aug 8, 2024 2:54 PM
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Court hears arguments in civil suit filed by Frank Stronach's granddaughter
An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
Aug 8, 2024 2:50 PM
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Pembina Pipeline earns $479 million in second quarter, ups full-year forecast
CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.
Aug 8, 2024 2:41 PM
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Quebecor calls on regulator to address network access issues as it pushes expansion
Quebecor Inc. says it's pushing sa¹ú¼Ê´«Ã½'s telecom regulator to help resolve network access issues that are holding back the Quebec-based company's expansion plans.
Aug 8, 2024 2:36 PM
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Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy . The S&P 500 jumped 2.
Aug 8, 2024 2:36 PM
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Court approves Postmedia bid for insolvent Atlantic newspaper chain
HALIFAX — Postmedia Network Inc. has won court approval for its bid to buy Atlantic sa¹ú¼Ê´«Ã½'s largest newspaper chain, but the company says the acquisition will lead to job cuts.
Aug 8, 2024 2:04 PM
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Fares could rise after Calgary hailstorm forces airlines to cancel flights: experts
Experts say airfares may go up in the immediate aftermath of a hailstorm that tore through Calgary on Monday evening, damaging planes at WestJet and Flair Airlines and upending travel plans for thousands of passengers.
Aug 8, 2024 1:57 PM
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Linamar reports earnings rise to $174.1 million, CEO to become executive board chair
GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top role.
Aug 8, 2024 1:55 PM
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S&P/TSX composite up almost 350 points, U.S. stock markets also rally
TORONTO — sa¹ú¼Ê´«Ã½'s main stock index rose almost 350 points Thursday, powered by a broad-based rally on the Toronto market, while U.S. stocks also surged higher.
Aug 8, 2024 1:45 PM
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