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Rogers Communications refrains from 2021 guidance on continuing impact of COVID-19

Rogers Communications refrains from 2021 guidance on continuing impact of COVID-19

TORONTO — Rogers Communications Inc.'s isn't providing financial guidance for 2021 amid ongoing uncertainty about COVID-19, which had a big impact last year including its fourth-quarter results released Thursday.
Cenovus unveils capital spending plan, confirms up to 2,150 layoffs still targeted

Cenovus unveils capital spending plan, confirms up to 2,150 layoffs still targeted

CALGARY — Most of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.'s takeover of rival Husky Energy Inc.
Amazon asks for block on shareholder hate speech proposal

Amazon asks for block on shareholder hate speech proposal

Seattle-based Amazon.com, Inc. has asked federal regulators to block multiple shareholder proposals addressing criticism of company stances on curbing hate speech, diversity in hiring, workplace conditions and surveillance technologies.
US economy shrank 3.5% in 2020 after growing 4% last quarter

US economy shrank 3.5% in 2020 after growing 4% last quarter

WASHINGTON — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Canadian drilling forecast rises on bump in commodity price expectations

Canadian drilling forecast rises on bump in commodity price expectations

CALGARY — The association representing oilfield service companies is boosting its 2021 drilling forecast by 29 per cent thanks to a stronger commodity price outlook.
CMHC: Rental vacancies, prices edged up as COVID-19 spread across Canada

CMHC: Rental vacancies, prices edged up as COVID-19 spread across Canada

TORONTO — More rental properties sat empty in 2020, especially in the Greater Toronto Area where the vacancy rate hit a 14-year high, said Canada Mortgage and Housing Corp.
U.S. whiskey bolstered by liquor store sales in 2020

U.S. whiskey bolstered by liquor store sales in 2020

LOUISVILLE, Ky. — American whiskey absorbed some setbacks but showed resilience in the face of pandemic-related clampdowns on bars and restaurants as liquor sales benefited from enduring demand for a good stiff drink.
Panel overturns 4 Facebook content takedowns in first ruling

Panel overturns 4 Facebook content takedowns in first ruling

LONDON — Facebook’s quasi-independent oversight board issued its first rulings on Thursday, overturning four out of five decisions by the social network to take down questionable content.
New home sales rise in December after sharp November drop

New home sales rise in December after sharp November drop

SILVER SPRING, Md. — Sales of new homes rose 1.6% in December after a big decline in November that was even worse than previously thought.
Feel-good funds with positive returns draw legions of responsible investing fans

Feel-good funds with positive returns draw legions of responsible investing fans

CALGARY — Growing numbers of Canadian investors are putting their money where their hearts are and finding that investing in companies that share their convictions can also deliver respectable returns.