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'60 Minutes' aside, summertime escapism rules network TV

'60 Minutes' aside, summertime escapism rules network TV

LOS ANGELES — Summertime escapism in the form of talent and game shows ruled on broadcast TV, with “60 Minutes” the exception. “America's Got Talent” on NBC was the most-watched show last week, according to Nielsen company ratings out Tuesday.
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World Trade Organization: Saudis facilitated sports piracy

World Trade Organization: Saudis facilitated sports piracy

Saudi Arabia facilitated sports broadcasting piracy by blocking moves to shut it down, the World Trade Organization said in a ruling Tuesday that throws new doubts on the kingdom's takeover of English Premier League club Newcastle.
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Bank of Canada has no immediate intentions to raise interest rates, Macklem says

Bank of Canada has no immediate intentions to raise interest rates, Macklem says

OTTAWA — Canada's new top central banker says the Bank of Canada has no intention to raise interest rates given the current economic circumstances created by the COVID-19 pandemic.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,515.82, up 156.17 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 3.5 cents, or 7.61 per cent, to 49.5 cents on 21.
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North American stock markets climb on economic data and potential virus treatment

North American stock markets climb on economic data and potential virus treatment

TORONTO — North American stock markets climbed Tuesday as signs of a faster economic recovery and a promising potential treatment for COVID-19 offset lingering concerns about a second wave of infections. Markets got an early push after U.S.
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Air Canada CFO urges looser travel restrictions as PM extends border shutdown

Air Canada CFO urges looser travel restrictions as PM extends border shutdown

MONTREAL — Air Canada's chief financial officer echoed on Tuesday his boss's recent call to ease travel restrictions as the airline continues to bleed cash, despite concerns over a second wave of the COVID-19 pandemic.
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Powell warns that long downturn would mean severe damage

Powell warns that long downturn would mean severe damage

WASHINGTON — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery.
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Non-mortgage debt falls for first time in more than a decade in Q1, Equifax says

Non-mortgage debt falls for first time in more than a decade in Q1, Equifax says

TORONTO — Credit rating agency Equifax Canada says consumer average non-mortgage debt dropped for the first time in more than a decade in the first quarter as a result of the COVID-19 pandemic. This debt decreased nearly 0.
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EU authorities open twin Apple antitrust investigations

EU authorities open twin Apple antitrust investigations

LONDON — European Union regulators opened two investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the dominance of big tech compa
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Facebook strikes agreement with Canadian Press to create eight reporting jobs

Facebook strikes agreement with Canadian Press to create eight reporting jobs

TORONTO — Facebook has struck an agreement with The Canadian Press that will create eight new reporting jobs.
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