National Business

WASHINGTON — The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S.

CALGARY — Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.

TORONTO — RBC Ventures business Ownr says it has acquired Founded Technologies. Ownr was founded in 2017 in a bid to simplify the process of registering or incorporating a business, while Founded automates sophisticated legal tasks.

SILVER SPRING, Md. — More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall. The National Association of Realtors said Wednesday that its index of pending sales rose 8.

NEW YORK — President Donald Trump reportedly must pay back more than $300 million in loans over the next four years, raising the possibility his lenders could face an unprecedented situation should he win a second term and not be able to raise the mo

ORLANDO, Fla. — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida.

TORONTO — A "secret shopper" campaign on behalf of the CRTC found evidence of misleading or aggressive behaviour in about one-fifth of the interactions between its undercover shoppers and sales staff for six major wireless carriers.

NEW YORK — The surest sign of how the coronavirus shutdown has devastated the television industry is the fourth-place finish of CBS in what was nominally the first week of a new fall season.

CALGARY — Indigenous communities are being given a chance to pursue an ownership interest in the Keystone XL pipeline project, builder TC Energy Corp. announced on Tuesday.

DETROIT — The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he’ll be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry decimated by the coronavirus pandemic.