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National Business
National Business
Mall titan Brookfield, Ralph Lauren both reducing workforce
NEW YORK — Brookfield Properties, one of the nation's largest mall operators, is cutting 20% of its workforce in its retail division, as the pandemic has accelerated online shopping and resulted in a string of store closings.
Sep 22, 2020 12:04 PM
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US homes sales rise 2.4% in August
SILVER SPRING, Md. — Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread shutdown in the spring brought on by the coronavirus outbreak.
Sep 22, 2020 10:07 AM
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Inter Pipeline signs deal to sell majority of European storage business
CALGARY — A year after putting its European bulk liquid storage business on the block, Inter Pipeline Ltd. has signed a deal to sell most of it to the Madrid-based CLH Group for $715 million.
Sep 22, 2020 9:26 AM
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Atlantic Canada airports estimate 92 per cent drop in summer travel
HALIFAX — Atlantic Canada's airports say they need more money from the federal government to cope with a massive decline in airline traffic owing to the COVID-19 pandemic.
Sep 22, 2020 8:21 AM
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Dye & Durham buying U.K. company Property Information Exchange for $52.9M
TORONTO — Cloud software company Dye & Durham Ltd. of Toronto has signed a deal to buy U.K.-based rival Property Information Exchange Ltd. for $52.9 million.
Sep 22, 2020 7:11 AM
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Canadian auto workers extend Ford contract, delay strike
DETROIT — The union that represents Canadian auto workers has extended its contract with Ford beyond its original Monday night deadline, a sign that progress is being made toward an agreement.
Sep 22, 2020 6:37 AM
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Another record low in viewership for 'Pandemmys'
NEW YORK — The novelty of television stars getting Emmy Awards delivered to their homes wasn't enough to keep the annual show from slipping further in popularity. The Nielsen company said 6.
Sep 22, 2020 6:37 AM
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Edmonton police service picks emergency preparedness system from BlackBerry, Telus
WATERLOO, Ont. — BlackBerry Ltd. and Telus Corp. say Edmonton's police service has signed on to become a customer for a secure emergency preparedness system that's used by the U.S. government.
Sep 22, 2020 6:18 AM
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Critic of Chinese leader sentenced to 18 years in graft case
BEIJING — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday on corruption charges, a court announced.
Sep 21, 2020 8:59 PM
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Group wants Parliament, courts to hold social media to same standard as publishers
TORONTO — Friends of Canadian Broadcasting is calling on Parliament to restrain social media platforms from distributing harmful or hateful content by applying the same laws that publishers and broadcasters already face.
Sep 21, 2020 4:47 PM
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