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National Business
National Business
Ubisoft cuts ties with managing director of Canadian studios as restructuring continues
MONTREAL — A Paris-based game developer is cutting ties with the managing director of its Canadian studios as the company continues to grapple with allegations of misconduct.
Jul 11, 2020 7:00 PM
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NordStar raises bid for Torstar Corp. to $60 million days after rival offer
TORONTO — A Canadian investment firm attempting to purchase Torstar Corp. has upped its bid in response to a rival offer for the media conglomerate.
Jul 11, 2020 6:34 PM
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Pandemic leads 7-Eleven to forgo free Slurpees on 7-11
DALLAS — The coronavirus pandemic has taken away another summertime tradition in the U.S.: There will be no free Slurpees at 7-Elevens on Saturday — July 11 — to hail a date that doubles as an abbreviation of the convenience store chain's name.
Jul 11, 2020 10:29 AM
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Vintage Super Mario Bros. video game sells for $114,000
DALLAS — An unopened copy of a vintage Super Mario Bros. video game has been sold for $114,000 in an auction that underscored the enduring popularity of entertainment created decades ago.
Jul 11, 2020 9:51 AM
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NHL's Canadian hubs offer little economic benefit, but morale boost is valuable: experts
TORONTO — A plan to operate NHL game hubs in Edmonton and Toronto could draw hundreds of hockey players and staff to both Canadian cities, but business experts say their presence won't give a huge boost to local economies.
Jul 11, 2020 7:52 AM
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Shaw posts lower third-quarter profit, revenue amid COVID but beats expectations
CALGARY — Shaw Communications Inc.'s third-quarter revenue and profit were down from the same time last year due to COVID-19's impact, but the cable and wireless company still beat expectations Friday.
Jul 10, 2020 4:39 PM
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Cirque du Soleil creditors preparing offer for insolvent company
MONTREAL — The Cirque du Soleil's creditors are finalizing an agreement that could replace the one put forward by the insolvent entertainment company's shareholders. The turn of events was disclosed Friday at the Quebec Superior Court.
Jul 10, 2020 4:01 PM
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American Airlines threatens to cancel some Boeing Max orders
DALLAS — American Airlines is warning Boeing that it could cancel some overdue orders for the grounded 737 Max unless the plane maker helps line up new financing for the jets, according to people familiar with the discussions.
Jul 10, 2020 3:46 PM
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Job numbers show cautious optimism with long road ahead: B.C. finance minister
VICTORIA — Statistics Canada's labour force survey for June shows 118,000 people in B.C. found jobs and the unemployment rate fell slightly to 13 per cent.
Jul 10, 2020 3:36 PM
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Shareholders approve SSR Mining-Alacer Gold deal to merge operations
VANCOUVER — Shareholders in SSR Mining Inc. and Alacer Gold Corp. have endorsed a no-premium deal to merge operations. The Toronto-listed companies say 99.9 per cent of the votes cast by Alacer shareholders and 96.
Jul 10, 2020 3:02 PM
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