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National Business

Molson Coors to quadruple hard seltzer production in Canada as brand mix grows

Molson Coors to quadruple hard seltzer production in Canada as brand mix grows

MONTREAL — Molson Coors Beverage Co.

Senate OKs bill to secure Capitol, help Afghans with visas

WASHINGTON (AP) — An emergency spending bill passed by the Senate 98-0 on Thursday would bolster security at the Capitol and repay outstanding debts from the Jan. 6 insurrection. The $2.
Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

CALGARY — Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and a related commodity price surge provided a lift to Canadian oil and gas producers.
In Robinhood's stock debut, a tumble and then sharp swings

In Robinhood's stock debut, a tumble and then sharp swings

NEW YORK (AP) — Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street, and its initial reception was wild.
Kirkland Lake posts record earnings, production in second quarter

Kirkland Lake posts record earnings, production in second quarter

TORONTO — Mining company Kirkland Lake reported record production and earnings in their second quarter, despite a rise in operating costs for selling gold compared to the previous year. The Toronto-based company reported net earnings of US$244.
Biden to allow eviction moratorium to expire Saturday

Biden to allow eviction moratorium to expire Saturday

BOSTON (AP) — The Biden administration announced Thursday it will allow a nationwide ban on evictions to expire Saturday, arguing that its hands are tied after the Supreme Court signaled it would only be extended until the end of the month.
Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

FORT MILL, S.C. — Domtar Corp. shareholders have overwhelmingly approved a takeover of the paper producer by B.C.-based Paper Excellence. More than 81 per cent of outstanding shares were voted in favour of the merger at a special meeting.
N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

COME BY CHANCE, N.L. — An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer.
Software developers' perceived race may affect success of their proposals: study

Software developers' perceived race may affect success of their proposals: study

A new study from University of Waterloo researchers shows developers perceived to be non-white are much less likely to see their proposed changes to open-source software projects accepted.
Strong lumber prices boost Resolute second quarter results at revenues nearly double

Strong lumber prices boost Resolute second quarter results at revenues nearly double

MONTREAL — Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs.