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National Business
National Business
Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending
TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
Aug 8, 2024 2:58 PM
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Fight brewing at CRTC over first Online News Act payment by Google
OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
Aug 8, 2024 2:54 PM
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Court hears arguments in civil suit filed by Frank Stronach's granddaughter
An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
Aug 8, 2024 2:50 PM
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Pembina Pipeline earns $479 million in second quarter, ups full-year forecast
CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.
Aug 8, 2024 2:41 PM
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Quebecor calls on regulator to address network access issues as it pushes expansion
Quebecor Inc. says it's pushing Canada's telecom regulator to help resolve network access issues that are holding back the Quebec-based company's expansion plans.
Aug 8, 2024 2:36 PM
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Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy . The S&P 500 jumped 2.
Aug 8, 2024 2:36 PM
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Court approves Postmedia bid for insolvent Atlantic newspaper chain
HALIFAX — Postmedia Network Inc. has won court approval for its bid to buy Atlantic Canada's largest newspaper chain, but the company says the acquisition will lead to job cuts.
Aug 8, 2024 2:04 PM
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Fares could rise after Calgary hailstorm forces airlines to cancel flights: experts
Experts say airfares may go up in the immediate aftermath of a hailstorm that tore through Calgary on Monday evening, damaging planes at WestJet and Flair Airlines and upending travel plans for thousands of passengers.
Aug 8, 2024 1:57 PM
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Linamar reports earnings rise to $174.1 million, CEO to become executive board chair
GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top role.
Aug 8, 2024 1:55 PM
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S&P/TSX composite up almost 350 points, U.S. stock markets also rally
TORONTO — Canada's main stock index rose almost 350 points Thursday, powered by a broad-based rally on the Toronto market, while U.S. stocks also surged higher.
Aug 8, 2024 1:45 PM
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