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National Business
National Business
Uber buys Postmates, ups delivery game in $2.65 billion deal
SILVER SPRING, Md. — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday.
Jul 6, 2020 8:25 AM
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One third of Indigenous workers in Canada in jobs facing automation, says report
TORONTO — One-third of Canada's Indigenous workers are in jobs facing a high risk of automation, a new report has found.
Jul 6, 2020 8:12 AM
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Activity in services sector shows record rebound in June
WASHINGTON — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
Jul 6, 2020 7:41 AM
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Canopy Growth worker tests positive for COVID-19, eight more to undergo testing
SMITHS FALLS, Ont. — Canopy Growth Corp. says an employee at its Smiths Falls, Ont. facility has tested positive for COVID-19.
Jul 6, 2020 7:17 AM
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Developers cancel long-delayed, $8B Atlantic Coast Pipeline
RICHMOND, Va. — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.
Jul 5, 2020 3:57 PM
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Ubisoft shakes up executive ranks, begins process to deal with harassment
TORONTO — A Paris-based game software developer with offices in several Canadian cities is making changes in response to complaints against several executives, including a vice-president based in Toronto.
Jul 5, 2020 1:29 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Business outlook Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday.
Jul 5, 2020 7:00 AM
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Cineplex sues former buyer Cineworld, seeking damages over failed deal
TORONTO — Cineplex Inc. has filed a lawsuit against its former suitor Cineworld Group PLC, seeking damages over the U.K. company's failed acquisition that could exceed the $2.18 billion outstanding on the deal.
Jul 3, 2020 3:53 PM
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Cirque du Soleil creditors oppose recovery strategy proposed by owners
MONTREAL — Cirque du Soleil creditors who are unhappy with its recovery plan will oppose the purchase agreement between the entertainment company and its current shareholders, which they claim is "doomed to fail.
Jul 3, 2020 3:01 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,596.75, down 25.65 points.) Harte Gold Corp. (TSX:HRT). Materials. Up three cents, or 23.08 per cent, to 16 cents on 4.
Jul 3, 2020 2:05 PM
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