CBC | Business News
Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion US in assets.
American Media Inc. is selling its tabloid the National Enquirer for $100 million US to James Cohen, chief executive of Hudson News, the Washington Post reported on Thursday, citing people familiar with the agreement.
The Toronto stock index set a new intraday high and was trading near the top of its range Thursday, amid gains in health care, consumer and industrial stocks.
Approximately 115,000 former Quadriga clients are owed about $250 million after the company abruptly ceased operations Jan. 28. following the sudden death of founder Gerry Cotton.
Mark Carney, governor of the Bank of England, is urging the financial sector and, in particular, central banks to play an increasing role in the transition to a low-carbon economy. He joins a group of central bankers, including the Bank of Canada, who are playing closer attention to climate change.
Brace yourself, BBMers: the company that runs the iconic messaging app invented by BlackBerry more than a decade ago is ending the free version of the service for consumers.
Polo Ralph Lauren on Thursday launched a version of its iconic polo shirt made entirely of recycled plastic bottles and dyed through a process that uses zero water.
Canopy Growth Corp. has signed an agreement to buy U.S. company Acreage Holdings Inc in a deal valued at US$3.4 billion if cannabis becomes federally legal in the United States.
Earlier this week, the Finance Department quietly added $110 million worth of products and businesses to its list of exemptions from Canada's retaliatory tariffs on U.S. imports. While this relief protects jobs, it undermines pressure the Trudeau government wants to keep on the Trump administration.
Wisconsin's governor said on Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group for investment incentives because the Taiwanese company is not expected to reach its job creation goals for the state.
The federal government will make a final decision on the Trans Mountain pipeline expansion project by June 18 — missing the original 90-day deadline set by the National Energy Board.
A toll-free help line number provided by Revenu Quebec actually connects callers to a chat line for singles.
For weeks, Jason Kenney framed Alberta's election around three key issues: jobs, pipelines and the economy. With his United Conservative Party soon to take charge, people are looking to him to fulfil his pledge and deliver on all three.
Bell is asking Canada's telecommunications regulator to revoke TVA Sports' broadcasting licence to punish its owner after Quebecor cut off the channel's signal for Bell subscribers at the start of the NHL playoffs last week.
New training requirements for Boeing Co's grounded 737 MAX jet should include time in a flight simulator, Canada's transport minister said on Wednesday.
Canada's February trade deficit was $2.9 billion, narrowing the gap from a revised shortfall of $3.1 billion in January.
The cost of living went up at a 1.9 per cent annual pace in March, Statistics Canada says, as increases in the price of food, rent and mortgages were slightly offset by cheaper gasoline.
It's exactly what many oil and gas companies wanted to see, despite how much credit they give Rachel Notley for her performance during her single term in power.
Even the staid economists at CIBC seem ambivalent about government attempts to withdraw the inadvertent effects of low interest rates on Canadian house prices.