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National Business
Virus talks on brink of collapse, sides still 'far apart'
Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress on the top issues confronting negotiators.
Aug 6, 2020 10:34 PM
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Recipe Unlimited sales cut in half in Q2 as restaurants ordered closed
VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales fall more than 55 per cent in its most recent quarter as the COVID-19 pandemic prompted dining room closures across Canada. The Vaughan, Ont.
Aug 6, 2020 7:04 PM
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Linamar sees second-quarter sales fall by more than 50 per cent amid COVID-19
GUELPH, Ont. — Linamar Corp. saw its latest quarterly sales slashed by more than half amid the COVID-19 pandemic. The company based in Guelph, Ont., says sales for the three months ended June 30 totalled $923.6 million — down from roughly $2.
Aug 6, 2020 6:40 PM
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Indigo reports nearly $32M loss thanks to COVID-19 temporary store closures
TORONTO — Indigo Books & Music Inc. reported a larger net loss and a nearly 30 per cent drop in revenue in its most recent quarter. The book retailer recorded a net loss of about $31.
Aug 6, 2020 6:36 PM
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Sun Life sees second-quarter profit fall to $519M, misses analyst expectations
TORONTO — Sun Life Financial Inc. saw its most recent quarterly profit fall as it missed analyst expectations.
Aug 6, 2020 6:32 PM
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New York attorney general seeks to dissolve NRA
New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted tens of millions of dollars for lavish personal trip
Aug 6, 2020 6:31 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,579.10, up 77.49 points.) Osisko Mining Inc. (TSX:OSK). Basic Materials. Down 42 cents, or 8.99 per cent, to $4.25 on 36.
Aug 6, 2020 6:23 PM
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WSP Global holds steady on earnings and presents sunny financial forecast
MONTREAL — WSP Global sees a lucrative horizon despite fallout from the pandemic, with an updated guidance predicting strong earnings comparable to its pre-COVID-19 expectations.
Aug 6, 2020 5:21 PM
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Major North American indexes move up, while gold continues setting records
TORONTO — Major North American indexes advanced Thursday, while the price of gold reached a new height. Markets were up "modestly," said Anish Chopra, managing director with Portfolio Management Corp, with gains at or below one per cent.
Aug 6, 2020 5:02 PM
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Cargojet shares hit record high on work-from-home activity during COVID lockdown
Cargojet Inc. shares surged to a record high Thursday after it reported second-quarter revenues soared 65 per cent amid heightened e-commerce driven by work-from-home activity during the COVID-19 lockdowns.
Aug 6, 2020 4:50 PM
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