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Dominion Diamond proposes transaction to exit CCAA status, reopen Ekati mine
CALGARY — The owner of the Ekati diamond mine is proposing a transaction that would allow it to exit court protection from creditors, provide operating funds and eventually restart the suspended Northwest Territories mine.
May 22, 2020 1:27 PM
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Florida unemployment rate triples in April to nearly 13%
FORT LAUDERDALE, Fla.
May 22, 2020 12:46 PM
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China boosts spending for virus-hit economy, takes up HK law
BEIJING — China’s No. 2 leader on Friday promised higher spending to revive its pandemic-stricken economy and curb surging job losses but avoided launching a massive stimulus on the scale of the United States or Japan.
May 22, 2020 11:33 AM
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Canadian retail sales fell 10% in March, April expected to be worse
OTTAWA — Canadian retail sales collapsed in March as they posted their biggest monthly decline on record and Statistics Canada warned an even bigger drop is expected for April as closures due to pandemic ran the entire month.
May 22, 2020 11:03 AM
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Globe publisher says print advertising revenues headed for 'accelerated decline'
TORONTO — Phillip Crawley, publisher of The Globe and Mail, is warning that already diminished print advertising revenues are headed for another shock as the impacts of COVID-19 ravage the newspaper industry.
May 22, 2020 9:21 AM
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B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister
VICTORIA — There are no plans to defer a June 1 increase in British Columbia's minimum wage because of COVID-19, says the province's labour minister.
May 21, 2020 7:39 PM
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WestJet asks minister for labour code exemptions affecting layoffs
CALGARY — WestJet Airlines Ltd. is asking the federal labour minister for an exemption to Canada Labour Code provisions that would facilitate mass layoffs.
May 21, 2020 7:36 PM
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Fed's Powell says economic forecasts filled with uncertainty
WASHINGTON — Efforts to forecast the U.S. economy's path to recovery from the current deep downturn face “a whole new level of uncertainty," Federal Reserve Chairman Jerome Powell said Thursday.
May 21, 2020 6:55 PM
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Saskatchewan to lift COVID-19 restrictions on restaurants, gyms in June
REGINA — The Saskatchewan government says restaurants, gyms and nail salons can reopen in about two weeks.
May 21, 2020 6:22 PM
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Michigan governor wins legal fight with lawmakers over virus
DETROIT — Michigan Gov. Gretchen Whitmer prevailed Thursday in a high-stakes challenge by Republican lawmakers who sued over her authority to declare emergencies and order sweeping restrictions during the coronavirus outbreak.
May 21, 2020 6:12 PM
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