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National Business
Wattpad CEO Allen Lau stepping aside, will take on executive adviser role
TORONTO — Wattpad Corp.'s founder says he is stepping away from his chief executive officer role about a year after the company was acquired by a South Korean internet conglomerate.
May 10, 2022 10:12 AM
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George Weston reports Q1 profit, raises quarterly dividend 10 per cent
TORONTO — George Weston Ltd. raised its dividend by 10 per cent as it reported a profit attributable to shareholders in its latest quarter compared with a loss a year ago. The company, which owns large interests in Loblaw Companies Ltd.
May 10, 2022 8:32 AM
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Spain fires intelligence chief amid phone hacking scandals
BARCELONA, Spain (AP) — Spain's government fired the director of the country's top intelligence agency Tuesday following the hacking of politicians’ cellphones, including the devices of the prime minister and several supporters of the Catalonia regio
May 10, 2022 8:08 AM
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Sony's profit surges on healthy film, game, music growth
TOKYO (AP) — Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game and movie divisions. Tokyo-based Sony Corp.
May 10, 2022 4:58 AM
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Suncor Energy reports earnings of $2.95B as oil prices surge
CALGARY — Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher.
May 9, 2022 8:23 PM
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Pipeline builder fined thousands over erosion and sediment control on B.C. project
VICTORIA — Coastal GasLink Pipeline Ltd. has been fined more than $170,000 after inspectors found what the British Columbia government says were repeated issues of erosion and sediment control.
May 9, 2022 7:29 PM
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Competition Bureau seeks to block Rogers-Shaw deal, citing affordability and choice
TORONTO — The Competition Bureau has filed an application to block Rogers Communications Inc.'s purchase of Shaw Communications Inc.
May 9, 2022 7:17 PM
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Ritchie Bros. reports revenues up, supply still a challenge
VANCOUVER — Ritchie Bros. Auctioneers Inc. says its revenues rose in the first quarter compared with a year ago even though the company is struggling to secure used equipment to sell. The Vancouver-based auctioneer, which reports in U.S.
May 9, 2022 6:39 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,999.69, down 633.59 points.) Enbridge Inc. (TSX:ENB). Energy. Down $2.02, or 3.5 per cent, to $56.45 on 25.6 million shares.
May 9, 2022 5:35 PM
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Ex-couple linked to Jared Fogle child porn case get prison
INDIANAPOLIS (AP) — A divorced Indiana couple who prosecutors say shared sexually explicit photos and videos of children with former Subway pitchman Jared Fogle were sentenced Monday to decades in prison.
May 9, 2022 5:09 PM
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