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Air Canada reports improving but still large Q2 losses as travel demand rose

Air Canada reports improving but still large Q2 losses as travel demand rose

MONTREAL — Air Canada reported improving but still big losses in the second quarter as travel demand started to rise. The Montreal-based company says it lost $1.17 billion or $3.31 per diluted share, compared with a loss of $1.75 billion or $6.
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Police: Man defrauded Chinese pop singer in sex scandal

Police: Man defrauded Chinese pop singer in sex scandal

BEIJING (AP) — A man has confessed to defrauding Chinese-Canadian pop singer Kris Wu over a teenager’s accusation he had sex with her when she was drunk, according to Beijing police.
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Jurors convict former Georgia insurance chief in $2M fraud

ATLANTA (AP) — It took less than two hours Thursday for jurors to decide that Georgia's suspended insurance commissioner was indeed a “fraudster” and not an innovator, as they convicted Jim Beck on 37 criminal counts relating to more than $2 million
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Banks, business websites up again after reporting technical difficulties

Banks, business websites up again after reporting technical difficulties

TORONTO — Canadian companies and other global businesses say their websites and services are fully operational again after they experienced technical difficulties or outages this afternoon.
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University of California regents approve rare tuition hike

University of California regents approve rare tuition hike

SAN FRANCISCO (AP) — Despite opposition from student groups, University of California regents on Thursday approved a multiyear plan to raise tuition and fees at one of the nation's premier public university systems.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,097.52, down 12.53 points.) Royal Bank of Canada (TSX: RY) Financials. Down 44 cents, or 0.35 per cent to $125.86 on 10.
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Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent

Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent

Calgary's downtown office vacancy rate is on track to top 30 per cent and potentially reach a level unseen in a major North American city since the 1930s, a commercial real estate firm said Thursday.
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S&P/TSX composite index falls on pressure from materials, U.S. markets up slightly

S&P/TSX composite index falls on pressure from materials, U.S. markets up slightly

TORONTO — Canada's main stock index fell after a mixed day that saw losses in materials and healthcare stocks, while U.S markets had gained slightly.
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Precision Drilling posts $75.9 million loss in second quarter despite better outlook

Precision Drilling posts $75.9 million loss in second quarter despite better outlook

CALGARY — Precision Drilling Corp. tripled its Canadian rig count in the second quarter, even as its net loss surged to $75.9 million because of compensation charges. The Calgary-based company lost $5.71 per diluted share, compared with a loss of $3.
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Private sale or trade-in? Selling your vehicle comes down to cash vs. convenience

Private sale or trade-in? Selling your vehicle comes down to cash vs. convenience

HALIFAX — Jonathan Tyson sold two cars in two years. The first, a Volkswagen Golf, he advertised through online classifieds and sold privately.
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