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National Business
National Business
North American stock markets flat to end week on a low-volume day
TORONTO — North American markets were flat on a low volume trading day to close off the week, with one analyst said investors are waiting for a sense of direction.
Aug 13, 2021 4:57 PM
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KCS to delay vote if STB doesn't rule on trust soon, reaffirms support for CN bid
CALGARY — Kansas City Southern has reaffirmed its support for Canadian National Railway Co.'s takeover bid, but said it may delay a shareholder vote on the deal next week if a U.S. regulator doesn't rule on a key voting trust soon.
Aug 13, 2021 4:46 PM
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Companies launch mandatory vaccination policies and experts expect more coming
Some private sector companies are implementing policies requiring Canadian employees to be fully vaccinated to visit the office or participate in staff meetups — and at least one expert expects more businesses to follow suit.
Aug 13, 2021 3:17 PM
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Viral TikTok videos with '#BookTok' hashtag give book retailer Indigo a sales boost
Canada's biggest bookstore chain is seeing rising sales thanks in part to an online community of TikTok users sharing videos reviewing and recommending books.
Aug 13, 2021 12:51 PM
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Lightspeed raises additional US$107.4M from share sale over-allotment
MONTREAL — Lightspeed Commerce Inc. says it has raised an additional US$107.4 million in its share offering after the underwriters exercised their over-allotment option in full.
Aug 13, 2021 10:20 AM
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Canada Pension Plan Investment Board says net assets now top half a trillion dollars
TORONTO — The Canada Pension Plan Investment Board says its net assets grew to top half a trillion dollars in its first quarter. CPP Investments says its net assets for the quarter ended June 30 totalled $519.6 billion, up from $497.
Aug 13, 2021 9:34 AM
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Stelco buying back 13 per cent of its shares from big shareholder for $398 million
HAMILTON — Stelco Holdings Inc. has signed a deal to buy back about 13 per cent of its outstanding shares from one of its largest shareholders for $398 million. The steelmaker says it will buy back and cancel nearly 11.
Aug 13, 2021 8:44 AM
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Chisox, Yanks go deep into corn; Field of Dreams hosts more
DYERSVILLE, Iowa (AP) — As the bus carried the New York Yankees through the cornfields blanketing this serene, rolling farmland of northeast Iowa, Aaron Judge noticed a difference from the usual arrival in the next city.
Aug 12, 2021 11:05 PM
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Ont. court certifies class action against Uber
TORONTO — Ontario's Superior Court of Justice has certified a class-action lawsuit against Uber Technologies Inc., which advances a fight to get some of the platform's Canadian couriers and drivers recognized as employees.
Aug 12, 2021 8:04 PM
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China dismisses Canadian protests over cases tied to Huawei
BEIJING (AP) — China on Thursday dismissed Canada's protests of harsh sentences handed down by Chinese courts to Canadians whose cases are seen as linked to the arrest in Vancouver of a top executive at Chinese tech giant Huawei.
Aug 12, 2021 6:36 PM
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