Skip to content

National Business

Dashcams provide 'unbiased witness' when bad things happen to good drivers

Dashcams provide 'unbiased witness' when bad things happen to good drivers

CALGARY — In a video taken through the windshield of Dung Le's 15-year-old Toyota Echo, an oncoming car breaks the monotony of a wide, nearly empty street on a quiet August morning in a sprawling residential Edmonton neighbourhood.
US productivity grew a healthy 2.3% rate in 2nd quarter

US productivity grew a healthy 2.3% rate in 2nd quarter

WASHINGTON — U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it continues. The Labor Department said Thursday that productivity — or output per hour worked — rose 2.

China threatens retaliation if US tariff hikes go ahead

BEIJING — China on Thursday threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports.
Global stocks lower after US falls on recession fear

Global stocks lower after US falls on recession fear

BEIJING — Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession.
Canopy Growth books $1.3B Q1 loss as soaring expenses offest revenue growth

Canopy Growth books $1.3B Q1 loss as soaring expenses offest revenue growth

SMITH FALLS, Ont. — Canopy Growth Corp. reported a net loss of nearly $1.3 billion as higher expenses offset revenue growth in the first quarter. Canopy reported Wednesday it lost $1.
CAE Inc. reports Q1 profit down from year ago, increases dividend as stock drops

CAE Inc. reports Q1 profit down from year ago, increases dividend as stock drops

MONTREAL — CAE Inc. shares dropped by as much as 14 per cent Wednesday after it reported first-quarter profits that fell below last year's earnings. The shares dipped to a low of $30.73 but closed down $1.64 or 4.6 per cent to $34.
Freshii shares plunge nearly 18% after second-quarter results miss expectations

Freshii shares plunge nearly 18% after second-quarter results miss expectations

Freshii Inc.

Feds: Capital One suspect may have hacked 30-plus companies

SEATTLE — Federal prosecutors say a woman charged in a massive data breach at Capital One may have hacked more than 30 other organizations.
WeWork reveals rapid growth and massive losses ahead of IPO

WeWork reveals rapid growth and massive losses ahead of IPO

NEW YORK — WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock market
Retailers wrestle with a volatile trade policy with China

Retailers wrestle with a volatile trade policy with China

NEW YORK — Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American Textile Co., he and his team spent weeks on a comprehensive study analyzing how a 10% tariff set for Sept.