Recent Business Headlines

1 to 11 of 182

at 11:59 on September 24, 2016, EDT.

Outsider status, politics shields Trump from House oversight

WASHINGTON — Donald Trump's status as a Washington outsider fuels his fiery populism and also is helping to shield him from the scrutiny House Republicans are devoting to Hillary Clinton, a former U.S. senator and secretary of state.

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at 17:14 on September 23, 2016, EDT.

Mayor says over 200 sawmill job losses in Merritt just before Christmas tough

MERRITT, B.C. — The mayor of Merritt, B.C., says he's angry about Tolko Industries' decision to close a sawmill that employs 200 people in his community.

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at 16:53 on September 23, 2016, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:

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at 16:46 on September 23, 2016, EDT.

Depressed crude prices push North American markets to a lower close

TORONTO — Reports that Saudi Arabia and Iran are making little progress on a deal to cut oil production deflated energy prices Friday, sending North American markets into the red.

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at 15:10 on September 23, 2016, EDT.

High River launches campaign to shift public perceptions away from the flood

CALGARY — Jodi Dawson thinks it's high time people stopped talking about High River's soggy history.

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at 14:29 on September 23, 2016, EDT.

Essar Steel Algoma lenders to invest US$425 million in struggling steelmaker

SAULT STE MARIE, Ont. — Essar Steel Algoma Inc., which is operating under court protection from creditors, has submitted a restructuring plan that would see its lenders invest up to US$425 million in the financially strapped steelmaker.

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at 13:32 on September 23, 2016, EDT.

Ontario real estate associations oppose taxing foreign buyers in Toronto

TORONTO — Two Ontario real estate associations have voiced opposition to following in Vancouver's footsteps and implementing a tax on foreign homebuyers, saying that such a "knee-jerk reaction" could have negative implications for the economy.

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at 12:26 on September 23, 2016, EDT.

Air Canada launching daily flights to Shanghai from Montreal next February

MONTREAL — Air Canada is launching daily service to Shanghai from Montreal in February, giving travellers another direct route to China from Quebec.

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at 10:36 on September 23, 2016, EDT.

Brookfield consortium buys natural gas pipeline network in Brazil for US$5.2B

TORONTO — A consortium led by Brookfield Infrastructure (TSX:BIP.UN) has signed a deal to buy a controlling stake in a natural gas pipeline system in Brazil from Petroleo Brasileiro S.A. (Petrobras) for US$5.2 billion.

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at 10:14 on September 23, 2016, EDT.

Domtar cuts 100 jobs as part of restructuring of North Carolina fluff pulp mill

MONTREAL — Domtar is cutting about 100 positions at its mill in Plymouth, N.C., as it closes a pulp dryer and reduces production of fluff pulp used in diapers.

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at 09:28 on September 23, 2016, EDT.

Dalian Wanda, Sony to partner on multiple big-budget movies

BEIJING — China's Dalian Wanda Group and Sony Pictures Entertainment Motion Picture Group have formed a partnership to co-operate on multiple big-budget movies, marking another step into the global film industry by the Chinese conglomerate.

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