National Business

NEW YORK — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company's chief content officer, Ted Sarandos, as co-CEO.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,024.50, down 38.83 points.) Air Canada (TSX:AC). Industrials. Down 72 cents, or 3.96 per cent, to $17.48 on 6.9 million shares.

OAKLAND, Calif.

TORONTO — North American stock markets dropped Thursday after several days of gains amid uncertainty about the economic recovery despite strong U.S. retail sales.

MONTREAL — Cogeco Inc. expects to see overall growth in revenue, adjusted earnings and cash flow in its next quarter, which ends Aug. 31, but its executives said Thursday they can't predict over a longer term.

TORONTO — The COVID-19 pandemic has pushed women's participation in the labour force down to its lowest level in three decades and rebounding won't be easy, says a new study from the Royal Bank of Canada. The report Thursday shows 1.

HONG KONG — A breach in Twitter’s security that allowed hackers to break into the accounts of leaders and technology moguls is one of the worst attacks in recent years and may shake trust in a platform politicians and CEOs use to communicate with the

TORONTO — One commercial real estate company says it has seen a “spike” in vacant offices in downtown Toronto as businesses have struggled to sublet their expensive spaces. Jones Lang LaSalle IP Inc.

NEW YORK — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.

DETROIT — Tesla is trying to assure its 55,000 employees that there hasn't been a big coronavirus outbreak at company facilities worldwide, despite a report by an electric vehicle industry website that over 130 Tesla employees or contractors have tes