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Calfrac Well Services shares rise 75%; oilfield company says it hired advisers

Calfrac Well Services shares rise 75%; oilfield company says it hired advisers

CALGARY — Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change" that would account for a 75.6 per cent increase in its share price on Tuesday.
Some Canadian CrossFit gyms quick to de-affiliate from brand after Glassman comments

Some Canadian CrossFit gyms quick to de-affiliate from brand after Glassman comments

TORONTO — Darren Thornton is in the process of researching new names to rebrand CrossFit Defy, the gym he co-owns with his wife Michelle in Toronto's Leaside neighbourhood.
Macy's says reopened stores luring back customers

Macy's says reopened stores luring back customers

NEW YORK — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results.
Former Bank of Canada governor Stephen Poloz joins board of directors at CGI

Former Bank of Canada governor Stephen Poloz joins board of directors at CGI

MONTREAL, Ont. — Former Bank of Canada governor Stephen Poloz is joining the board of directors at technology and consulting firm CGI Inc.
US prosecutors spar with Prince Andrew in Epstein probe

US prosecutors spar with Prince Andrew in Epstein probe

LONDON — U.S. prosecutors and attorneys for Britain's Prince Andrew sniped at one another across the Atlantic on Monday, each saying the other side was to blame for the duke's failure to participate in the Jeffrey Epstein sex trafficking probe.
California OKs movie theatres to reopen with limited seats

California OKs movie theatres to reopen with limited seats

SACRAMENTO, Calif. — California movie theatres can begin opening later this week if they limit theatre capacity to 25% or no more than 100 attendees, under state guidance released Monday.
France announces $16.9 billion in aid for aviation industry

France announces $16.9 billion in aid for aviation industry

PARIS — France’s government is pumping 15 billion euros ($16.
Median price of dried cannabis dropped 25 per cent in Ontario last year: OCS

Median price of dried cannabis dropped 25 per cent in Ontario last year: OCS

TORONTO — The Ontario Cannabis Store says the median price of dried flower dropped 25 per cent in its first full year of operation since legalization in a bid to compete with the illegal market. The illegal price was $8.23 per gram, compared with $8.
Oil and gas spending estimates adjusted lower as uncertainties persist

Oil and gas spending estimates adjusted lower as uncertainties persist

CALGARY — New forecasts show dramatically lower expectations for 2020 capital spending in the oil and gas sector both nationally and in Alberta, the province that produces 65 per cent of Canada's natural gas and 82 per cent of its oil.
S&P 500 fully recovers, Nasdaq hits record high on reopening optimism

S&P 500 fully recovers, Nasdaq hits record high on reopening optimism

TORONTO — The S&P 500 fully recovered all losses this year while the Nasdaq composite index set a record high on continued investor optimism about progression of economic reopenings.
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