National Business

The majority of Canadian companies have reported earnings for the first three months of 2020, giving a picture of the impact of the COVID-19 pandemic on business so far and in the months to come.

VANCOUVER — The COVID-19 crisis is exposing the shortcomings of Canada's economy, particularly when it comes to supply chains and the development of value-added products that would keep the country competitive, innovation experts say.

MIAMI — AT&T said Tuesday it will immediately ditch Venezuela's pay TV market as U.S. sanctions prohibit its DirecTV platform from broadcasting channels that it is required to carry by the socialist administration of Nicolás Maduro.

VICTORIA — British Columbia's economic restart got off to a slow and steady pace, with business owners and operators saying they would rather take their time to protect customers and employees from COVID-19 than open their doors too early. B.C.

The trade association for the world's major airlines is proposing a range of measures aimed at relaunching the global air travel industry — including an end to in-flight physical distancing rules — that run counter to the established policies of Cana

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,885.48, up 246.58 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 39 cents, or 7.49 per cent, to $5.60 on 11.3 million shares.

NEW YORK — In basketball terms, “The Last Dance” had a strong fourth quarter. The last two episodes of the 10-part Michael Jordan documentary, strung out over the last five Sunday nights, averaged 5.9 million viewers, the Nielsen company said.

TORONTO — Canada's main stock index posted a triple-digit advance as it made up ground to strong rallies in the U.S. over the Victoria Day holiday. The S&P/TSX composite index closed up 246.58 points or 1.7 per cent at 14,885.48.

NEW YORK — Walmart emerged as one of the few lifelines to millions of people as the coronavirus spread, leading to surging profit and sales for the world's largest retailer. Online sales in the U.S.

CALGARY — Billions of dollars in lawsuits will likely result if Joe Biden is elected U.S. president this November and carries out a threat to cancel the presidential permit allowing operation of the Keystone XL pipeline, Canadian observers say.