National Business

WestJet Airlines Ltd. is warning furloughed workers their pay will be cut by up to 53 per cent starting Sunday due to changes in the extended federal wage subsidy, prompting flight crews to call on Ottawa for action.

Canadian producers are applauding a new temporary federal relief fund to help film and television productions that have been stalled by a lack of COVID-19 insurance.

CALGARY — Shares in Tourmaline Oil Corp. tracked lower Friday as its subsidiary, Topaz Energy Corp., announced it has filed a preliminary prospectus to raise $252.5 million through an initial public offering.

NEW YORK — First it was toilet paper. Disinfectant wipes. Beans. Coins. Computers. Now, desks are in short supply because of the coronavirus pandemic.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Meng hearing A Vancouver court will hold a hearing in Huawei Technologies Co. Ltd. CFO Meng Wanzhou’s extradition case.

LONDON — The European Commission said Friday it is appealing a court decision that Apple doesn't have to repay 13 billion euros ($15 billion) in back taxes to Ireland. The appeal comes after the U.S.

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month.

CALGARY — Shares in Calfrac Well Services Ltd. rose on Friday after the company sweetened its recapitalization offer with cash for shareholders while it tries to fend off a rival American firm's takeover bid.

HALIFAX — A sparkly jewelry store with interactive displays. An upscale parka retailer with a walk-in freezer. A cosmetics store with virtual makeup to try on.

TORONTO — TMX Group Ltd. has signed a deal to acquire AST Investor Services Inc. (Canada) for $165 million.