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Ikea Canada leaning on automation as it overhauls fulfilment network: new CEO
TORONTO — When people north of Toronto visit Ikea's store in Vaughan, Selwyn Crittendon says it will be hard to tell there's a transformation underway in the bowels of the building, away from the maze-like aisles leading customers through the showroo
Nov 8, 2023 7:37 AM
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Stock market today: Wall Street drifts in early trading
NEW YORK (AP) — Stocks are still stuck on pause as Wall Street continues to recalibrate following its sharp recent swings. The S&P 500 was up 0.2% early Wednesday and on track for a third straight day of quiet trading.
Nov 8, 2023 7:37 AM
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Bus maker NFI Group raises full-year guidance, reports US$39.9M Q3 loss
WINNIPEG — NFI Group Inc. raised its financial guidance for its full year as it reported a loss of US$39.9 million in its third quarter. The bus maker, which keeps its books in U.S.
Nov 8, 2023 7:17 AM
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Las Vegas hotel workers union reaches tentative deal with Caesars, but threat of strike still looms
LAS VEGAS (AP) — The labor union representing tens of thousands of Las Vegas hospitality workers announced early Wednesday that it had reached a tentative deal with casino giant Caesars Entertainment, a major breakthrough that could help avert an unp
Nov 8, 2023 7:07 AM
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CGI reports $414.5M Q4 profit, up from $362.4M a year ago, revenue also higher
MONTREAL — CGI Inc. reported a fourth-quarter profit of $414.5 million, up from $362.4 million a year ago, as its revenue rose eight per cent. The technology consulting firm says its profit amounted to $1.
Nov 8, 2023 6:44 AM
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MDA reports $9.3M Q3 profit, revenue up nearly 20% from year ago
BRAMPTON, Ont. — MDA Ltd. reported net income of $9.3 million in its latest quarter, down from $17.9 million a year earlier, as its revenue rose nearly 20 per cent.
Nov 8, 2023 4:59 AM
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South Korea's Posco Holdings eyes investment in Alberta lithium fields
CALGARY — South Korean company Posco Holdings is considering investing in the exploration, development and commercialization of lithium in Alberta.
Nov 8, 2023 2:00 AM
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Industry minister won't say whether new military planes will be a sole-source deal
Industry Minister François-Philippe Champagne won't say whether the process to replace a fleet of aging military patrol planes will be an open-source bid, as the heads of Canada's two biggest provinces and Bombardier Inc.
Nov 7, 2023 4:36 PM
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Intact Financial Corp. earns $163 million in third quarter
TORONTO — Intact Financial Corp. says it earned $163 million in the third quarter, less than half its earnings a year ago when it brought in $375 million. The company says earnings worked out to 83 cents per share, down from $2.
Nov 7, 2023 4:25 PM
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Indigo reports lower sales, net loss in second quarter as customers cut back
TORONTO — Indigo Books & Music Inc. reported a net loss of $22.4 million in its second quarter, compared with a net loss of $15.9 million a year earlier. Revenue for the Toronto-based retailer totalled $206.9 million, down from $236.
Nov 7, 2023 4:03 PM
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