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Best Buy Q2 results fall amid softening demand for gadgets
NEW YORK (AP) — Best Buy posted lower fiscal second-quarter profits and sales as the nation's largest consumer electronics chain struggled with weakening consumer demand for gadgets and high costs that rippled through its supply chain.
Aug 30, 2022 11:41 AM
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Michele Romanow's Clearco cuts more staff, hands off international business
TORONTO — Michele Romanow's e-commerce investing company Clearco has laid off 60 employees as it hands off its international business, a month after cutting 25 per cent of its workforce.
Aug 30, 2022 11:07 AM
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BMO Financial Group wraps Big Six earnings with Q3 profits down from a year ago
TORONTO — BMO Financial Group wrapped the Big Six earnings season with a drop in earnings as a pullback in capital markets more than offset gains from loan growth and improved returns on interest income. The bank reported earnings of $1.
Aug 30, 2022 10:58 AM
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New Brunswick says its surplus is $100 million more than projected in March
FREDERICTON — New Brunswick is projecting a surplus of $135.5 million for the 2022-23 fiscal year, a rise of $100 million compared to the government's estimate in the spring budget.
Aug 30, 2022 10:52 AM
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In the wake of LaFlamme's exit, how effective are independent workplace reviews?
TORONTO — As Bell Media undergoes an independent workplace review after the dismissal of Lisa LaFlamme as CTV National News' chief anchor, one corporate governance expert cautions the move doesn't guarantee change.
Aug 30, 2022 10:04 AM
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Job vacancies rose in July, dashing Fed hopes for cooling
WASHINGTON (AP) — The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite slowing economic growth and high inflation.
Aug 30, 2022 8:17 AM
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Lenders cautious about micro-condo mortgages, but financing options still plentiful
TORONTO — Canadians eager to buy a home as the real estate market cools might find themselves considering micro-condos, but mortgage brokers say if you're thinking small, prepare for extra caveats when seeking financing.
Aug 30, 2022 8:00 AM
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Couche-Tard reaches deal with Competition Bureau to address Wilsons deal concerns
OTTAWA — Alimentation Couche-Tard Inc., which has signed a deal to buy the Wilsons chain of gas stations in Atlantic Canada, has reached an agreement with the Competition Bureau to resolve its concerns over the acquisition.
Aug 30, 2022 7:32 AM
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Health officials in Ontario investigate reports of diners getting sick
MARKHAM, Ont. — Health officials in a southern Ontario municipality are investigating reports of several diners becoming seriously ill following a weekend meal at a restaurant in Markham.
Aug 29, 2022 10:01 PM
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Bell pushes back against accusations surrounding LaFlamme departure, coverage
TORONTO — Bell Media is pushing back against accusations that CTV National News anchor Lisa LaFlamme was ousted because of her appearance and that it interfered in the network's coverage of the fallout.
Aug 29, 2022 3:45 PM
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