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National Business
National Business
Strong fourth quarter for Macy's heading to transition year
NEW YORK — Macy's reported stronger-than-expected sales and profits for the fourth quarter less than a month after it announced a major restructuring.
Feb 25, 2020 8:57 AM
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George Weston Ltd. reports fourth-quarter profit up from year-ago mark
TORONTO — George Weston Ltd.
Feb 25, 2020 8:22 AM
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Scotiabank reports $2.3B first-quarter profit, tops expectations by analysts
TORONTO — Bank of Nova Scotia is optimistic its international ventures are headed for success after a recent overhaul saw it slash and simplify its overseas operations.
Feb 25, 2020 8:13 AM
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BMO Financial Group reports $1.59B first-quarter profit, tops expectations
TORONTO — BMO Financial Group beat expectations and reported a first-quarter profit of $1.59 billion as the bank worked to expand its footprint south of the border. The Toronto-based bank said its profit for the quarter ended Jan. 31 was up from $1.
Feb 25, 2020 7:55 AM
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Mondelez buys majority stake in Canadian maker of two-bite brownies Give & Go
TORONTO — Mondelez International says it has signed a deal to buy a significant majority interest in Toronto-based Give & Go Prepared Foods Corp., maker of baked goods such as two-bite brownies.
Feb 25, 2020 7:02 AM
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Drugmaker Mallinckrodt reaches $1.6B opioid settlement
The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.
Feb 25, 2020 6:53 AM
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Thomson Reuters names Steve Hasker new CEO, tops Q4 expectations, raises dividend
TORONTO — Thomson Reuters says Steve Hasker has been appointed as the company's next president and chief executive. He will replace Jim Smith, who will become chairman of the Thomson Reuters Foundation.
Feb 25, 2020 4:42 AM
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World shares mostly lower after Dow drops more than 1,000
Shares opened lower in Europe on Tuesday after a mixed session in Asia, where Tokyo's Nikkei 225 index skidded more than 3% as Prime Minister Shinzo Abe urged fresh efforts to contain the outbreak of a new virus that has spread from China to nearly t
Feb 25, 2020 2:14 AM
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Nova Scotia Liberals expected to table fifth consecutive balanced budget
HALIFAX — Nova Scotia's Liberal government is expected to table its fifth consecutive balanced budget today, and opposition leaders believe it could point towards an early election call this year.
Feb 25, 2020 1:05 AM
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Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation
Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.
Feb 24, 2020 6:21 PM
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