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National Business
National Business
New Mexico tribe transforms old casino into movie studio
TESUQUE PUEBLO, N.M. — A small northern New Mexico Native American tribe has opened a movie studio in a former casino that it hopes will lure big productions.
Jun 30, 2020 1:23 PM
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Airbus shedding 15,000 jobs, mostly in Europe
PARIS — European aircraft manufacturer Airbus said Tuesday it plans to eliminate 15,000 jobs over the next year, mostly in Europe, as it struggles with the financial hit of the coronavirus pandemic.
Jun 30, 2020 11:03 AM
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Cineplex looks to lure audiences back after collapse of Cineworld deal
TORONTO — Cineplex is hoping moviegoers are willing to return to its theatres as the company deals with an uncertain future in the wake of its failed plan to sell itself to Cineworld.
Jun 30, 2020 9:29 AM
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EU bans Pakistan airline from flying to Europe for 6 months
ISLAMABAD — The European Union's aviation safety agency said Tuesday that Pakistan’s national airline will not be allowed to fly into Europe for at least six months after the country’s aviation minister revealed last week that nearly a third of Pakis
Jun 30, 2020 9:08 AM
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EasyJet may close 3 UK bases as it slashes staff
LONDON — Budget carrier easyJet may close bases at Stansted, Southend and Newcastle airports in England as it consulted with unions on steps to stay afloat amid the COVID-19 pandemic.
Jun 30, 2020 9:01 AM
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Shell takes $22 billion hit on lower oil, gas prices
LONDON — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic.
Jun 30, 2020 8:30 AM
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US consumer confidence rises to 98.1 in June
WASHINGTON — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains.
Jun 30, 2020 8:30 AM
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Statistics Canada says economy posted record 11.6 per cent plunge in April
OTTAWA — Statistics Canada says the economy saw its largest monthly drop on record in April as it came to a near standstill due to the pandemic, but early indications point to a rebound in May as businesses began to reopen.
Jun 30, 2020 5:46 AM
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McDonald's Canada names Jacques Mignault as new CEO, John Betts retiring
TORONTO — McDonald's Canada says Jacques Mignault has been appointed as its next president and chief executive, effective Aug. 1. Mignault has been serving as the managing director of McDonald's Switzerland. He succeeds John Betts, who is retiring.
Jun 30, 2020 3:59 AM
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Kim Kardashian West sells stake in beauty brand for $200M
NEW YORK — Kim Kardashian West is selling a stake in her beauty brand for $200 million, in a deal that values the TV reality star's three-year-old business at $1 billion. The buyer is Covergirl owner Coty Inc.
Jun 29, 2020 4:39 PM
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