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Desjardins Group scrambles to meet 616,000 relief requests from members, clients

Desjardins Group scrambles to meet 616,000 relief requests from members, clients

MONTREAL — Desjardins Group says the COVID-19 pandemic weighed on its results last quarter, as surplus earnings before member dividends dropped 29 per cent year over year.
Salons and barbers to take a financial hit as they start to reopen

Salons and barbers to take a financial hit as they start to reopen

Salons and barbershops are starting to reopen in some parts of Canada with more on the way, but the industry says the measures needed to keep everyone safe while getting a haircut will mean a big financial hit.
Vancity CEO Tamara Vrooman to become Â鶹´«Ã½Ó³»­Airport Authority chief

Vancity CEO Tamara Vrooman to become Â鶹´«Ã½Ó³»­Airport Authority chief

VANCOUVER — The chief executive of Vancity is stepping down as head of the credit union to become chief executive of the Â鶹´«Ã½Ó³»­Airport Authority. Tamara Vrooman, who will continue at Vancity until June 30, takes over the new job effective July 1.
StatCan suspends pre-release of jobs data to key government officials after leak

StatCan suspends pre-release of jobs data to key government officials after leak

OTTAWA — Statistics Canada is suspending the pre-release of its jobs report to a select group of government officials after a leak of the numbers last week.
Cirque du Soleil founder considering participating in company's rescue

Cirque du Soleil founder considering participating in company's rescue

MONTREAL — Three months after selling his stake, Cirque du Soleil's founder is considering the possibility of getting involved in the rescue of the entertainment company that's been greatly weakened by the COVID-19 global pandemic.
Hillary Clinton pays tribute to late CEO of Simon & Schuster

Hillary Clinton pays tribute to late CEO of Simon & Schuster

NEW YORK — Hillary Clinton is mourning the death of Simon & Schuster CEO Carolyn Reidy, whose publishing house has been working with Clinton since she was first lady in the 1990s.
Happy golfers, anxious commuters as England eases lockdown

Happy golfers, anxious commuters as England eases lockdown

LONDON — The sound of crisply struck golf balls could be heard in England for the first time in nearly two months as courses reopened Wednesday, part of a modest easing of coronavirus lockdown restrictions.
US wholesale prices drop record 1.3% in April

US wholesale prices drop record 1.3% in April

WASHINGTON — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signalling the potential threat of deflation in the United States.
Sony's profits dive as stores, cinemas close during pandemic

Sony's profits dive as stores, cinemas close during pandemic

TOKYO — Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains.
Fauci warns: More death, econ damage if US reopens too fast

Fauci warns: More death, econ damage if US reopens too fast

WASHINGTON — The U.S.