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Banks, insurers land court approval to host virtual AGMs in 2021

Banks, insurers land court approval to host virtual AGMs in 2021

TORONTO — Canada's most prominent banks and insurance companies have won the right to host their next annual general meetings online as the COVID-19 pandemic continues.
Virus resurgence hits H&M sales, cuts promising recovery

Virus resurgence hits H&M sales, cuts promising recovery

STOCKHOLM — Swedish fashion retailer H&M says its sales fell 10% in the fourth quarter as the second wave of the COVID-19 pandemic stalled consumer spending, cutting short a promising recovery seen in the third quarter.
Statistics Canada reports manufacturing sales edged up 0.3 per cent in October

Statistics Canada reports manufacturing sales edged up 0.3 per cent in October

OTTAWA — Manufacturing sales grew 0.3 per cent to $54.1 billion in October, led by the paper, and petroleum and coal industries, Statistics Canada said Tuesday. The agency said the rise followed a revised increase of 2.
US industrial production up 0.4% in November with auto boost

US industrial production up 0.4% in November with auto boost

WASHINGTON — U.S. industrial production increased 0.4% in November with manufacturing receiving a boost from a rebound in output at auto plants after three months of declines.
Building picked up in November as housing starts jumped 14.4%

Building picked up in November as housing starts jumped 14.4%

Builders broke ground on more homes in November as construction on multi-family housing picked up in Vancouver and Montreal, Canada Mortgage and Housing Corp. said on Tuesday. The seasonally adjusted annual rate of housing starts rose 14.
Tips become a way for regulars to show their appreciation for local restaurants

Tips become a way for regulars to show their appreciation for local restaurants

Every year around Christmas, Toronto restaurant Allen’s holds a holiday party for their regulars, and tips from the event are divided out to staff as a Christmas bonus.
Statistics Canada establishes expert panel to provide advice on labour force survey

Statistics Canada establishes expert panel to provide advice on labour force survey

OTTAWA — Statistics Canada has announced an expert panel to provide independent advice and guidance on its labour force survey which keeps tabs on the country's job market.
TC Energy raises offer and reaches deal for TC PipeLines partnership

TC Energy raises offer and reaches deal for TC PipeLines partnership

OTTAWA — TC Energy Corp. says it has signed a deal to buy out the other unitholders of TC PipeLines LP, a U.S. master limited partnership it operates, after raising its earlier offer. Under the sweetened proposal, TCP unitholders will receive 0.
Lower tips, poor ratings: Gig economy workers face racism and sexism on the job

Lower tips, poor ratings: Gig economy workers face racism and sexism on the job

TORONTO — When Phil Warner, Jordyn Samuels and Umar Asghar hit the road working for ride-hailing and delivery apps, they quickly found their experiences differed from those of their white male counterparts.
US agencies, companies secure networks after huge hack

US agencies, companies secure networks after huge hack

WASHINGTON — U.S. government agencies and private companies rushed Monday to secure their computer networks following the disclosure of a sophisticated and long-running cyber-espionage intrusion suspected of being carried out by Russian hackers.