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National Business
National Business
Coinsquare executives step down after accusations of market manipulation
TORONTO — Coinsquare Ltd. CEO Cole Diamond will step down after securities regulators accused the cryptocurrency company of misleading investors and manipulating the market.
Jul 21, 2020 5:20 PM
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CEO of parent company of Coach and Kate Spade resigns
NEW YORK — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade ago. Jide Zeitlin had been Tapestry Inc.
Jul 21, 2020 4:14 PM
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CN Rail recalling some of its 4,000 laid off workers as pandemic woes ease
MONTREAL, Ont. — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic.
Jul 21, 2020 3:04 PM
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Toronto market gives up early gains as oil price rise boosts energy stock prices
TORONTO — Canada's main stock index gave up early triple-digit gains on Tuesday as energy remained the sector with strong gains by the end of the trading day. The S&P/TSX composite index closed down 20.70 points at 16,162.96, despite an 8.
Jul 21, 2020 2:32 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,162.96 , down 20.70 points.) Royal Bank of Canada (TSX:RY). Financials. Up 76 cents, or 0.80 per cent, to $95.70 on 10.
Jul 21, 2020 2:15 PM
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Rachel Maddow and Mary Trump make formidable TV combination
NEW YORK — Not only can President Donald Trump's niece Mary sell books, she can draw a crowd on television. Her one-hour interview with Rachel Maddow last Thursday reached 5.
Jul 21, 2020 1:46 PM
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Wattpad storytelling platform says hackers had access to user email addresses
TORONTO — Wattpad Corp. is providing more details about what data hackers might have gotten their hands on during a potential breach of the online storytelling platform.
Jul 21, 2020 1:34 PM
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Retail sales on pace to recover after 18.7 per cent surge in May, says StatCan
Retail sales are on pace to recover from the COVID-19 shutdowns after surging nearly 19 per cent in May with even larger gains expected in June, says Statistics Canada. The agency says retail sales increased to $41.
Jul 21, 2020 11:33 AM
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Hibernia offshore oil production halted after apparent spill of drilling fluids
ST. JOHN'S, N.L. — Production at the Hibernia offshore production platform 315 kilometres east of St. John’s, N.L., has been halted after an apparent spill of drilling and production fluids.
Jul 21, 2020 11:10 AM
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With stadiums, theatres closed, Coke 2Q revenue plunges 28%
Coca-Cola's revenue plunged 28% in the second quarter, but the company thinks the worst could be behind it. Coke Chairman and CEO James Quincey said sales improved sequentially in May, June and July despite surging cases in key markets like the U.S.
Jul 21, 2020 10:58 AM
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