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National Business
National Business
Toronto stock market starts week with broad rally led by energy sector
TORONTO — Canada's main stock index got a lift to start a holiday-shortened week with a broad-based rally led by the energy sector. The month of June looks set to end with the same trajectory as April and May, in a rebound from the March lows.
Jun 29, 2020 2:10 PM
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Lululemon buys in-home fitness company Mirror in $500-million deal
TORONTO — Lululemon Athletica Inc. has entered into an agreement to acquire in-home fitness company Mirror.
Jun 29, 2020 1:31 PM
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Hootsuite names new CEO to replace founder amid 'reckoning' for social media
VANCOUVER — Hootsuite has named a new CEO to replace founder Ryan Holmes after his 12 years at the helm of the Vancouver-based tech company.
Jun 29, 2020 12:22 PM
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Cirque du Soleil files for creditor protection, terminates 3,480 jobs
MONTREAL — The Cirque du Soleil, whose aerobatic shows have been halted by COVID-19, has filed for creditor protection while it develops a plan to restart its business.
Jun 29, 2020 12:14 PM
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Air Canada racks up more refund complaints than any foreign airline in U.S.
Air Canada has more customer complaints about refunds to the U.S. Department of Transportation than any non-U.S. airline.
Jun 29, 2020 11:55 AM
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Tim Hortons mobile ordering app under investigation by Canadian privacy agencies
GATINEAU, Que. — The Tim Hortons mobile ordering app is being investigated by the Office of the Privacy Commissioner of Canada and provincial agencies in Quebec, B.C. and Alberta.
Jun 29, 2020 9:55 AM
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Great-West subsidiary buying Personal Capital in deal worth at least US$825M
Great-West Lifeco Inc. will shell out more than US$800 million to buy U.S. investment manager Personal Capital — and its chief executive hinted the company is prepared to dip into its coffers again if other promising deals come along.
Jun 29, 2020 9:37 AM
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Frank and Oak latest Canadian clothing retailer to file for creditor protection
MONTREAL — Frank and Oak is the latest clothier retailer to seek creditor protection as it faces challenges dealing with the COVID-19 pandemic Parent company Modasuite Inc.
Jun 29, 2020 9:12 AM
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Porter Airlines extends suspension of flights until end of August
TORONTO — Porter Airlines is extending the suspension of all its flights until the end of August. The airline had previously planned to resume flying on July 29.
Jun 29, 2020 7:56 AM
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Rolling Stones threaten to sue Trump over using their songs
LONDON — The Rolling Stones are threatening President Donald Trump with legal action for using their songs at his rallies despite cease-and-desist directives.
Jun 29, 2020 5:38 AM
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