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National Business
National Business
Calfrac Well Services shares rise 75%; oilfield company says it hired advisers
CALGARY — Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change" that would account for a 75.6 per cent increase in its share price on Tuesday.
Jun 9, 2020 1:55 PM
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Some Canadian CrossFit gyms quick to de-affiliate from brand after Glassman comments
TORONTO — Darren Thornton is in the process of researching new names to rebrand CrossFit Defy, the gym he co-owns with his wife Michelle in Toronto's Leaside neighbourhood.
Jun 9, 2020 12:38 PM
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Macy's says reopened stores luring back customers
NEW YORK — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results.
Jun 9, 2020 10:11 AM
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Former Bank of Canada governor Stephen Poloz joins board of directors at CGI
MONTREAL, Ont. — Former Bank of Canada governor Stephen Poloz is joining the board of directors at technology and consulting firm CGI Inc.
Jun 9, 2020 6:09 AM
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US prosecutors spar with Prince Andrew in Epstein probe
LONDON — U.S. prosecutors and attorneys for Britain's Prince Andrew sniped at one another across the Atlantic on Monday, each saying the other side was to blame for the duke's failure to participate in the Jeffrey Epstein sex trafficking probe.
Jun 9, 2020 5:18 AM
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California OKs movie theatres to reopen with limited seats
SACRAMENTO, Calif. — California movie theatres can begin opening later this week if they limit theatre capacity to 25% or no more than 100 attendees, under state guidance released Monday.
Jun 9, 2020 5:07 AM
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France announces $16.9 billion in aid for aviation industry
PARIS — France’s government is pumping 15 billion euros ($16.
Jun 9, 2020 4:44 AM
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Median price of dried cannabis dropped 25 per cent in Ontario last year: OCS
TORONTO — The Ontario Cannabis Store says the median price of dried flower dropped 25 per cent in its first full year of operation since legalization in a bid to compete with the illegal market. The illegal price was $8.23 per gram, compared with $8.
Jun 8, 2020 3:46 PM
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Oil and gas spending estimates adjusted lower as uncertainties persist
CALGARY — New forecasts show dramatically lower expectations for 2020 capital spending in the oil and gas sector both nationally and in Alberta, the province that produces 65 per cent of Canada's natural gas and 82 per cent of its oil.
Jun 8, 2020 3:22 PM
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S&P 500 fully recovers, Nasdaq hits record high on reopening optimism
TORONTO — The S&P 500 fully recovered all losses this year while the Nasdaq composite index set a record high on continued investor optimism about progression of economic reopenings.
Jun 8, 2020 2:47 PM
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