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National Business
National Business
Retailers add COVID-19 surcharge for services to help offset costs of pandemic
VANCOUVER — Among the many changes that returning customers to Hatz Hair Studio in North Vancouver may notice is a $5 charge on their bill to help offset costs associated with operating during the coronavirus.
May 26, 2020 12:05 PM
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'This is not a garden-variety recession,' says Scotiabank CEO as Q2 profit falls
TORONTO — COVID-19 weighed down Bank of Nova Scotia's second quarter, causing its profit to plunge and the company to increase its reserves to cover bad loans. The Toronto-based bank reported Tuesday a profit of $1.
May 26, 2020 11:54 AM
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Under-fire UK government aide Cummings has Johnson's loyalty
LONDON — Dominic Cummings helped Boris Johnson win power by pitting the people against the elite. Johnson’s Conservative administration has branded itself “the People’s Government.
May 26, 2020 11:01 AM
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Latam Airlines seeks bankruptcy protection as travel slumps
BANGKOK — Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic.
May 26, 2020 9:59 AM
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Survey of manufacturers finds output down, expected to last months yet
TORONTO — A survey of Canadian manufacturers shows a widespread drop in output as demand falls during the COVID-19 pandemic with no quick rebound in sight.
May 26, 2020 8:37 AM
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US new-home sales post slight gain in April
BALTIMORE — U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers.
May 26, 2020 8:35 AM
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Consumer confidence up slightly but remains near 6-year low
WASHINGTON — U.S. consumer confidence inched up this month, showing signs of stabilizing, but remained near a six-year low in the face of the widespread business shutdowns that have sent the economy into recession.
May 26, 2020 8:32 AM
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Porter Airlines extends suspension of flights another month to July 29
TORONTO — Porter Airlines is extending the suspension of all of its flights by another month until July 29.
May 26, 2020 7:57 AM
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US home price gains quickened in March as sales plunged
WASHINGTON — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.
May 26, 2020 7:04 AM
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George R.R. Martin joins group to buy historic railway
SANTA FE, N.M. — George R.R. Martin, the famed author of the “Game of Thrones” fantasy series, has joined a group to buy the historic Santa Fe Southern Railroad.
May 26, 2020 6:29 AM
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