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National Business
National Business
Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged
CALGARY — Cenovus Energy Inc. reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.
Apr 29, 2020 5:08 AM
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Trump orders meat processing plants to remain open
WASHINGTON — President Donald Trump took executive action Tuesday to order meat processing plants to stay open amid concerns over growing coronavirus cases and the impact on the nation's food supply.
Apr 28, 2020 5:51 PM
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Ford burns up billions of dollars in 1Q, posts $2B net loss
DETROIT — The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factories aren't restarted.
Apr 28, 2020 5:16 PM
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Forecasts show Alberta could begin reopening economy in May: Kenney
EDMONTON — Premier Jason Kenney says Alberta is doing better than expected on containing COVID-19 and the plan is to begin relaxing health lockdown rules next month.
Apr 28, 2020 4:59 PM
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With captive audience, cable news has big ratings in April
NEW YORK — Tucker Carlson, Joe Scarborough, Chris Cuomo, Bret Baier, Nicolle Wallace and Anderson Cooper have more in common than you think — at least this month.
Apr 28, 2020 4:32 PM
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Google's growth slows as pandemic infests advertising market
BERKELEY, Calif. — Google reported its weakest revenue growth in nearly five years as the pandemic-driven recession began to shrivel its advertising sales in the first quarter.
Apr 28, 2020 3:45 PM
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Southwest posts 1st quarterly loss in almost a decade
DALLAS — Southwest Airlines posted its first quarterly loss in nearly a decade and said Tuesday that the downturn in air travel that began in late February shows no signs of letting up.
Apr 28, 2020 3:43 PM
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Vermilion Energy posts $1.3-billion loss on oil and gas assets writedown
CALGARY — A $1.2-billion writedown in the value of its oil and gas assets around the world due to low global commodity prices resulted in a first-quarter net loss of $1.3 billion or $8.42 per share for Vermilion Energy Inc.
Apr 28, 2020 3:18 PM
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West Fraser Timber withdraws 2020 production outlook due to COVID-19
VANCOUVER — West Fraser Timber Co. Ltd. says it is withdrawing its production outlook for the year due to the uncertain impact of measures to cope with the COVID-19 pandemic.
Apr 28, 2020 3:18 PM
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Quebec to reopen retail, construction and manufacturing businesses
MONTREAL — Quebec's economic recovery plan unveiled Tuesday aims to reopen the province's retail, construction and manufacturing sectors by mid-May, allowing roughly 500,000 people who had been temporarily laid off during the pandemic to return to wo
Apr 28, 2020 3:11 PM
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