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Oilfield services rival makes alternative plan to restructure Calfrac debt

Oilfield services rival makes alternative plan to restructure Calfrac debt

CALGARY — A Texas-based competitor that is also an investor and debtholder in struggling Calfrac Well Services Ltd. has put forward a recapitalization plan it says is superior to one the Calgary-based company announced three weeks ago.
Husky targets 25% GHG emissions intensity cut, vows to hire more female leaders

Husky targets 25% GHG emissions intensity cut, vows to hire more female leaders

CALGARY — Husky Energy Inc. is joining other major oilsands producers in setting a short-term emissions intensity reduction target as a preliminary step as it works on a way to achieve net zero emissions by 2050.
Tampa teenager accused in Twitter hack pleads not guilty

Tampa teenager accused in Twitter hack pleads not guilty

TAMPA, Fla. — A Florida teen identified as the mastermind of a scheme that gained control of Twitter accounts of prominent politicians, celebrities and technology moguls pleaded not guilty on Tuesday to multiple counts of fraud.
EU regulators investigating Google's plan to buy Fitbit

EU regulators investigating Google's plan to buy Fitbit

LONDON — European Union regulators opened an in-depth investigation Tuesday into Google's plan to buy fitness tracking device maker Fitbit. The EU's executive commission said it was concerned the deal would entrench the U.S.
Tristan latest Canadian fashion retailer to seek creditor protection

Tristan latest Canadian fashion retailer to seek creditor protection

Montreal-based retailer Boutique Tristan & Iseut Inc. is seeking creditor protection.
Tech sector drives U.S. markets higher after best four months in a decade

Tech sector drives U.S. markets higher after best four months in a decade

TORONTO — The continuing strength of the tech sector powered U.S. stock markets higher in the start of trading in August after they concluded the best four months in a decade.
Prosecutor seeking Trump's taxes cites probe of his business

Prosecutor seeking Trump's taxes cites probe of his business

NEW YORK — A Manhattan prosecutor trying to get President Donald Trump’s tax returns told a judge Monday that he was justified in demanding them, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.
Trump fires TVA chair, cites hiring of foreign workers

Trump fires TVA chair, cites hiring of foreign workers

WASHINGTON — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federal-owned corporation for hiring foreign workers.

More corporate meetings to go virtual after success during pandemic

CALGARY — Any shareholder who's ever endured hours of travel to attend a company's annual meeting is in for good news in the wake of the COVID-19 pandemic.
US manufacturing improves in July, future clouded by virus

US manufacturing improves in July, future clouded by virus

WASHINGTON — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.