Skip to content
6.0 °Cforecast >
Fog

National Business

Xi urges stronger Chinese stand against "grim" challenges

Xi urges stronger Chinese stand against "grim" challenges

BEIJING — Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take on a more forceful role in society and economic development to better address "grim" challenges facing the country as he opened a twice-a-decade nationa
Donna Karan begs forgiveness for Harvey Weinstein remarks

Donna Karan begs forgiveness for Harvey Weinstein remarks

NEW YORK — Fashion designer Donna Karan is "apologetic from the bottom of my heart" and embarrassed about "stupid" remarks she made last week that suggested sexual harassment victims were "asking for it" by the way they dressed.
Administration does not brand China currency manipulator

Administration does not brand China currency manipulator

WASHINGTON — The Trump administration on Tuesday once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office.

Trump indicates Fed search down to 5 finalists

WASHINGTON — President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen.

Canadian Pacific raises guidance after profits climb in the quarter

CALGARY — Canadian Pacific Railway Ltd. (TSX:CP) has revised upwards its 2017 guidance after seeing profits climb for another quarter. The Calgary-based company said Tuesday that net income for the third quarter came in at $510 million, or $3.
Showrunner alleges sexual harassment by Bob Weinstein

Showrunner alleges sexual harassment by Bob Weinstein

NEW YORK — Spike network is investigating reports of sexual harassment by the brother of disgraced film mogul Harvey Weinstein against the female showrunner of a series produced by The Weinstein Co. and aired on Spike.

Toronto stock index crawls higher as shares in Bombardier soar after Airbus deal

TORONTO — Canada's main stock index eked out a minor gain Tuesday, as shares of Bombardier Inc. soared following its CSeries deal with Airbus. Shares in Bombardier (TSX:BBD.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,816.90, up 14.20 points): Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 37 cents, or 15.68 per cent, to $2.73 on 59.

Sears Canada's registered retirement plan appointed new administrator

TORONTO — The Ontario government has appointed a new administrator for Sears Canada Inc.'s registered retirement plan after determining a wind up of the insolvent retailer's pension plan is inevitable.
Harvey Weinstein leaves the board of his film company

Harvey Weinstein leaves the board of his film company

NEW YORK — Harvey Weinstein is leaving the board of the film company he started, more than a week after the firm fired him following allegations of sexual harassment and rape.