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National Business

Hawaii volcano eruption costs tourism industry millions

Hawaii volcano eruption costs tourism industry millions

PAHOA, Hawaii — People nixing vacations to Hawaii's Big island has cost the tourism industry millions of dollars as the top attraction, Kilauea volcano, keeps spewing lava.
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Settlement reached in Giants, Manning memorabilia fraud case

Settlement reached in Giants, Manning memorabilia fraud case

HACKENSACK, N.J.
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American Express extends Aeroplan deal to 2020 to exit alongside Air Canada

American Express extends Aeroplan deal to 2020 to exit alongside Air Canada

TORONTO — American Express Canada says it has reached a deal with Aimia Inc. and Air Canada extend its term as a credit card partner in the Aeroplan rewards program.
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Box Office Top 20: 'Avengers' holds at No. 1 for third week

Box Office Top 20: 'Avengers' holds at No. 1 for third week

LOS ANGELES — "Avengers: Infinity War" topped the charts for the third weekend in a row, adding $62.1 million to its domestic grosses. The superhero blockbuster has now earned $548.1 million from North American theatres .
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H&R REIT selling retail properties for $810 million to focus on residential arm

TORONTO — H&R Real Estate Investment Trust says it is selling 63 U.S. retail properties for about $810 million with plans to reinvest some of the proceeds to grow its Lantower Residential division.
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Brookfield in $4.2-billion bid for Australian health-care provider Healthscope

TORONTO — Brookfield Asset Management Inc. has made a $4.2-billion bid for Australian hospital group Healthscope Ltd. that has trumped a rival bid for the health-care provider.
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Lay your money down: Court says states can OK sports betting

Lay your money down: Court says states can OK sports betting

WASHINGTON — The Supreme Court cleared the way Monday for states coast to coast to legalize betting on sports, breaking a longtime ban and creating a potential financial boon for states and the gambling industry.
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Toronto, U.S. stock markets up in broad-based advance on easing trade fears

Canada's main stock market index closed up Monday along with U.S. markets amid elevated crude prices and lowering trade dispute fears. The further easing of trade fears came in part from U.S.
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DHX Media to cut its debt load with money from Sony-Peanuts deal: CEO

DHX Media to cut its debt load with money from Sony-Peanuts deal: CEO

DHX Media Ltd. said Monday the sale of nearly half of its stake in the Peanuts entertainment business to a Sony Corp. division for $237 million in cash will help reduce the Canadian animation company's debt load and improve its operating results.
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Jean Coutu price was high but will pay long-term dividends, says Metro CEO

Jean Coutu price was high but will pay long-term dividends, says Metro CEO

MONTREAL — The cost of buying the Jean Coutu Group was high but the pill wasn't too difficult to swallow because it will generate a good return on the investment, Metro Inc. chief executive Eric La Fleche said Monday.
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