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Rogers sells flagship magazines Maclean's, Chatelaine in deal with St. Joseph

Rogers sells flagship magazines Maclean's, Chatelaine in deal with St. Joseph

TORONTO — The publisher of Toronto Life, Weddingbells and Fashion Magazine will acquire the last of Rogers Media's consumer-oriented print and digital publications in a deal that seems at odds with the prevailing pessimism about traditional media.
Baltimore sues to block move of Preakness Stakes

Baltimore sues to block move of Preakness Stakes

Baltimore has ratcheted up a bitter dispute with the owners of a historic racetrack in an effort to seize a nearly 150-year-old course and block the move of one of America's premier horse races out of the city where it was first run in 1873.
UK's May asks a wary EU to delay Brexit until June 30

UK's May asks a wary EU to delay Brexit until June 30

LONDON — Exactly 1,000 days after Britain voted to leave the European Union, and nine days before it is scheduled to walk out the door, Prime Minister Theresa May hit the pause button Wednesday, asking the bloc to postpone the U.K.

Uber expands its freight operations into Europe

SAN FRANCISCO — Ride-hailing giant Uber is expanding its freight business into Europe. The service connects trucking companies with shippers who have loads to haul.
Targeted methane emission cut rules estimated to save billions, says CERI study

Targeted methane emission cut rules estimated to save billions, says CERI study

CALGARY — A study from the Canadian Energy Research Institute suggests the oil and gas industry could save billions of dollars if governments implement optimized methane emission reduction regulations instead of requiring the same level of cuts at ev
UK judge denies bail to fugitive Indian diamond tycoon

UK judge denies bail to fugitive Indian diamond tycoon

LONDON — Diamond tycoon Nirav Modi, whose jewels once adorned stars from Bollywood to Hollywood, was ordered held without bail in London on Wednesday, more than a year after Indian authorities alleged he was involved in a $1.8 billion bank fraud.
Disney closes $71B deal for Fox entertainment assets

Disney closes $71B deal for Fox entertainment assets

Disney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," ''The Simpsons," ''Star Wars" and "Dr. Strange" under one corporate roof. The deal is likely to shake up the media landscape.
Anchor store expected to help largely vacant mall attract merchants, shoppers

Anchor store expected to help largely vacant mall attract merchants, shoppers

CALGARY — Ten months after tenants started moving into the still mostly empty New Horizon Mall just north of Calgary, its first anchor tenant is being announced this week.
Luxury sales down in formerly hot housing markets, but up in Montreal

Luxury sales down in formerly hot housing markets, but up in Montreal

Luxury home sales fell in the two formerly hot housing markets of Vancouver and Toronto, as well as Calgary, in the first couple months of the new year, according to data released Wednesday by Sotheby's International Realty Canada.
Power Financial reports $478M Q4 profit, raises quarterly dividend

Power Financial reports $478M Q4 profit, raises quarterly dividend

MONTREAL — Power Financial Corp. announced a quarterly dividend increase Wednesday as it reported a fourth-quarter profit of $478 million. The Montreal-based company's quarterly payment to shareholders will go up by 5.2 per cent to 45.