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National Business

Papa John's starts pulling founder's image from marketing

Papa John's starts pulling founder's image from marketing

NEW YORK — Papa John's, which has featured founder John Schnatter as a spokesman in logos and TV ads, has begun pulling his image from its marketing and pledged to assess its diversity practices in response to his use of a racial slur.

Toronto market slips lower on subdued volumes, U.S. markets make minor gains

TORONTO — Canada's main stock index ended lower Friday after gaining ground earlier in the day, while U.S. markets had minor gains and the loonie was down slightly. The S&P/TSX composite index closed down 6.30 points at 16,561.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,561.12, down 6.30 points) Hydro One Ltd. Instalment Receipts (TSX:H.IR). Utilities. Down 73 cents, or 2.98 per cent, to $23.77 on 6.
Corporations market at World Cup despite absence of US

Corporations market at World Cup despite absence of US

MOSCOW — Budweiser has a boat on the Moscow River and a disco. Coke set up an interactive sculpture-video installation in Gorky Park and entertained 5,000 guests during the monthlong tournament.
Federal-N.S. deal on funding levels for workplace training, job help completed

Federal-N.S. deal on funding levels for workplace training, job help completed

HALIFAX — The federal government is investing $700 million over six years in employment and skills training programs in Nova Scotia.

Callidus Capital Corp. eliminates dividend, shares fall more than 30 per cent

TORONTO — Shares of Callidus Capital Corp. fell more than 30 per cent after the financing company eliminated its dividend.

NAFTA talks hurt Canadian exporters even before trade dispute escalation: poll

OTTAWA — A growing number of Canadian exporters were saying the NAFTA talks were having a negative impact on their operations even before the trade dispute with the United States escalated in recent weeks.
Bel Group to build plant to produce popular Mini Babybel snacks in Quebec

Bel Group to build plant to produce popular Mini Babybel snacks in Quebec

SOREL-TRACEY, Que. — The Bel Group says it will spend $87 million to build a factory to produce Mini Babybel cheese snacks in Quebec at its first Canadian plant. The cheese snacks, which are encased in red wax, are currently imported.
DavidsTea director Roland Walton resigns from board

DavidsTea director Roland Walton resigns from board

MONTREAL — DavidsTea Inc. says Roland Walton has resigned as a director. Walton was elected to the company's board of directors last month as part of a group of dissident nominees that replaced the existing board.
Blockbusters in Alaska set to close; 1 store left in US

Blockbusters in Alaska set to close; 1 store left in US

ANCHORAGE, Alaska — Alaska's last two Blockbuster video stores are calling it quits, leaving just one store open in the U.S.