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Hexo reports net loss of $11.1 million in second quarter, lower revenues
GATINEAU, Que. — Hexo Corp. reported a net loss of $11.1 million in its latest quarter, up from a year earlier, when it reported a loss of $690.3 million, which included $616 million in one-time impairment charges. The Gatineau, Que.
Mar 16, 2023 6:31 PM
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Pornhub owner MindGeek purchased by private equity firm
MONTREAL — A new private equity firm based in Ottawa says it has acquired the company behind one of the world's largest pornography sites, Pornhub.
Mar 16, 2023 5:00 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,539.01, up 160.17): Suncor Energy Inc. (TSX:SU). Energy. Down 22 cents, or 0.55 per cent, to $40.05 on 23.2 million shares.
Mar 16, 2023 4:50 PM
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S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent
TORONTO — Markets in Canada and the U.S. climbed steadily Thursday in yet another reversal during a volatile week, with tech helping drive strength as well as some signs of recovery in embattled financial stocks.
Mar 16, 2023 4:38 PM
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Experts, banks look for ideas to stop next bank failure
WASHINGTON (AP) — The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market.
Mar 16, 2023 4:19 PM
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Businesses expect slower sales in short term as cost, labour issues persist: survey
OTTAWA — Businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation, according to a survey by the Canadian Chamber of Commerce.
Mar 16, 2023 3:20 PM
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Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattack
Grocery giant Empire Company Ltd.
Mar 16, 2023 2:42 PM
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Some Canadian employers offer egg freezing as part of expanded fertility benefits
Tonya Johnson, 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly — as much as $15,000 for one egg freezing cycle with medication — putting it out of reach for many.
Mar 16, 2023 2:33 PM
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Yellen tells Congress US banking system 'remains sound'
WASHINGTON (AP) — A week after the second-largest bank collapse in U.S.
Mar 16, 2023 2:23 PM
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France's Macron risks his government to raise retirement age
PARIS (AP) — French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power.
Mar 16, 2023 1:59 PM
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