Skip to content

National Business

Lululemon cutting over 100 jobs in Washington distribution centre closure

Lululemon cutting over 100 jobs in Washington distribution centre closure

VANCOUVER — Lululemon Athletica Inc. says it is cutting more than 100 jobs as it plans to close a distribution centre in Washington state. It says some employees at the Sumner, Wash.
Major water users in southern Alberta agree to curb consumption in face of drought

Major water users in southern Alberta agree to curb consumption in face of drought

CALGARY — More than three dozen major water users in southern Alberta have agreed to voluntarily curb their consumption if there's a severe drought this spring or summer, but critics warn the deals won't do enough to address the issue.
TC Energy reduces pressure on pipeline segment as rupture investigation continues

TC Energy reduces pressure on pipeline segment as rupture investigation continues

CALGARY — TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system in Alberta while an investigation continues into the cause of a rupture that occurred earlier this week.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,807.37, up 98.93 points): Royal Bank of Canada. (TSX:RY). Finance. Up $1.05, or 0.79 per cent, to $134.57 on 13.5 million shares.
S&P/TSX composite closes up nearly 100 points, U.S. stock markets mixed

S&P/TSX composite closes up nearly 100 points, U.S. stock markets mixed

TORONTO — Canada's main stock index closed up nearly 100 points Friday, helped by strength in energy and financial stocks, while U.S. markets were mixed.
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week

Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week

NEW YORK (AP) — The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week. The S&P 500 dropped 0.9% to close out its third straight losing week.
TikTok testing Instagram-rival app TikTok Notes in Canada

TikTok testing Instagram-rival app TikTok Notes in Canada

TORONTO — TikTok is testing an app that rivals Instagram in Canada. The social media company says TikTok Notes became available for download and "limited testing" in Canada and Australia this week. TikTok Notes allows users to share photos and text.
The Body Shop Canada explores sale as demand outpaces inventory: court filing

The Body Shop Canada explores sale as demand outpaces inventory: court filing

TORONTO — The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with "robust" sales the retailer landed after announcing it would file for creditor protection and close 33 stores.
Apple pulls WhatsApp and Threads from App Store on Beijing's orders

Apple pulls WhatsApp and Threads from App Store on Beijing's orders

HONG KONG (AP) — Apple said it had removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Chinese authorities.
Province calls Gate Gourmet, striking airline catering workers back to bargaining

Province calls Gate Gourmet, striking airline catering workers back to bargaining

Ontario mediators have called striking airline catering workers back to the table for talks with employer Gate Gourmet, Teamsters Canada said Friday.