Skip to content

National Business

Coinsquare executives step down after accusations of market manipulation

Coinsquare executives step down after accusations of market manipulation

TORONTO — Coinsquare Ltd. CEO Cole Diamond will step down after securities regulators accused the cryptocurrency company of misleading investors and manipulating the market.
CEO of parent company of Coach and Kate Spade resigns

CEO of parent company of Coach and Kate Spade resigns

NEW YORK — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade ago. Jide Zeitlin had been Tapestry Inc.
CN Rail recalling some of its 4,000 laid off workers as pandemic woes ease

CN Rail recalling some of its 4,000 laid off workers as pandemic woes ease

MONTREAL, Ont. — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic.
Toronto market gives up early gains as oil price rise boosts energy stock prices

Toronto market gives up early gains as oil price rise boosts energy stock prices

TORONTO — Canada's main stock index gave up early triple-digit gains on Tuesday as energy remained the sector with strong gains by the end of the trading day. The S&P/TSX composite index closed down 20.70 points at 16,162.96, despite an 8.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,162.96 , down 20.70 points.) Royal Bank of Canada (TSX:RY). Financials. Up 76 cents, or 0.80 per cent, to $95.70 on 10.
Rachel Maddow and Mary Trump make formidable TV combination

Rachel Maddow and Mary Trump make formidable TV combination

NEW YORK — Not only can President Donald Trump's niece Mary sell books, she can draw a crowd on television. Her one-hour interview with Rachel Maddow last Thursday reached 5.
Wattpad storytelling platform says hackers had access to user email addresses

Wattpad storytelling platform says hackers had access to user email addresses

TORONTO — Wattpad Corp. is providing more details about what data hackers might have gotten their hands on during a potential breach of the online storytelling platform.
Retail sales on pace to recover after 18.7 per cent surge in May, says StatCan

Retail sales on pace to recover after 18.7 per cent surge in May, says StatCan

Retail sales are on pace to recover from the COVID-19 shutdowns after surging nearly 19 per cent in May with even larger gains expected in June, says Statistics Canada. The agency says retail sales increased to $41.
Hibernia offshore oil production halted after apparent spill of drilling fluids

Hibernia offshore oil production halted after apparent spill of drilling fluids

ST. JOHN'S, N.L. — Production at the Hibernia offshore production platform 315 kilometres east of St. John’s, N.L., has been halted after an apparent spill of drilling and production fluids.
With stadiums, theatres closed, Coke 2Q revenue plunges 28%

With stadiums, theatres closed, Coke 2Q revenue plunges 28%

Coca-Cola's revenue plunged 28% in the second quarter, but the company thinks the worst could be behind it. Coke Chairman and CEO James Quincey said sales improved sequentially in May, June and July despite surging cases in key markets like the U.S.