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Teck CEO defends strategy at mining conference as investors launch criticism

Teck CEO defends strategy at mining conference as investors launch criticism

The CEO of Teck Resources Ltd. defended his company's growth strategy on Tuesday as dissident shareholders criticized what they called "underperforming" investments in coal and oilsands.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,881.16, down 222.06 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 19 cents, or 1.11 per cent, to $16.94 on 28.

'60 Minutes' wins ratings, President Trump's attention

NEW YORK — “60 Minutes” managed to win the week's ratings competition and attract the attention of President Donald Trump on the same week. With 9.
North American stock markets drop on concerns over economic reopenings

North American stock markets drop on concerns over economic reopenings

TORONTO — North American stock markets lost ground Tuesday on heightened concerns about the pace of economic reopenings during the COVID-19 pandemic. Investor jitters were heightened by U.S. Senate testimony from Dr.
Why prospect of deflation could pose a threat to US economy

Why prospect of deflation could pose a threat to US economy

WASHINGTON — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
India's prime minister announces huge virus relief package

India's prime minister announces huge virus relief package

NEW DELHI — Indian Prime Minister Narendra Modi announced Tuesday that the government will spend more than $260 billion, the equivalent of nearly 10% of the country's GDP, on a coronavirus economic relief package designed to make the world's second m
Canopy Growth says two top executives have left the cannabis firm

Canopy Growth says two top executives have left the cannabis firm

SMITHS FALLS, Ont. — Canopy Growth Corp. says two of its top executives have left the company. The Smiths Falls, Ont.
WestJet cancels most flights until July due to COVID-19 pandemic

WestJet cancels most flights until July due to COVID-19 pandemic

CALGARY — WestJet Airlines Ltd. is extending its suspension of thousands of flights by another four weeks until July 4 due to the COVID-19 pandemic. The Calgary-based carrier is halting all U.S.
Elon Musk becomes champion of defying virus stay-home orders

Elon Musk becomes champion of defying virus stay-home orders

Tesla CEO Elon Musk has emerged as a champion of defying stay-home orders intended to stop the coronavirus from spreading, picking up support — as well as critics — on social media.

Canadian Olympic Committee, Fasken law firm agree to five-year partnership

TORONTO — The Canadian Olympic Committee and law firm Fasken have entered into a five-year agreement.