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Restaurant Brands International reports Q1 profit and sales down from year ago

Restaurant Brands International reports Q1 profit and sales down from year ago

TORONTO — The parent company of Tim Hortons saw daily sales fall by more than 40 per cent in the last two weeks of March as the COVID-19 crisis began to take hold in Canada, but has since regained some momentum as it shifted more restaurants to servi
Teck Resources exits energy industry group CAPP, citing cost-cutting

Teck Resources exits energy industry group CAPP, citing cost-cutting

CALGARY — Teck Resources Ltd. is leaving the Canadian Association of Petroleum Producers, an industry organization whose members represent about 80 per cent of Canada's oil and gas production.

Atco reports lower Q1 profit, says COVID-19 may cause delays, labour shortages

CALGARY — Atco Ltd. says it had lower revenue and a reduced profit of $174 million profit in the first quarter, down from $226 million a year earlier.
Work safety strike, virus lockdown protest set for May Day

Work safety strike, virus lockdown protest set for May Day

LOS ANGELES — Essential workers will strike nationwide on May Day to demand safer conditions during the coronavirus outbreak, while other groups plan rallies against tight stay-at-home orders they say are crippling the U.S. economy.
Cameco says uranium spot prices are up amid production disruptions

Cameco says uranium spot prices are up amid production disruptions

SASKATOON — Cameco Corp. says spot uranium prices are up amid the production disruptions caused by the COVID-19 pandemic.
WestJet to use federal wage subsidy program to avoid pilot layoffs

WestJet to use federal wage subsidy program to avoid pilot layoffs

CALGARY — WestJet Airlines Ltd. says it will be able to save more than 1,000 pilot jobs by using the federal wage subsidy program.
Economic figures show grim toll in Europe and US from virus

Economic figures show grim toll in Europe and US from virus

NEW YORK — Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: The number of Americans filing for unemployment benefits has climbed past a staggering 30 million, while Europe’s economies have gone into an

Fairfax Financial loses nearly US$1.3B in Q1, less than it forecast two weeks ago

TORONTO — Fairfax Financial Holdings Ltd. says it lost nearly US$1.3 billion in the first quarter because of the COVID-19 pandemic, about US$100 million less than it forecast about two weeks ago. The Toronto-based holding company, which reports in U.
Apple pinched by pandemic; profit, iPhone sales decline

Apple pinched by pandemic; profit, iPhone sales decline

BERKELEY, Calif. — Apple's profit dipped slightly while revenues rose in the January-March quarter, reflecting early fallout from a coronavirus pandemic that shut down its factories and then forced hundreds of Apple retail stores to close.
'Stay home in the north:' Saskatchewan clamps down on northern travel

'Stay home in the north:' Saskatchewan clamps down on northern travel

REGINA — Saskatchewan Premier Scott Moe is telling residents in the northern part of the province to stay put as the region deals with an outbreak of COVID-19.