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Updated: 1 hour 54 min ago

Walmart took bigger bite out of Canadian grocery industry last quarter, earnings show

3 hours 5 min ago

Walmart says its Canadian stores gained market share against rivals during its fiscal second quarter.

EpiPen settlement reached in U.S. for $465M

5 hours 28 min ago

Mylan finalizes settlement with the U.S. Justice Department, resolving claims it overcharged the government for its EpiPen.

Manufacturing sales fall in June after 3 straight monthly gains

9 hours 45 min ago

Statistics Canada says manufacturing sales fell in June, following three consecutive months of gains.

Where does the CIBC-PC Financial breakup leave consumers?

14 hours 8 min ago

CIBC and PC Financial are breaking up a 20-year banking marriage and divvying up the assets — news one financial expert says isn't necessarily a good or bad thing for consumers.

'A broken system': Why workers are fighting mandatory mail-order drug plans

14 hours 8 min ago

Denying workers a choice in where they can buy their prescription drugs can save companies money, but many workers say the choice is simply too important.

Sears Canada chairman steps down so he can bid to buy retailer

Wed, 08/16/2017 - 13:07

The executive chairman of Sears Canada has stepped down in order to head up a bid to buy the company.

Donald Trump disbands business and manufacturing councils as CEOs begin to jump ship

Wed, 08/16/2017 - 10:47

U.S. President Donald Trump announced he is disbanding two advisory panels full of business executives after a number of high-profile CEOs either quit the panels or criticized his response to last weekend's tragic events in Charlottesville, Va.

CIBC takes over banking business from PC Financial, renames bank Simplii

Wed, 08/16/2017 - 06:09

President's Choice is getting out of the banking business, selling its PC Financial unit to CIBC, which will rebrand the bank as Simplii.

Fiat-Chrysler and BMW team up with Intel to develop self-driving system

Wed, 08/16/2017 - 05:35

Fiat Chrysler is teaming up with BMW and Intel to develop an autonomous-driving system.

What Canadian business hopes to get from NAFTA talks

Wed, 08/16/2017 - 03:00

Canadian businesses are hoping U.S. negotiators will be receptive to maintaining, if not improving, the current cross-border flow of goods and workers as the North American Free Trade Agreement is renegotiated, starting today.

For or against? Business leaders feel forced to take a stand on Trump: Don Pittis

Wed, 08/16/2017 - 02:00

Extremist views are forcing business leaders to take a stand on whether to support Trump — part of a growing U.S. polarization that may prove dangerous.

The Daily Stormer is offline after Google, GoDaddy disable the Neo-Nazi site's account

Tue, 08/15/2017 - 09:05

The tech industry is trying to more actively police online hate speech and incitements to violence.

Air Berlin files for bankruptcy after key shareholder pulls the plug on funding

Tue, 08/15/2017 - 08:55

Germany's second largest airline, Air Berlin, has filed for bankruptcy protection after its main shareholder said it would make no more financing available following years of unsuccessful turnaround attempts.

Amazon offers refunds to customers who bought fake eclipse glasses

Tue, 08/15/2017 - 08:15

Amazon is contacting customers who may have bought defective knockoff glasses on its website thinking they could protect their eyes during the Aug. 21 solar eclipse.

Minimum wage hikes next year will cost grocery chain Metro up to $50M, company says

Tue, 08/15/2017 - 07:50

Ontario's recent decision to hike its minimum wage to $15 an hour would cost Metro up to $50 million next year and put "significant pressure" on the entire industry, the grocery chain's CEO said Tuesday.

Average price of Canadian home sold in July inched down 0.3% to $478,696 in past year

Tue, 08/15/2017 - 06:20

The average sale price of a Canadian home has fallen by 0.3 per cent in the past year, the first yearly decline since 2013.

Top CEOs begin exodus from White House council after Trump's response to Charlottesville

Mon, 08/14/2017 - 20:55

The CEOs of athletic wear manufacturer Under Armour, computer chip maker Intel and pharmaceutical company Merck resigned Monday from the White House's American Manufacturing Council.

Under Armour CEO latest to drop out from Trump council

Mon, 08/14/2017 - 18:28

The CEO of athletic wear manufacturer Under Armour is resigning from the President's American Manufacturing Council, saying his company "engages in innovation and sports, not politics."

Trump's tweets 'are hurting him,' says former McDonald's CEO

Mon, 08/14/2017 - 16:39

The former CEO of McDonald's calls U.S. President Donald Trump "childish" and says he should "quit tweeting."

McDonald's Canada marking 50th birthday with 67-cent hamburgers

Mon, 08/14/2017 - 13:46

McDonald's is selling hamburgers for 67 cents this Wednesday to celebrate the opening of its first restaurant in Canada 50 years ago.


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