Tag Archives: business

WASHINGTON - U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federa...

TOKYO - Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games. Kyoto-based Nintendo, which did not break down quarterly numbers, said...

TORONTO - Greyhound Canada is temporarily slamming the brakes on all of its bus routes and services as ridership plummets amid the COVID-19 pandemic. Starting May 13, the transportation comp...

OTTAWA - Adam Brown lined up a job in March with a consulting firm in Edmonton. He just started there this week. Brown counts himself among the lucky ones - luckier than many of his fri...

NEW YORK - Americans stuck at home staring at fading furniture and wondering what to cook for dinner have been a boon for television networks like HGTV and the Food Network. The Food Network's overall...

MIAMI - The family of a cruise crew member who died after testing positive for COVID-19 filed a lawsuit against Royal Caribbean Cruises on Tuesday saying the company failed to protect its employees as...

OTTAWA - Add chickens, mushrooms and potatoes to the ever-longer list of products being purchased by the federal government to combat the impact of the COVID-19 pandemic. A program being heralded as t...

SOAVE, Italy - Luxury sports carmaker Ferrari on Monday lowered its full-year earnings guidance significantly due to the COVID-19 pandemic, and acknowledged that the new outlook assumes a sharp recove...

OTTAWA - The Bank of Canada will need to maintain its independence to aid the economy during and after the COVID-19 pandemic, particularly as the country's debt levels rise, says the bank's secon...

OTTAWA - Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, unprecedented ...