RioCan swings to loss, trims guidance on Hudson’s Bay hit
RioCan Real Estate Investment Trust has taken a quarterly loss and trimmed its earnings guidance because of the impact of its joint venture with struggling retailer Hudson’s Bay.
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RioCan Real Estate Investment Trust has taken a quarterly loss and trimmed its earnings guidance because of the impact of its joint venture with struggling retailer Hudson’s Bay.
Canada traded significantly less with the United States in March but made up for it at the start of a trade war between neighbours with increased overseas shipments, official data showed Tuesday.
Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are.
U.S. stocks are sinking Tuesday as AI mania on Wall Street loses more steam and as more companies scrub their forecasts for upcoming profits because of uncertainty created by U.S. President Donald Trump’s tariffs.
George Weston Ltd. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago, weighed down by a fair value adjustment as a result of an increase of Choice Properties Real Estate Investment Trust’s unit price in the quarter.
Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due to tariffs, it said Monday in its earnings report.
Canada posted a merchandise trade deficit of $506 million in March as exports to the U.S. fell with the implementation of new tariffs, but shipments to other countries climbed.
Canada Post employees could be headed to the picket line in just over two weeks, with an extension on existing deals between the Crown corporation and the union expiring on May 22.
A report on fraud insights is warning of an increase of in-person scams, where criminals can provide deceptive documents face-to-face.
Stocks closed lower on Wall Street, breaking a nine-day winning streak.
GameStop Canada says it has been acquired by French-Canadian entrepreneur Stephan Tetrault from the video game retailer’s struggling parent company.
Parkland Corp.’s biggest shareholder is going to court after the Calgary company announced a US$9.1-billion takeover by Sunoco LP and delayed a meeting where it was to face down investors pushing for a boardroom overhaul.
S&P/TSX composite down as oil falls, U.S. markets also end lower
With yet another strike deadline looming, the effects of the last postal workers’ strike are still being felt by a Kitchener, Ont. woman.
After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.
Billionaire Warren Buffett will remain chairman of the board at Berkshire Hathaway when vice chairman Greg Abel takes over for Buffett as CEO at the start of 2026.