North American stock markets surge higher in late-morning trading

North American stock markets surge higher in late-morning trading
TORONTO — Canada’s main stock index surged higher in late-morning trading, fuelled by the key energy, financial, industrial and materials sectors. The S&P/TSX composite index was up 186.15 points at 14,853.98. In New York, the Dow Jones industrial average was up 342.22 points at 24,712.46. The S&P 500 index was up 39.16 points at 2,675.94, while the Nasdaq composite was... Read More

Spice spat: Old Bay sues New Bae for trademark infringement

Spice spat: Old Bay sues New Bae for trademark infringement
BALTIMORE — A clash of seasonings is looming in federal court, as Maryland’s Old Bay seeks to protect its trademark in a lawsuit against another spice blend, New Bae. The Daily Record reports Old Bay maker McCormick & Co. sued this week to stop Pittsburgh-based Primal Palate from using the “New Bae” name. The paleo diet-centred Primal Palate launched New... Read More

Fast-expanding seafood giant joins Irvings, McCains as N.B. business royalty

Fast-expanding seafood giant joins Irvings, McCains as N.B. business royalty
FREDERICTON — For the Irvings, it was Bouctouche. For the McCains, Florenceville. Now, in tiny Black’s Harbour, in between an Irving gas bar and the local Freshmart, is a small, two-storey brick building that is head office for New Brunswick’s newest family-owned multinational. Cooke Aquaculture Inc. is the world’s largest independent seafood company, with billions of dollars in annual revenue, shipping one... Read More

Google grilled in Congress: What’s ahead for tech companies

Google grilled in Congress: What’s ahead for tech companies
WASHINGTON — U.S. lawmakers’ grilling of Google CEO Sundar Pichai may have sounded like a broken record, but it amplified the prickly issues facing tech companies as Democrats prepare to take control of the House next month. The 3 1/2-hour hearing Tuesday hit upon familiar themes — online privacy, data protection and the danger of digital monopolies — that are... Read More

Aphria signs medical marijuana supply deal with company in Paraguay

Aphria signs medical marijuana supply deal with company in Paraguay
LEAMINGTON, Ont. — Marijuana producer Aphria Inc. has signed a letter of intent to supply a company in Paraguay with medical cannabis. Under the agreement, Aphria will supply Insumos Medicos S.A., a pharmaceutical manufacturing, import and distribution company. Aphria says Insumos will undertake the registration of the Canadian company’s products in Paraguay and the appropriate licensing for the import of... Read More