Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,903.49 up 98.76 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 71 cents, or 9.9 per cent, to $7.88 on 25.1 million shares. Aphria Inc. (TSX:APHA). Health care. Down 21 cents, or 2.35 per cent, to $8.71 on 14.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 2.19... Read More

SEC, Wells Fargo agree to 38 Studios settlement, but delayed

SEC, Wells Fargo agree to 38 Studios settlement, but delayed
PROVIDENCE, R.I. — The U.S. Securities and Exchange Commission and Wells Fargo Securities say they have agreed in principle to settle a lawsuit over Rhode Island’s failed $75 million deal with former Boston Red Sox pitcher Curt Schilling’s videogame company. But they said in a court filing on Thursday that final approval is delayed due to the government shutdown. They’re... Read More

Shoppers-branded Botox clinics launch amid concerns of ‘cookie-cutter’ cosmetics

Shoppers-branded Botox clinics launch amid concerns of ‘cookie-cutter’ cosmetics
TORONTO — Shoppers Drug Mart takes its most aggressive step into the beauty business this weekend with its first stand-alone clinic to offer Botox injections, fillers, laser treatments and medical-grade peels. But while the Beauty Clinic by Shoppers Drug Mart is being touted as “a natural extension” of the drugstore chain’s moves into the cosmetics space, some wary observers fear... Read More

Talks continue to break impasse over pipeline construction in northern B.C.

Talks continue to break impasse over pipeline construction in northern B.C.
SMITHERS, B.C. — A meeting is underway between RCMP and hereditary chiefs of the Wet’suwet’en First Nation over the details of a tentative agreement that would allow Coastal GasLink the access it needs to a pipeline work site in northern British Columbia. On Thursday, hereditary chiefs told residents and supporters of the Unist’ot’en healing camp that the deal would see members... Read More

Postmedia’s Paul Godfrey passes baton to Andrew MacLeod, who takes on CEO’s job

Postmedia’s Paul Godfrey passes baton to Andrew MacLeod, who takes on CEO’s job
TORONTO — Postmedia Network Canada Corp. announced Thursday that Paul Godfrey is stepping down as CEO and will be succeeded by president and chief operating officer Andrew MacLeod. Godfrey, who has been Postmedia’s CEO since the company was founded in 2010, will stay on as executive chairman. MacLeod joined Postmedia in 2014 as chief commercial officer and was named chief operating officer in... Read More

Toronto stocks edge higher, U.S. stocks mixed; Loonie gives up ground

Toronto stocks edge higher, U.S. stocks mixed; Loonie gives up ground
TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by rising energy stocks and gains in the health-care sector which includes the big marijuana companies. The S&P/TSX composite index was up 17.87 points at 14,822.60. In New York, the Dow Jones industrial average was up 25.66 points at 23,904.78. The S&P 500 index was down 0.79 points at... Read More

Ford to shake up European business, cut jobs

Ford to shake up European business, cut jobs
FRANKFURT — Ford Motor Co. says it is cutting jobs in Europe in a wide-ranging restructuring as it focuses on its most profitable models and shifts production towards electric cars. In a statement, the company said Thursday that “structural cost improvements will be supported by a reduction of surplus labour,” both hourly and salaried. The Dearborn, Michigan-based company didn’t reveal... Read More

N.B. cannabis retailer lays off staffers as ‘operational needs’ become clear

N.B. cannabis retailer lays off staffers as ‘operational needs’ become clear
FREDERICTON — New Brunswick’s cannabis retailer is laying off staff, saying it has a better understanding of “operational needs” three months after the historic legalization of recreational marijuana. Cannabis NB said most of the layoffs involved people with seasonal contracts, but some are part-time or full-time employees. Spokeswoman Marie-Andree Bolduc said Thursday that despite supply challenges, operations have normalized at the... Read More