Football great Joe Montana looking to score with marijuana

Football great Joe Montana looking to score with marijuana
SAN FRANCISCO — Hall-of-Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday. San Jose, California-based Caliva said it will use the investment to grow a company that includes a farm, a retail store, distribution centre and a delivery service. It... Read More

Starbucks posts better-than-expected profit in fiscal 1Q

Starbucks posts better-than-expected profit in fiscal 1Q
SEATTLE — Improved U.S. holiday sales helped Starbucks Corp. achieve better-than-expected results in its fiscal first quarter. After a disappointing holiday in 2017, Starbucks made some changes. This past year, holiday drinks went on sale earlier and the company removed some merchandise from the lobby to make a clearer path to gift cards. It worked. Starbucks Chief Operating Officer Roz... Read More

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 (15,280.78, up 72.45 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 58 cents, or 7.02 per cent, to $8.84 on 14.6 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down nine cents, or 4.46 per cent, to $1.93 on 11 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health... Read More

Securities commission warns of scheme that targets money-losing investors

Securities commission warns of scheme that targets money-losing investors
CALGARY — The Alberta Securities Commission is warning investors to steer clear of an organization that offers to help recover funds lost in high-profile failed investments but appears to be more focused on pocketing victims’ enrolment fees. The provincial regulator says Global Advocacy Association or Global Advocates has been targeting Canadian investors in troubled Alberta-based CBI Group and real estate developer Walton Group of Companies, as well... Read More

Higher energy prices drive TSX higher while U.S. markets are mixed

Higher energy prices drive TSX higher while U.S. markets are mixed
TORONTO — Canada’s main stock index increased on the back of higher crude oil prices while trading on U.S. stock markets was mixed. The S&P/TSX composite index closed up 72.45 points at 15,280.78. In New York, the Dow Jones industrial average was down 22.38 points at 24,553.24. The S&P 500 index was up 3.63 points at 2,642.33, while the Nasdaq composite was... Read More

Toronto-based online story hub Wattpad to bring viral reads to bookstores

Toronto-based online story hub Wattpad to bring viral reads to bookstores
TORONTO — Canadian online storytelling platform Wattpad is bringing clickable reads to a bookstore near you. The Toronto-based company announced in a press release on Thursday that it’s setting its sights on the offline book market with the launch of a new publishing division. It says Wattpad Books will leverage data-based insights from its audience of more than 70 million to publish proven hits from its diverse online community... Read More

Prince Charles’ charity stops accepting Huawei donations

Prince Charles’ charity stops accepting Huawei donations
LONDON — A charity founded by Britain’s Prince Charles said Thursday it’s not accepting any more donations from Huawei, the latest setback for the Chinese telecom giant as it battles allegations it’s a cybersecurity risk. Huawei, the world’s biggest producer of telecom network gear, is facing increasing scrutiny in Europe over concerns about its technology. Huawei has been expected to... Read More

Ontario Cannabis Store seeking courier for same-day pot delivery services

Ontario Cannabis Store seeking courier for same-day pot delivery services
TORONTO — The Ontario Cannabis Retail Corporation is seeking a courier to make same-day pot deliveries, starting with the Greater Toronto Area. The provincial corporation tasked with the online sales and distribution of recreational weed has posted a tender calling for “expedited same-day delivery.” “As OCRC’s marketplace evolves, the ability for the organization to provide a variety of delivery options to... Read More

eBay Canada to offer e-commerce training in Halifax for businesses

eBay Canada to offer e-commerce training in Halifax for businesses
HALIFAX — Online shopping and auction giant eBay Canada has chosen Halifax as the first Canadian city for its e-commerce training course, saying the Nova Scotia capital was selected on the strength of its small business community. Andrea Stairs, general manager for eBay Canada and Latin America, says the local retail sector has strong potential to grow by reaching new customers through the company’s online marketplace.... Read More