Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,366.05, up 85.27 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up four cents, or 0.45 per cent, to $8.88 on 18.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 3.63 per cent, to $2.00 on 12.6 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health... Read More

Apple News to debut in Canada next week, featuring five news outlets

Apple News to debut in Canada next week, featuring five news outlets
CUPERTINO, Calif. — Apple Inc. will debut its Apple News app in Canada early next week. The U.S.-based tech giant’s app curates news and can be set up to provide stories based on a user’s interests. The app will launch with English and French content from CBC, Radio Canada, La Presse, CTV News and the Toronto Star, but will eventually grow to include stories... Read More

Netflix: competition, not regulation, is the way to stimulate Canadian content

Netflix: competition, not regulation, is the way to stimulate Canadian content
TORONTO — Netflix says it shouldn’t be forced to pay into funds that are designed to support the creation of Canadian content, arguing that the country is better served by market competition than by regulating foreign online services. The California-based company makes the argument in a submission to a government-appointed expert panel that will make recommendations for changing Canada’s laws governing broadcasting and telecommunications.... Read More

Materials sector helps boost stocks in Toronto, loonie flies higher

Materials sector helps boost stocks in Toronto, loonie flies higher
TORONTO — The materials sector helped boost Canada’s main stock index in late-morning trading, while the loonie gained ground against the U.S. dollar. The S&P/TSX composite index was up 69.04 points at 15,349.82. In New York, the Dow Jones industrial average was up 239.48 points at 24,792.72. The S&P 500 index was up 24.47 points at 2,666.80, while the Nasdaq composite... Read More

Federal government runs $2.1-billion deficit for April-to-November period

Federal government runs $2.1-billion deficit for April-to-November period
OTTAWA — The federal government ran a deficit of $2.1 billion through the first eight months of its 2018-19 fiscal year compared with a deficit of $9.5 billion in the same period a year earlier. In its monthly fiscal monitor, the Finance Department says revenue in the April-to-November period was up $16.7 billion, or 8.6 per cent, boosted by increases in... Read More

Enerplus focuses $600-million budget on growing North Dakota oil production

Enerplus focuses $600-million budget on growing North Dakota oil production
CALGARY — Enerplus Corp. says it will increase spending and production this year while continuing to focus on its North Dakota Bakken light oil play. The mid-sized producer says it plans to spend between $565 million and $635 million this year, with the mid-point of $600 million set slightly higher than actual spending of $594 million in 2018. Only 7.5 per... Read More

Unifor calls for boycott of GM vehicles from Mexico in ramp-up of Oshawa fight

Unifor calls for boycott of GM vehicles from Mexico in ramp-up of Oshawa fight
TORONTO — Canada’s largest private sector union is calling for a boycott of General Motors vehicles made in Mexico as part of a campaign to save GM’s assembly operation in Oshawa, Ont. The call from Unifor comes after national president Jerry Dias said he wouldn’t call for an outright boycott of GM products because he wouldn’t want to hinder workers at GM’s other plants... Read More

Homeowner equipment caused California wine country fire

Homeowner equipment caused California wine country fire
SACRAMENTO, Calif. — In a long-awaited report, state investigators said Thursday that a 2017 wildfire that killed 22 people in Northern California wine country was caused by a private electrical system, not equipment belonging to embattled Pacific Gas & Electric Corp. The state firefighting agency concluded that the blaze started next to a residence. It did not find any violations... Read More

Queen urges common ground in remarks seen as Brexit nod

Queen urges common ground in remarks seen as Brexit nod
LONDON — Queen Elizabeth II has urged people to seek “common ground,” in remarks widely interpreted as a veiled criticism of the toxic debate surrounding Britain’s departure from the European Union. While the monarch didn’t mention Brexit and is barred from commenting on political issues, the Times of London described the comments as a “rebuke to warring politicians.” Lawmakers on... Read More

Sundance: Documentary dives deep into the fraud of Theranos

Sundance: Documentary dives deep into the fraud of Theranos
PARK CITY, Utah — Oscar-winning filmmaker Alex Gibney has always been interested in the psychology of fraud and self-deception. So when HBO CEO Richard Plepler and Graydon Carter proposed that he look into the blood-testing startup Theranos and its charismatic young leader Elizabeth Holmes, saying yes was a “no-brainer.” The film, “The Inventor: Out for Blood in Silicon Valley,” premiered... Read More