Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,368.03, up 198.83 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 2.5 cents, or 5.38 per cent, to 44 cents on 9.97 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 38 cents, or 1.8 per cent, to $21.45 on 7.49 million shares. Manulife Financial Corp (TSX:MFC). Financials.... Read More

B.C. allows private pot retailers to sell products online for in-store pick-up

B.C. allows private pot retailers to sell products online for in-store pick-up
VICTORIA — The British Columbia government says new rules for private cannabis retailers will allow pot to be reserved and paid for online, but customers still have to pick up their orders in person. The province says the regulations now allow private cannabis stores to accept payments made on a website, app or by telephone. Previous licence conditions allowed customers to reserve cannabis products online, but required... Read More

Trying to avoid mass transit? Here’s how to buy a bike without breaking the bank

Trying to avoid mass transit? Here’s how to buy a bike without breaking the bank
TORONTO — Like many Canadians, Lindsay Bliek and her children have spent a lot of time cycling recreationally under lockdown. In fact, the Calgary-based cycling blogger recently started plotting new routes to avoid crowds on her usual ones. Thanks in part to the surge in popularity of cycling, Bliek says getting her hands on a bike is more complicated than in the past. When... Read More

Oilfield services rival makes alternative plan to restructure Calfrac debt

Oilfield services rival makes alternative plan to restructure Calfrac debt
CALGARY — A Texas-based competitor that is also an investor and debtholder in struggling Calfrac Well Services Ltd. has put forward a recapitalization plan it says is superior to one the Calgary-based company announced three weeks ago. Wilks Brothers, LLC, says its offer would significantly lower Calfrac’s debt level and give a better recovery to stakeholders by providing more consideration for... Read More

Ford CEO Hackett to retire, COO Jim Farley to lead automaker

Ford CEO Hackett to retire, COO Jim Farley to lead automaker
DETROIT — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective Oct. 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with Ford for more than a... Read More

TSX up in first trading in August after Civic Holiday closure; U.S. markets slip

TSX up in first trading in August after Civic Holiday closure; U.S. markets slip
TORONTO — Canada’s main stock index increased in its first early morning trading in August after Monday’s Civic Holiday closure, while U.S. markets dipped. The S&P/TSX composite index was up 147.16 points at 16,316.36. In New York, the Dow Jones industrial average was down 56.42 points at 26,607.98. The S&P 500 index was down 5.61 points at 3,289.00, while the Nasdaq composite... Read More

EU regulators investigate Google’s plan to buy Fitbit

EU regulators investigate Google’s plan to buy Fitbit
LONDON — European Union regulators say they’re opening an in-depth investigation into U.S. tech giant Google’s plan to buy fitness tracking device maker Fitbit The EU’s executive commission said Tuesday it’s concerned the deal would entrench Google’s position in the online ad market by “increasing the already vast amount of data” that the company could use to personalize ads. EU... Read More