New device puts music in your head – no headphones required

New device puts music in your head  –  no headphones required
  LONDON — Imagine a world where you move around in your own personal sound bubble. You listen to your favourite tunes, play loud computer games, watch a movie or get navigation directions in your car — all without disturbing those around you. That’s the possibility presented by “sound beaming,” a new futuristic audio technology from Noveto Systems, an Israeli... Read More

Stelco loses $88 million as prices fall and upgrade project stifles shipments

Stelco loses $88 million as prices fall and upgrade project stifles shipments
HAMILTON — Stelco Holdings says sales fell this summer after it shipped less steel at lower prices as it focused on an upgrade project. The Hamilton, Ont.-based company says it had revenue of $237 million in the third quarter, down 49 per cent from its revenue of $464 million during the same period last year. The steelmaker says it did... Read More

Calfrac Well Services cuts capital spending plan, reports $50M Q3 loss

Calfrac Well Services cuts capital spending plan, reports $50M Q3 loss
CALGARY — Calfrac Well Services Ltd. cut its capital budget as it reported a $50-million loss in its latest quarter. The company says its capital budget for this year has been reduced to $40 million from $55 million. Calfrac’s loss for the quarter amounted to 34 cents per diluted share compared with a loss of $29.4 million or 20 cents... Read More

Loblaw Companies raises quarterly dividend, beats Q3 profit expectations

Loblaw Companies raises quarterly dividend, beats Q3 profit expectations
BRAMPTON, Ont. — Loblaw Companies Ltd. raised its dividend as its third-quarter profit and sales climbed higher compared with a year ago and topped expectations. The grocery and drug store retailer says it will now pay a quarterly dividend of 33.5 cents per share, up from 31.5 cents per share. The increased payment came as Loblaw reported a profit attributable... Read More