Business

Stocks plunge as Wall Street, White House see recession risk

NEW YORK — The U.S. stock market plunged to its worst day…

Court approves PG&E’s $23B bankruptcy financing package

BERKELEY, Calif. — Pacific Gas & Electric on Monday won court approval…

Tim Hortons moving to take-out, drive-thru and delivery only starting Tuesday

Tim Hortons moving to take-out, drive-thru and delivery only starting Tuesday TORONTO…

Energy shares continue falling as more firms cut capital budgets and dividends

Energy shares continue falling as more firms cut capital budgets and dividends…

Air Canada halves capacity, withdraws guidance amid ‘severe drop in traffic’

MONTREAL — Air Canada is halving its seat capacity in the second…

Federal bureaucrats cautious about network overload as remote work increases

TORONTO — Federal government managers and employees have been advised to take…

Gift card purchases could help small businesses cope with COVID-19: experts

TORONTO — As a novel coronavirus outbreak spreads across the country, Canadians…

CREA reports home sales up in February, average price climbs higher

OTTAWA — Home sales in February were up sharply compared with February…

Spring breakup slowdown offers needed pause for hard-hit drilling industry

CALGARY — It’s a “glass half-full” way of looking at a crisis…

France fines Apple $1.2 billion for anti-competitive acts

PARIS — French regulators fined Apple 1.1 billion euros ($1.2 billion) on…

  • Mar 16, 2020

Cheap fares luring travellers to fly despite pandemic

With the coronavirus pandemic escalating in the U.S. and overseas, Dylcia McBlackwell…

Global economic co-ordination lacking in virus crisis

FRANKFURT — With the global economy melting down after the failure of…

Economists predict recession coming due to COVID-19 and plunge in oil prices

TORONTO — A recession is coming later this year as the economy…

Retired or nearly there? How to weather a market downturn

A bad stock market is unsettling for any investor. For retirees and…

Delta slashes flights by 40% as virus cripples global travel

Delta Air Lines will cut passenger-carrying capacity by 40% to deal with…

Bank of Canada cuts rate target to 0.75 per cent in response to COVID-19

OTTAWA — Canada’s central bank cut another half-point off its key interest…

WestJet flight attendants anticipate sweeping layoffs due to COVID-19

The union representing WestJet flight attendants is expecting layoffs of up to…

Bare store shelves, long lines at grocers amid coronavirus stockpiling

When Harmony Samra went to her local No Frills Thursday afternoon in…

Pandemic seizes control of daily life, roils world markets

Many public spaces are empty

  • Mar 13, 2020