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Updated: 1 hour 34 sec ago

Federal government blocks sale of construction giant Aecon to Chinese interests

3 hours 46 min ago

The federal government has blocked the sale of Canadian construction company Aecon Group Inc. to Chinese interests, Innovation Minister Navdeep Bains' office has confirmed. The controversial deal between Aecon and CCCI would have been worth $1.5 billion.

Uber puts brakes on self-driving car operation in Arizona

7 hours 52 min ago

Uber is ending its operation of self-driving cars in Arizona more than two months after a woman was struck and killed by one of its vehicles.

Tim Hortons sees ranking slip on annual list of brand reputations

8 hours 57 min ago

A number of Canadian retailers have seen their reputations improve his year, while a well known coffee and doughnut chain declined, according to an annual ranking published Wednesday.

Trump teases 'big news' for U.S. auto workers, offers no details

11 hours 10 min ago

U.S. President Donald Trump, who has repeatedly pledged to revive American manufacturing, on Wednesday said "big news" was coming that would be welcomed by U.S. autoworkers but he gave no details.

OPEC threatens to turn on the taps as WTI briefly touches $72 a barrel

12 hours 40 min ago

The price of the North American oil benchmark briefly touched $72 US a barrel late Tuesday despite the OPEC oil cartel publicly mulling boosting supply as soon as next month.

No suitors step up for stake in pipeline as Kinder Morgan deadline looms

13 hours 6 min ago

Just over a week remains until the May 31 deadline for abandoning Kinder Morgan Canada's Trans Mountain pipeline expansion, and no suitors have publicly emerged to step into the builder's shoes.

CIBC kicks off bank earnings week with 25% profit rise

13 hours 22 min ago

CIBC reported better-than-expected results for its second quarter with a nearly 25 per cent increase in net income compared with a year ago.

Not lovin' it: McDonald's sues over Happy Meal toy tax tally

14 hours 52 min ago

How do you tax a McDonald's Happy Meal toy? A B.C. Supreme Court lawsuit seeks an answer.

Looking for a better work experience, millennials may be saving the franchising model

17 hours 53 min ago

Growing numbers of millennials faced with precarious employment or wanting something other than a traditional nine-to-five job are turning to franchising.

If WestJet pilots go on strike, here's what you need to know

Tue, 05/22/2018 - 13:29

If your flight is grounded by a WestJet pilots' strike, you might be better off if you're flying outside Canada than in, an airline passenger advocate warns.

B.C. sues Alberta over turn-off-the-taps legislation

Tue, 05/22/2018 - 12:42

The B.C. government has filed a statement of claim in Alberta's Court of Queen's Bench over legislation that would allow Alberta to restrict oil and gas shipments to B.C.

Facebook's Mark Zuckerberg apologizes to EU lawmakers over data leak

Tue, 05/22/2018 - 10:23

Facebook boss Mark Zuckerberg apologized to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network.

WestJet and pilots resume contract negotiations in Calgary

Tue, 05/22/2018 - 09:43

WestJet Airlines Ltd. says contract negotiations with its pilots resumed Monday in Calgary.

The New York Stock Exchange just named its first female president in its 226-year history

Tue, 05/22/2018 - 09:37

The New York Stock Exchange for the first time in its 226-year history will be led by a woman as Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board.

Ex-Valeant, Philidor executives convicted of kickback scheme

Tue, 05/22/2018 - 09:27

A former Valeant Pharmaceuticals International Inc executive and the former chief of mail order pharmacy Philidor Rx Services were found guilty on Tuesday of defrauding Valeant through a multimillion-dollar kickback scheme.

Tesla's Musk admits Model 3 braking issue, promises fix

Tue, 05/22/2018 - 08:11

Tesla Inc. chief executive officer Elon Musk has sought to play down a report identifying "big flaws" in its Model 3 sedan, admitting there is a braking issue with the vehicle but saying it will be fixed with a software update within days.

Shopify shares down 6% as Adobe buys rival Magento

Tue, 05/22/2018 - 07:46

Shares in Canadian e-commerce software maker Shopify Inc fell around 6 per cent on Tuesday after Adobe Systems Inc. announced it was buying rival Magento Commerce.

U.S. slaps tariff of up to 256% on Vietnamese steel

Tue, 05/22/2018 - 06:11

The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel.

Crown seeking decade-long prison sentence for Knowledge House insiders

Tue, 05/22/2018 - 04:32

Two key players in a sophisticated multimillion-dollar stock market scheme to manipulate the share price of Knowledge House will be sentenced July 25.

Artificial intelligence will tell you what you want, and you will listen: Don Pittis

Tue, 05/22/2018 - 01:00

Are you willing to let a computer make big decisions for you? Even if your answer is no, tech giants and industry experts are betting that will change.

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