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Updated: 1 hour 52 min ago

Almost 29 million people signed up for Disney+, company earnings reveal

Wed, 02/05/2020 - 07:40

Disney said its Disney Plus streaming service reached nearly 29 million paid subscribers in less than three months, an impressive start for what the company has positioned as its future as more people drop cable subscriptions.

'Grocery delivery wars' expected to create boom in online food shopping

Wed, 02/05/2020 - 04:00

Grocery store deliveries offer consumers convenience, and there is a race among stores for who will provide the ultimate experience.

What the Trans Mountain decision means for Alberta's oilpatch

Wed, 02/05/2020 - 04:00

Federal Court of Appeal decision spurs oilpatch hopes the news will help raise confidence in Western Canada's oil and gas sector.

'Master of narrative' Trump tells voters his story about the U.S. economy

Wed, 02/05/2020 - 01:00

U.S. President Donald Trump is trying to shift focus from impeachment to the economy. While not everyone has experienced gains under the Trump administration's policies, he has a persuasive story to tell voters about the overall strength of the economy.

What you need to know about the Coastal GasLink pipeline conflict

Wed, 02/05/2020 - 01:00

The conflict over a natural gas pipeline in northwestern British Columbia is the latest flashpoint between resource development and Indigenous rights and title in a province where large swaths of territory are not covered by any treaty.  

Clients invested thousands in this Calgary firm but there's a hitch — it doesn't exist

Wed, 02/05/2020 - 01:00

A group of South African investors say they're out hundreds of thousands of dollars after investing in what they believed was a Calgary company — that doesn't seem to exist.

Mediators walk away from negotiations in 7-month-long Western Forest Products strike

Tue, 02/04/2020 - 20:22

There’s been another setback in the seven-month strike at Western Forest Products, after two independent mediators announced their withdrawal from negotiations.

Twitter to label deepfakes and other deceptive media ahead of 2020 U.S. election

Tue, 02/04/2020 - 15:16

Twitter said on Tuesday it would start applying a label to tweets containing synthetic or deceptively edited forms of media, as social media platforms brace for a potential onslaught of misinformation ahead of the 2020 presidential election.

Bombardier should look to sell either train or jet unit to deal with debt: Quebec economy minister

Tue, 02/04/2020 - 13:56

Pierre Fitzgibbon responded to a Wall Street Journal report that said the transportation company, headquartered in Montreal, is in talks with U.S.-based Textron Inc., about selling its business-jet division.

NYSE owner reportedly bids to buy eBay for $30B

Tue, 02/04/2020 - 12:47

The owner of the New York Stock Exchange has made an offer to buy online marketplace eBay Inc., the Wall Street Journal reported Tuesday.

'It reminds me of the dot-com boom': Tesla shares soar 40% in 2 days as euphoria sets in

Tue, 02/04/2020 - 11:07

Tesla shares are soaring for the second day in a row after the electric car maker sold more vehicles than analysts thought it would, prompting investors to pour money into the stock at a record pace and send short sellers running for the exits.

U.S. targets currency manipulators with new anti-dumping and countervailing duty rules

Tue, 02/04/2020 - 07:24

The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.

Site C dam's main builder fined almost $1M for 'high risk' worker safety violations

Tue, 02/04/2020 - 04:00

The violations include a worker shocked with 1,000 volts of electricity, and the possible exposure of workers to dangerous silica dust.

In a major victory for Trans Mountain, Federal Court dismisses Indigenous appeal of project's approval

Mon, 02/03/2020 - 17:19

The Federal Court of Appeal has dismissed an appeal by Indigenous groups challenging the federal government’s approval of the Trans Mountain expansion project — clearing yet another major legal hurdle for the long-delayed $7.4 billion project.

Enbridge's Line 3 pipeline clears hurdle as Minnesota regulators approve environmental review

Mon, 02/03/2020 - 12:51

Minnesota utility regulators on Monday approved a revised environmental review for Calgary-based Enbridge Energy's plan to replace its aging Line 3 crude oil pipeline across the state.

Price of oil dips below $50 for first time in more than a year

Mon, 02/03/2020 - 10:36

The price for a barrel of oil dipped below $50 US a barrel for the first time since January 2019 on Monday. The coronavirus that has emerged from China is causing traders to fear for the impact on the economy.

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