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National Business
National Business
Grocery co-ops an alternative to corporate grocers amid anger, mistrust: experts
These days, Bruce Woodrow gets most of his groceries at one of two places: Costco, and a small grocery co-operative nestled in an alley in the heart of Toronto.
May 3, 2024 4:00 AM
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Apple's quarterly iPhone sales plunge 10%, but stock price surges
Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence.
May 2, 2024 6:25 PM
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Aritzia's net income falls as the retailer works to set itself up for future growth
Aritzia Inc.'s net income fell by 58 per cent in its latest fiscal year, which the retailer's chief executive said was spent laying the groundwork for the business's rebound.
May 2, 2024 6:14 PM
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TMX Group earns $139.5 million in first quarter as revenues rise
TORONTO — TMX Group Inc. says it earned $139.5 million in its first quarter, up from $89 million a year earlier. The operator of the Toronto Stock Exchange says its revenues totalled $345.9 million in the quarter ended March 31, up from $299.
May 2, 2024 5:46 PM
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Financial, technology risks likely delayed Alberta carbon capture project: analysts
EDMONTON — A corporate decision to mothball Canada's largest carbon capture and storage plan is likely the result of financial uncertainty and technological risks, analysts suggest. Capital Power's decision not to pursue its $2.
May 2, 2024 5:32 PM
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Open Text Corp. earns US$98.3 million in third quarter as revenues rise 16 per cent
WATERLOO, ONT. — Open Text Corp. says it earned US$98.3 million, up from US$57.6 million a year earlier. The Waterloo, Ont.-based software company says its revenues totalled US$1.4 billion, up 16 per cent from US$1.
May 2, 2024 5:25 PM
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NFI Group shrinks net loss in Q1 as revenues rise to US$722.7 million
WINNIPEG — NFI Group Inc. reported a net loss of US$9.4 million in its first quarter, compared with a net loss of US$46 million a year earlier.
May 2, 2024 5:24 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,823.22, up 94.67 points): Enbridge Inc. (TSX:ENB). Energy. Up 84 cents, or 1.72 per cent, to $49.83 on 11.0 million shares.
May 2, 2024 5:02 PM
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S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs report
TORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.
May 2, 2024 4:43 PM
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Maple Leaf Foods swings back to Q1 profit as pork markets show signs of improvement
MISSISSAUGA, Ont. — Pork markets are showing signs of improvement, said Maple Leaf Foods Inc. chief executive Curtis Frank, helping the company achieve a profit in its first quarter compared with a year ago even as sales edged lower.
May 2, 2024 4:36 PM
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