Skip to content

National Business

Recalled plant-based milk brands must rebuild trust by apologizing: marketers

Recalled plant-based milk brands must rebuild trust by apologizing: marketers

TORONTO — Marketing experts say two brands that recently had to recall plant-based milk contaminated with Listeria can come back from the deadly outbreak, but they must move quickly to regain consumer trust.
Read more >
S&P/TSX composite index moves lower Friday, U.S. markets also down amid global outage

S&P/TSX composite index moves lower Friday, U.S. markets also down amid global outage

TORONTO — Canada's main stock index moved lower on Friday, as companies and organizations around the world grappled with outages stemming from a faulty CrowdStrike software update, while U.S. stock markets also fell.
Read more >
Stock market today: Wall Street finishes worst week since April with more losses

Stock market today: Wall Street finishes worst week since April with more losses

NEW YORK (AP) — U.S. stocks slumped Friday in another washout, as businesses around the world scrambled to contain the effects of a disruptive technology outage . The S&P 500 fell 0.
Read more >
A massive tech outage is causing worldwide disruptions. Here's what we know

A massive tech outage is causing worldwide disruptions. Here's what we know

NEW YORK (AP) — Much of the world faced online disarray Friday as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off air.
Read more >
Global CrowdStrike disruption brings to mind lessons from 2022 Rogers outage

Global CrowdStrike disruption brings to mind lessons from 2022 Rogers outage

TORONTO — Canadians who woke up Friday to a worldwide technology outage that disrupted airlines, hospitals and banks may be thinking back to a widespread telecom outage from two years ago. The July 2022 outage of Rogers Communications Inc.
Read more >
Grocery code could spur investment, stabilize prices: Kraft Heinz Canada president

Grocery code could spur investment, stabilize prices: Kraft Heinz Canada president

TORONTO — A grocery code of conduct could stabilize food prices in the future and encourage more investment in the Canadian food industry, according to the president of Kraft Heinz Canada.
Read more >
Risk-averse organizations chose CrowdStrike for cybersecurity. Now its software is causing chaos

Risk-averse organizations chose CrowdStrike for cybersecurity. Now its software is causing chaos

Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches.
Read more >
Russia convicts US journalist of spying in a trial widely seen as politically motivated

Russia convicts US journalist of spying in a trial widely seen as politically motivated

YEKATERINBURG, Russia (AP) — Wall Street Journal reporter Evan Gershkovich was convicted Friday of espionage and sentenced to 16 years in a maximum-security prison on charges that his employer and the U.S. government have rejected as fabricated.
Read more >
Retail sales down 0.8% in May as consumers reined in spending

Retail sales down 0.8% in May as consumers reined in spending

OTTAWA — Canadians reined in their spending in May as retail sales dropped 0.8 per cent, weighed down by decreases at grocers and alcoholic beverage retailers, Statistics Canada reported on Friday.
Read more >
Retail sales down 0.8 per cent in May led by decreases at food and beverage retailers

Retail sales down 0.8 per cent in May led by decreases at food and beverage retailers

OTTAWA — Statistics Canada says retail sales fell 0.8 per cent to $66.1 billion in May, weighed down by decreases at grocers and alcoholic beverage retailers. The agency says sales were down in eight of the nine subsectors it tracks led by the 1.
Read more >