Skip to content

National Business

Politics, student poverty hampering New Brunswick schools auditor says

Politics, student poverty hampering New Brunswick schools auditor says

FREDERICTON — New Brunswick's auditor general says the province's education system has been hampered by political interference and the challenges faced by students living in poverty.
Airbus starts work on A220 assembly line six months after Bombardier sold jet

Airbus starts work on A220 assembly line six months after Bombardier sold jet

MONTREAL — Airbus SE broke ground Wednesday on the A220 aircraft assembly line at its facility in Mobile, Ala., the first step in a US$300-million construction project paid for by Bombardier Inc.

Hudbay Minerals investor pushing for leadership change in proxy fight

TORONTO — A Hudbay Minerals Inc. investor has released a proposed slate of candidates as it looks to oust the current board of directors in a proxy fight. Waterton Global Resource Management, Inc., which holds about 11.
Sears staves off liquidation, stores to remain open

Sears staves off liquidation, stores to remain open

NEW YORK — Sears will live on— at least for now. The company's chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation of the iconic chain, according to a source familiar with the negotiations.

Razor burn: Gillette ad stirs online uproar

NEW YORK — A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash, with accusations that it talks down to men and groups calling for a boycott. But Gillette says it doesn't mind sparking a discussion.

EU Brexit negotiator fears disorderly Brexit more than ever

STRASBOURG, France — European Union Brexit negotiator Michel Barnier says the bloc is stepping up preparations for a chaotic no-deal departure of Britain from the bloc after the rejection of the draft withdrawal deal in London left the EU "fearing mo
Huawei founder says company would not share user secrets

Huawei founder says company would not share user secrets

SHENZHEN, China — The founder of China's Huawei, the world's biggest supplier of network gear to phone and internet companies, says his company would not share secrets about its customers and their communication networks.
The IRS is recalling 46,000 workers to handle tax returns

The IRS is recalling 46,000 workers to handle tax returns

WASHINGTON — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 per cent of its workforce — to handle tax returns and pay out refunds.
Football rules ratings, but 'Big Bang Theory' energized

Football rules ratings, but 'Big Bang Theory' energized

LOS ANGELES — "The Big Bang Theory" is starting to pick up ratings steam in the final stretch of its 12-year run.
Netflix raising prices for 58M US subscribers as costs rise

Netflix raising prices for 58M US subscribers as costs rise

SAN FRANCISCO — Netflix is raising its U.S. prices by 13 to 18 per cent , its biggest increase since the company launched its video streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11.