November 20th, 2017

Business

Uber whistleblower Susan Fowler has a book deal

By The Associated Press on November 9th, 2017

NEW YORK – The former Uber employee whose revelations of harassment helped lead to the ouster of the company’s CEO has a book deal. Viking told The Associated Press on Thursday that it had acquired a memoir by Susan Fowler. The book is currently untitled and a release date has not yet been determined. Fowler ... Read More »

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Magna International reports US$503M Q3 profit, sales up seven per cent

By The Canadian Press on November 9th, 2017

AURORA, Ont. – Magna International Inc. earned US$503 million in its third-quarter as its sales climbed seven per cent. The Ontario-based auto parts company, which keeps its books in U.S. dollars, says the profit amounted to US$1.36 per diluted share for the quarter ended Sept. 30. That compared with a profit of $503 million or ... Read More »

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Canada Goose Q2 profit up from year ago, full-year outlook raised

By The Canadian Press on November 9th, 2017

TORONTO – Canada Goose Holdings Inc. raised its outlook on Thursday as it reported double-digit improvements to its second-quarter profit and revenue compared with a year ago. The Toronto-based maker of high-end parkas (TSX:GOOS) says it earned $37.1 million for the three months ended Sept. 30. That’s up 85.5 per cent from $20 million in ... Read More »

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Applications for US unemployment benefits edge up by 10,000

By Martin Crutsinger, The Associated Press on November 9th, 2017

WASHINGTON – The number of Americans filing applications for unemployment benefits edged up slightly to a still-low 239,000 last week. Meanwhile, the four-week average fell to a fresh 44-year low, evidence that the job market remains healthy. The Labor Department says that applications for jobless aid rose by a seasonally adjusted 10,000 last week after ... Read More »

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Pacific Rim trade talks weigh pluses, costs of open markets

By Tran Van Minh And Elaine Kurtenbach, The Associated Press on November 9th, 2017

DANANG, Vietnam – Talks aimed at salvaging a Pacific Rim trade pact rejected by U.S. President Donald Trump continued Thursday on the sidelines of a regional summit, but prospects for an agreement remain uncertain. The negotiations on the Trans-Pacific Partnership are being held in Danang, Vietnam, alongside meetings of the 21-member Asia-Pacific Economic Cooperation forum, ... Read More »

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TransCanada reports $612-million Q3 profit, up from loss a year ago

By The Canadian Press on November 9th, 2017

CALGARY – TransCanada Corp. earned $612 million in its latest quarter compared with a loss a year ago. The pipeline company (TSX:TRP) says the profit amounted to 70 cents per share for the quarter ended Sept. 30. That compared with a loss of $135 million or 17 cents per share a year ago. Revenue fell ... Read More »

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Quebecor third-quarter profit boosted by wireless spectrum sale to Shaw

By The Canadian Press on November 9th, 2017

MONTREAL – Quebecor Inc. reported a $171.9-million profit attributable to shareholders for the third quarter, boosted by the sale of wireless spectrum licences to Shaw Communications Inc. The media and telecommunications company (TSX:QBR.B) says the profit amounted to $1.42 per share for the quarter. That compared with a loss attributable to shareholders of $8.3 million ... Read More »

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Trudeau set to meet Myanmar leader Suu Kyi at APEC summit in Vietnam

By Andy Blatchford, The Canadian Press on November 9th, 2017

HO CHI MINH CITY, Vietnam – Prime Minister Justin Trudeau is scheduled to hold a bilateral meeting with Myanmar leader Aung San Suu Kyi on Friday at the Asia-Pacific Economic Co-operation summit in Vietnam. Suu Kyi is an honorary Canadian citizen and Nobel laureate who has faced widespread international criticism for not speaking out against ... Read More »

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NewsAlert:Trudeau set to meet Myanmar leader Suu Kyi at APEC summit in Vietnam

By Andy Blatchford, The Canadian Press on November 9th, 2017

HO CHI MINH CITY, Vietnam – Prime Minister Justin Trudeau is scheduled to hold a bilateral meeting with Myanmar leader Aung San Suu Kyi on Friday at the Asia-Pacific Economic Co-operation summit in Vietnam. Suu Kyi is an honorary Canadian citizen and Nobel laureate who has faced widespread international criticism for not speaking out against ... Read More »

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Canadian Tire reports sales up from year ago, raises quarterly dividend

By The Canadian Press on November 9th, 2017

TORONTO – Canadian Tire Corp. raised its quarterly dividend by 38 per cent as it reported its third-quarter profit edged higher. The retailer says it will begin paying a quarterly dividend of 90 cents per share next year, up from 65 cents per share. The company made the move as it reported a profit attributable ... Read More »

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Telus raising quarterly dividend, third-quarter profit up from year ago

By The Canadian Press on November 9th, 2017

VANCOUVER – Telus Corp. raised its quarterly dividend as it reported its third-quarter profit was up compared with a year ago. The telecommunications company (TSX:T) says it will now pay a quarterly dividend of 50.5 cents per share, up from 49.25 cents per share. The increase came as Telus says it earned a profit of ... Read More »

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