Business

Pfizer posts 4Q loss, misses Street views, on lower revenue

January 28, 2020

Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a miss of Wall Street's profit expectations.The ...

Bad timing: New virus poses threat to fragile world economy

January 28, 2020

This should be peak season for a 12-room hotel near the train station in the Chinese industrial hub of Wuhan. The Chinese New Year usually brings in plenty of travellers and ...

CN Q4 earnings drop but CEO cautiously optimistic about second half of 2020

January 28, 2020

MONTREAL — Canadian National Railway Co. saw its profits plunge last quarter with a week-long strike and thinner freight demand denting revenues, though CEO JJ Ruest ...

Prince George chemicals plant to be sold to satisfy Competition Bureau merger ...

January 28, 2020

CALGARY — German specialty chemicals maker Evonik Industries AG has agreed to sell a plant in Prince George, B.C., to address Competition Bureau concerns about its proposed...

Calfrac Well Services reports fourth-quarter loss on lower revenue

January 28, 2020

CALGARY — One of Canada's largest oil and gas well completion companies is reporting a loss in the fourth quarter of 2019 as demand for its services remains at a low ...

Shopify plans to hire 1,000 workers, open Vancouver office by end of year

January 28, 2020

OTTAWA — Shopify Inc. is bulking up its presence and workforce on Canada's west coast with a plan to hire 1,000 people in Vancouver and open its first permanent office ...

Lowe's appoints transformation vice-president as new head of Canadian operations

January 28, 2020

BOUCHERVILLE, Que. — Lowe's Companies Inc. says it has appointed the head of its western region as president of its Canadian operations, which is shrinking with the closure ...

Detour-Kirkland Lake sale largest of three gold-mining deals approved Tuesday

January 28, 2020

Canadian gold-mining shareholders lined up on Tuesday to endorse three ownership change transactions. In the largest deal, investors approved the sale of Detour Gold Corp...

Canadian companies feel impact of coronavirus as it strikes across sectors

January 28, 2020

MONTREAL — Canadian companies are starting to feel the pinch of the deadly coronavirus epidemic as they call off trips and watch their stock values slide.The S&P/TSX ...

Majority of Canadian boards had no female members in 2016 and 2017: StatCan

January 28, 2020

About 60 per cent of Canadian boards were composed entirely of men in 2016 and 2017, but experts say regulations that took effect on Jan. 1 should go a long way to shrinking ...

Superior Plus to keep specialty chemicals business after strategic review

January 28, 2020

TORONTO — Superior Plus Corp. has decided to not sell its specialty chemicals business following a strategic review of the operations.The company says the review involved an ...

Orders for US durable goods advance 2.4% in December

January 28, 2020

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial ...

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Ensign, Precision, Nabors, Akita delist rigs

January 14, 2020

Saskatchewan’s drilling rigs are back at work for the busy season

January 6, 2020

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There’s a farm stress line. Where’s the number for the oilpatch?

January 27, 2020

Estevan –“Farmers have the farm stress line to call. Where’s the number to call for the oilpatch?” That’s a question that was raised to Pipeline Newsin December. For some...

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Column: I hate #BellLetsTalk. But some people really do need to talk

January 27, 2020

Jan. 29 is Bell’s Let’s Talk Day. It’s the day when one of the largest companies in Canada encourages the nation to speak about mental health. More and more companies, ...