Skip to content
20.2 °Cforecast >
Mostly Cloudy

National Business

Canopy Growth reports $21.1 million Q4 net loss as expenses rise sharply

SMITHS FALLS, Ont. — Canopy Growth Corp. (TSX:WEED) saw its fourth-quarter net loss quadruple to $21.1 million as expenses rose sharply.

Corus Entertainment reports $66.7 million profit for its third quarter

TORONTO — Corus Entertainment Inc. (TSX:CRJ.B) had a $66.7-million profit in its third quarter, as last year's acquisition of the Global TV network and a host of specialty channels helped boost revenue. The Toronto-based company had $461.
CNN accepts resignations of 3 involved in retracted story

CNN accepts resignations of 3 involved in retracted story

NEW YORK — CNN accepted the resignations Monday of three journalists involved in a retracted story about a supposed investigation into a pre-inaugural meeting between an associate of President Donald Trump and the head of a Russian investment fund.
Mongolia's presidential election tightens, runoff likely

Mongolia's presidential election tightens, runoff likely

ULAANBAATAR, Mongolia — Mongolia's presidential election appeared headed for a runoff with the latest vote count early Tuesday showing a business tycoon leading the ruling party's candidate and a nationalist wanting the country to benefit more from i
'Like bombs': Bankrupt company's air bags still out there

'Like bombs': Bankrupt company's air bags still out there

Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world.
Ex-CEO's reputation precedes him, affects jury selection

Ex-CEO's reputation precedes him, affects jury selection

NEW YORK — Several potential jurors at the federal securities fraud trial of Martin "Pharma Bro" Shkreli were excused on Monday after telling the judge they couldn't be impartial toward the flamboyant former pharmaceutical CEO because of his notoriet

Family of slain Chicago area Uber driver sues Walmart

CHICAGO — Relatives of a suburban Chicago Uber driver who was fatally attacked while on the job has sued Walmart, where authorities say the driver's teenage attacker stole weapons just before the killing.

Senate Democrats: Boost domestic spending, not just defence

WASHINGTON — Senate Democrats, whose support is needed to pass more than $1 trillion worth of Cabinet department budgets, are demanding that domestic agencies receive budget increases, not just the Pentagon. Senate Minority Leader Chuck Schumer, D-N.
Jury pick starts in UN-bribery trial of Chinese billionaire

Jury pick starts in UN-bribery trial of Chinese billionaire

NEW YORK — Jury selection began Monday in the New York criminal trial of a Chinese billionaire charged with trying to bribe United Nations diplomats to ease approval of a U.N. conference centre .
Pharmacy boss blamed for meningitis outbreak gets 9 years

Pharmacy boss blamed for meningitis outbreak gets 9 years

BOSTON — The co-owner of a pharmacy responsible for the deaths of 76 people was sentenced Monday to nine years in prison after he tearfully apologized to victims who described watching their loved ones die or enduring excruciating physical pain from