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Maple Leaf Foods says pandemic costs will add up to $20 million to Q2 expenses

Maple Leaf Foods says pandemic costs will add up to $20 million to Q2 expenses

Maple Leaf Foods Inc.
Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged

Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged

CALGARY — Cenovus Energy Inc. reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.
Trump orders meat processing plants to remain open

Trump orders meat processing plants to remain open

WASHINGTON — President Donald Trump took executive action Tuesday to order meat processing plants to stay open amid concerns over growing coronavirus cases and the impact on the nation's food supply.
Ford burns up billions of dollars in 1Q, posts $2B net loss

Ford burns up billions of dollars in 1Q, posts $2B net loss

DETROIT — The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factories aren't restarted.
Forecasts show Alberta could begin reopening economy in May: Kenney

Forecasts show Alberta could begin reopening economy in May: Kenney

EDMONTON — Premier Jason Kenney says Alberta is doing better than expected on containing COVID-19 and the plan is to begin relaxing health lockdown rules next month.

With captive audience, cable news has big ratings in April

NEW YORK — Tucker Carlson, Joe Scarborough, Chris Cuomo, Bret Baier, Nicolle Wallace and Anderson Cooper have more in common than you think — at least this month.
Google's growth slows as pandemic infests advertising market

Google's growth slows as pandemic infests advertising market

BERKELEY, Calif. — Google reported its weakest revenue growth in nearly five years as the pandemic-driven recession began to shrivel its advertising sales in the first quarter.
Southwest posts 1st quarterly loss in almost a decade

Southwest posts 1st quarterly loss in almost a decade

DALLAS — Southwest Airlines posted its first quarterly loss in nearly a decade and said Tuesday that the downturn in air travel that began in late February shows no signs of letting up.
Vermilion Energy posts $1.3-billion loss on oil and gas assets writedown

Vermilion Energy posts $1.3-billion loss on oil and gas assets writedown

CALGARY — A $1.2-billion writedown in the value of its oil and gas assets around the world due to low global commodity prices resulted in a first-quarter net loss of $1.3 billion or $8.42 per share for Vermilion Energy Inc.
West Fraser Timber withdraws 2020 production outlook due to COVID-19

West Fraser Timber withdraws 2020 production outlook due to COVID-19

VANCOUVER — West Fraser Timber Co. Ltd. says it is withdrawing its production outlook for the year due to the uncertain impact of measures to cope with the COVID-19 pandemic.