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Liberals to 'accelerate' spending of $1-billion fund for rural internet backbone

Liberals to 'accelerate' spending of $1-billion fund for rural internet backbone

TORONTO — The Trudeau government's plan to shepherd the economy safely past the COVID crisis includes its long-standing promise to make sure all parts of Canada have access to high-speed internet. The throne speech read Wednesday by Gov.

California moves to end sales of new gas-powered cars

SACRAMENTO, Calif. — California will halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state.
Ont. Indigo bookstore workers vote to unionize, a month after retailer reports losses

Ont. Indigo bookstore workers vote to unionize, a month after retailer reports losses

TORONTO — Workers at an Indigo Books and Music Inc. location in Mississauga, Ont., have voted in favour of unionization.
Nuvei closes $833-million IPO, making history as TSX's largest tech sector IPO

Nuvei closes $833-million IPO, making history as TSX's largest tech sector IPO

Philip Fayer took little time to celebrate after his Montreal payments company Nuvei Corp. closed its $833-million initial public offering, the largest the Toronto Stock Exchange has ever seen in the technology sector.
With trick-or-treating in doubt, experts say Halloween sales could be weak

With trick-or-treating in doubt, experts say Halloween sales could be weak

HALIFAX — A Halloween night that falls on both a Saturday and a full moon would normally be ideal for candy, costume and decoration sales – and werewolves.
German Cabinet approves 2021 budget with high borrowing

German Cabinet approves 2021 budget with high borrowing

Germany's Cabinet on Wednesday approved a 2021 budget that foresees significant borrowing for the second consecutive year as Europe's biggest economy tries to lessen the fallout of the coronavirus crisis. The budget plan calls for spending of 413.
Fendi kicks off hybrid Milan Fashion Week with optimism

Fendi kicks off hybrid Milan Fashion Week with optimism

MILAN — The Italian fashion industry is moving to inject optimism into luxury’s dismal year, staging 23 live runway shows and 37 presentations during a hybrid live-digital Milan Fashion Week that aims to excite consumers and connect with the buying n
Fortis announces retirement of CEO, names successor, outlines 5-year spending plan

Fortis announces retirement of CEO, names successor, outlines 5-year spending plan

ST. JOHN'S, N.L. — Fortis Inc. has announced the coming retirement of CEO Barry Perry, who will be succeeded by David Hutchens effective Jan. 1.
Tesla CEO Elon Musk's next big bet rides on better batteries

Tesla CEO Elon Musk's next big bet rides on better batteries

SAN RAMON, Calif. — Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.
Aurora reports $3.3 billion loss for full year, $1.86 billion for Q4

Aurora reports $3.3 billion loss for full year, $1.86 billion for Q4

Miguel Martin has his work cut out for him just weeks into his new job as Aurora Cannabis Inc.'s chief executive. The Edmonton-based cannabis company reported Tuesday that it incurred $3.3 billion in losses in its 2020 fiscal year, including $1.