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National Business
National Business
General Motors sets goal of going largely electric by 2035
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.
Jan 28, 2021 11:28 AM
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Rogers Communications refrains from 2021 guidance on continuing impact of COVID-19
TORONTO — Rogers Communications Inc.'s isn't providing financial guidance for 2021 amid ongoing uncertainty about COVID-19, which had a big impact last year including its fourth-quarter results released Thursday.
Jan 28, 2021 11:23 AM
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Cenovus unveils capital spending plan, confirms up to 2,150 layoffs still targeted
CALGARY — Most of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.'s takeover of rival Husky Energy Inc.
Jan 28, 2021 10:36 AM
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Amazon asks for block on shareholder hate speech proposal
Seattle-based Amazon.com, Inc. has asked federal regulators to block multiple shareholder proposals addressing criticism of company stances on curbing hate speech, diversity in hiring, workplace conditions and surveillance technologies.
Jan 28, 2021 9:30 AM
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US economy shrank 3.5% in 2020 after growing 4% last quarter
WASHINGTON — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Jan 28, 2021 9:26 AM
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Canadian drilling forecast rises on bump in commodity price expectations
CALGARY — The association representing oilfield service companies is boosting its 2021 drilling forecast by 29 per cent thanks to a stronger commodity price outlook.
Jan 28, 2021 9:14 AM
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CMHC: Rental vacancies, prices edged up as COVID-19 spread across Canada
TORONTO — More rental properties sat empty in 2020, especially in the Greater Toronto Area where the vacancy rate hit a 14-year high, said Canada Mortgage and Housing Corp.
Jan 28, 2021 9:01 AM
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U.S. whiskey bolstered by liquor store sales in 2020
LOUISVILLE, Ky. — American whiskey absorbed some setbacks but showed resilience in the face of pandemic-related clampdowns on bars and restaurants as liquor sales benefited from enduring demand for a good stiff drink.
Jan 28, 2021 8:32 AM
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Panel overturns 4 Facebook content takedowns in first ruling
LONDON — Facebook’s quasi-independent oversight board issued its first rulings on Thursday, overturning four out of five decisions by the social network to take down questionable content.
Jan 28, 2021 8:31 AM
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New home sales rise in December after sharp November drop
SILVER SPRING, Md. — Sales of new homes rose 1.6% in December after a big decline in November that was even worse than previously thought.
Jan 28, 2021 7:35 AM
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