Skip to content

National Business

Roche Canada creating software development hub for genomic data in Laval, Que.

LAVAL, Que. — Roche Diagnostics says it is creating a software development hub for genomic data in Quebec's third-largest city. The hub will be housed at Roche's Canadian head office in Laval, north of Montreal.
Robinhood agrees to pay $65 million to settle SEC charges

Robinhood agrees to pay $65 million to settle SEC charges

Robinhood Financial agreed to pay $65 million to settle government charges that it failed to disclose the full details of its dealings with high-speed traders and didn't get the best prices for customers trading on its app, the Securities and Exchang
UK extends salary support program to contain unemployment

UK extends salary support program to contain unemployment

LONDON — The British government on Thursday extended its salary support program by another month through to the end of April as it tries to keep a lid on unemployment as coronavirus restrictions slam businesses.

Volkswagen loses top EU court case in diesel scandal

BRUSSELS — The European Union's top court ruled on Thursday that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines.
Cancelled routes, pre-flight tests: COVID complicates holiday travel for sun seekers

Cancelled routes, pre-flight tests: COVID complicates holiday travel for sun seekers

MONTREAL — Tania Azevedo wasn’t sure if she would make it to Aruba after all. After Ontario’s lockdowns forced her to close her hair salon in Toronto, Azevedo decided to capitalize on the free time by visiting friends in the small island nation.
'Talk is cheap': How companies can act on diversity targets amid an economic crisis

'Talk is cheap': How companies can act on diversity targets amid an economic crisis

TORONTO — When Jaqui Parchment was climbing Canada's corporate ladder, she noticed office cliques formed around members of the same hockey team and frequently overheard senior consultants chattering about their next round of golf with important clien
As thousands of Canadians flock to day trading during lockdown, experts urge caution

As thousands of Canadians flock to day trading during lockdown, experts urge caution

TORONTO — Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading.
Amazon decreases shipping time to 3-5 days for Iqaluit users of Prime service

Amazon decreases shipping time to 3-5 days for Iqaluit users of Prime service

IQALUIT, Nunavut — Amazon.com Inc. is significantly slashing its shipping times for some customers in Nunavut.
Canadian Pacific Railway reaches deal with union representing signal maintainers

Canadian Pacific Railway reaches deal with union representing signal maintainers

CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union that represents 360 signal maintainers at the railway in Canada.
US jobless claims rise to 885,000 amid resurgence of virus

US jobless claims rise to 885,000 amid resurgence of virus

WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse.