CBC | Business News

    Alberta Securities Commission panel denies order against short-seller Cohodes

    Alberta Securities Commission panel denies order against short-seller Cohodes


    The Alberta Securities Commission has rejected a requested order to prevent American short seller Marc Cohodes from trading shares in or providing misleading information about Calgary-based Badger Daylighting...

    The Alberta Securities Commission has rejected a requested order to prevent American short seller Marc Cohodes from trading shares in or providing misleading information about Calgary-based Badger Daylighting Ltd.

    Uber narrows quarterly loss as company polishes tarnished image

    Uber narrows quarterly loss as company polishes tarnished image


    Uber is still struggling to make money while the ride-hailing service's CEO deals with the headaches left behind by his...

    Uber is still struggling to make money while the ride-hailing service's CEO deals with the headaches left behind by his predecessor.

    U.S. SEC subpoenas Tesla over Musk's tweets: report

    U.S. SEC subpoenas Tesla over Musk's tweets: report


    The U.S. Securities and Exchange Commission has sent subpoenas to Tesla regarding chief executive Elon Musk's plans to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing...

    The U.S. Securities and Exchange Commission has sent subpoenas to Tesla regarding chief executive Elon Musk's plans to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources.

    Gun makers up in arms over Shopify's ban on certain firearms and accessories

    Gun makers up in arms over Shopify's ban on certain firearms and accessories


    A policy update that Shopify quietly posted this week shows merchants can no longer use the platform to sell automatic firearms that have not been rendered inoperable and semi-automatic firearms that have the capacity to accept a detachable...

    A policy update that Shopify quietly posted this week shows merchants can no longer use the platform to sell automatic firearms that have not been rendered inoperable and semi-automatic firearms that have the capacity to accept a detachable magazine.

    Metro faces supplier pressure, expects higher grocery prices in the future

    Metro faces supplier pressure, expects higher grocery prices in the future


    Canadian grocery giant Metro Inc. is already facing pressure from suppliers to accept higher prices in light of a recent tariff war with the United States and consumers should expect slightly higher food bills in the future, its CEO...

    Canadian grocery giant Metro Inc. is already facing pressure from suppliers to accept higher prices in light of a recent tariff war with the United States and consumers should expect slightly higher food bills in the future, its CEO says.

    Constellation Brands invests $5B in Canopy Growth

    Constellation Brands invests $5B in Canopy Growth


    Constellation Brands, a massive alcohol beverage company, is investing $5 billion into Smiths Falls, Ont.-based cannabis company Canopy...

    Constellation Brands, a massive alcohol beverage company, is investing $5 billion into Smiths Falls, Ont.-based cannabis company Canopy Growth.

    Turkey boosts tariffs on some U.S. products, more than doubling them on cars and alcohol

    Turkey boosts tariffs on some U.S. products, more than doubling them on cars and alcohol


    Turkey is boosting tariffs on imports of certain U.S. products, including rice, cars, alcohol and coal — escalating a feud with the United States that has helped trigger a currency...

    Turkey is boosting tariffs on imports of certain U.S. products, including rice, cars, alcohol and coal — escalating a feud with the United States that has helped trigger a currency crisis.

    Tesla forms three-member panel to decide on any Musk proposal

    Tesla forms three-member panel to decide on any Musk proposal


    Tesla Inc.'s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon...

    Tesla Inc.'s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.

    Ontario's private sector retail cannabis plan draws pot industry approval

    Ontario's private sector retail cannabis plan draws pot industry approval


    Several cannabis companies and business groups are applauding the Ontario government's new plan to add private retailers to its plans for the sale of recreational pot in the...

    Several cannabis companies and business groups are applauding the Ontario government's new plan to add private retailers to its plans for the sale of recreational pot in the province.

    Hydro One gets new board of directors after mass resignation

    Hydro One gets new board of directors after mass resignation


    A new board of directors has been appointed to Hydro One Ltd. just over a month after its chief executive retired and the entire board resigned en...

    A new board of directors has been appointed to Hydro One Ltd. just over a month after its chief executive retired and the entire board resigned en masse.

    Calgary, Vancouver and Toronto ranked in top 10 of world's most livable cities

    Calgary, Vancouver and Toronto ranked in top 10 of world's most livable cities


    Three Canadian cities have placed in the top 10 of a global ranking by the Economist Intelligence Unit of the world's most livable cities, with Vienna dethroning perennial favourite Melbourne for the first...

    Three Canadian cities have placed in the top 10 of a global ranking by the Economist Intelligence Unit of the world's most livable cities, with Vienna dethroning perennial favourite Melbourne for the first spot.

    Morneau ready to use 'emergency' measure to protect steel sector

    Morneau ready to use 'emergency' measure to protect steel sector


    Bill Morneau is preparing to use emergency safeguard measures for the first time to respond to the risk of a surge in cheap foreign steel imports. The finance minister launched a short public consultation process Tuesday, as U.S. steel tariffs continue...

    Bill Morneau is preparing to use emergency safeguard measures for the first time to respond to the risk of a surge in cheap foreign steel imports. The finance minister launched a short public consultation process Tuesday, as U.S. steel tariffs continue to disrupt and divert global steel shipments.

    Bayer shares plunge after Roundup hit with $289M lawsuit over cancer link

    Bayer shares plunge after Roundup hit with $289M lawsuit over cancer link


    Bayer shares plunged as much as 14 per cent on Monday, losing about $14 billion in value, after newly acquired Monsanto was ordered to pay $289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller...

    Bayer shares plunged as much as 14 per cent on Monday, losing about $14 billion in value, after newly acquired Monsanto was ordered to pay $289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer.

    Ensign Energy Services makes $470M hostile takeover offer for Trinidad Drilling

    Ensign Energy Services makes $470M hostile takeover offer for Trinidad Drilling


    Shares in Calgary-based Trinidad Drilling Ltd. leaped by almost 15 per cent Monday morning after cross-town rival Ensign Energy Services Inc. announced it would make a hostile $470-million cash takeover...

    Shares in Calgary-based Trinidad Drilling Ltd. leaped by almost 15 per cent Monday morning after cross-town rival Ensign Energy Services Inc. announced it would make a hostile $470-million cash takeover bid.

    Elon Musk says talking to Saudi fund, others on Tesla buyout

    Elon Musk says talking to Saudi fund, others on Tesla buyout


    Tesla Inc. chief executive Elon Musk explains what he meant by tweeting "funding secured" to take his company private: He is confident a deal can be done but has not yet finalized a...

    Tesla Inc. chief executive Elon Musk explains what he meant by tweeting "funding secured" to take his company private: He is confident a deal can be done but has not yet finalized a plan.

    Turkish lira loses another 7% as economic crisis deepens

    Turkish lira loses another 7% as economic crisis deepens


    Turkey's central bank announces a series of measures to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies, and a trade and diplomatic dispute with the United...

    Turkey's central bank announces a series of measures to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies, and a trade and diplomatic dispute with the United States.