CBC | Business News

    Samsung poised to unveil new phones in bid to revive sales

    Samsung poised to unveil new phones in bid to revive sales


    Samsung is expected to show off its newest smartphones Wednesday, the latest effort by a phone maker to come up with new features compelling enough to end a sales...

    Samsung is expected to show off its newest smartphones Wednesday, the latest effort by a phone maker to come up with new features compelling enough to end a sales slump.

    U.S. oil company to sell oilsands assets and leave Canada

    U.S. oil company to sell oilsands assets and leave Canada


    Devon Energy will sell its facilities in Alberta before the end of the year after operating in the oilsands for more than a...

    Devon Energy will sell its facilities in Alberta before the end of the year after operating in the oilsands for more than a decade.

    CRTC report confirms some Canadian telecom companies use misleading sales tactics

    CRTC report confirms some Canadian telecom companies use misleading sales tactics


    The CRTC says an inquiry has confirmed allegations Canada's telecommunications industry used unacceptable sales practices that misled consumers and harmed vulnerable members of the...

    The CRTC says an inquiry has confirmed allegations Canada's telecommunications industry used unacceptable sales practices that misled consumers and harmed vulnerable members of the public.

    Banks set to reveal earnings amid wobbly housing market, interest rate uncertainty

    Banks set to reveal earnings amid wobbly housing market, interest rate uncertainty


    Canada's biggest banks are set to report on what has traditionally been the strongest quarter of the year, but market volatility and slower mortgage growth during the period could weigh on their latest...

    Canada's biggest banks are set to report on what has traditionally been the strongest quarter of the year, but market volatility and slower mortgage growth during the period could weigh on their latest results.

    Insta-worthy destinations: How businesses are creating experiences for the selfie fan

    Insta-worthy destinations: How businesses are creating experiences for the selfie fan


    A growing number of companies are building their business models around the selfie, attracting people with destinations that beg visitors to take out the phone and snap...

    A growing number of companies are building their business models around the selfie, attracting people with destinations that beg visitors to take out the phone and snap away.

    Why Rachel Notley's crude-by-rail plan is risky and possibly unnecessary

    Why Rachel Notley's crude-by-rail plan is risky and possibly unnecessary


    The Alberta government has once again intervened in the energy sector, signing contracts to spend $3.7 billion to ship more oil out of the province by rail, but industry experts say the plan is...

    The Alberta government has once again intervened in the energy sector, signing contracts to spend $3.7 billion to ship more oil out of the province by rail, but industry experts say the plan is risky.

    Quadriga dead or alive?  Law firm named after many jockey to represent cryptocurrency clients short millions

    Quadriga dead or alive? Law firm named after many jockey to represent cryptocurrency clients short millions


    A top Canadian law firm has beaten out several others that jockeyed to represent people with money tied up in a cryptocurrency exchange that became frozen after the mysterious death of its founder in...

    A top Canadian law firm has beaten out several others that jockeyed to represent people with money tied up in a cryptocurrency exchange that became frozen after the mysterious death of its founder in India.

    Case thrown out against former SNC-Lavalin exec

    Case thrown out against former SNC-Lavalin exec


    Stéphane Roy, a former vice-president of SNC-Lavalin, was facing charges of fraud and bribing a foreign public official in connection with the company's dealings with the regime of the late Libyan dictator, Moammar...

    Stéphane Roy, a former vice-president of SNC-Lavalin, was facing charges of fraud and bribing a foreign public official in connection with the company's dealings with the regime of the late Libyan dictator, Moammar Gadhafi.

    Dessau fined $1.9M to settle bid-rigging case in Quebec

    Dessau fined $1.9M to settle bid-rigging case in Quebec


    Defunct engineering firm Dessau will pay $1.9 million in a settlement over bid-rigging on public contracts in Quebec, says Canada's competition...

    Defunct engineering firm Dessau will pay $1.9 million in a settlement over bid-rigging on public contracts in Quebec, says Canada's competition watchdog.

    TransCanada restarts section of Keystone pipeline after Missouri leak

    TransCanada restarts section of Keystone pipeline after Missouri leak


    TransCanada Corp restarted a section of the Keystone oil pipeline on Tuesday, following a leak in Missouri earlier this month, company spokesman Terry Cunha...

    TransCanada Corp restarted a section of the Keystone oil pipeline on Tuesday, following a leak in Missouri earlier this month, company spokesman Terry Cunha said.

    Walmart sales rise 4.2% in U.S., 1.5% in Canada in 4th quarter

    Walmart sales rise 4.2% in U.S., 1.5% in Canada in 4th quarter


    Walmart defied a gloomy U.S. retail sales report for December, with sales up 4.2 per cent from a year earlier at its U.S. namesake stores in the fourth quarter. It said net sales in Canada increased 1.5 per cent in the fourth quarter compared to a year...

    Walmart defied a gloomy U.S. retail sales report for December, with sales up 4.2 per cent from a year earlier at its U.S. namesake stores in the fourth quarter. It said net sales in Canada increased 1.5 per cent in the fourth quarter compared to a year earlier.

    Alberta announces deal with CN, CP to ship crude by rail

    Alberta announces deal with CN, CP to ship crude by rail


    The Alberta government has signed contracts with Canadian National and Canadian Pacific to lease 4,400 rail cars to take oilsands crude to American and international...

    The Alberta government has signed contracts with Canadian National and Canadian Pacific to lease 4,400 rail cars to take oilsands crude to American and international markets.

    U.S. and China trade talks restart as major players come to the table

    U.S. and China trade talks restart as major players come to the table


    The United States and China resume talks Tuesday aimed at ending a fight over Beijing's technology ambitions ahead of a deadline for a massive U.S. tariff...

    The United States and China resume talks Tuesday aimed at ending a fight over Beijing's technology ambitions ahead of a deadline for a massive U.S. tariff hike.

    First Nation 'deeply disappointed' after Steelhead LNG pulls out of Vancouver Island project

    First Nation 'deeply disappointed' after Steelhead LNG pulls out of Vancouver Island project


    A Vancouver Island First Nation says it is "deeply disappointed" that a Vancouver-based liquefied natural gas company has pulled out of a planned LNG development just months after it was announced as a major...

    A Vancouver Island First Nation says it is "deeply disappointed" that a Vancouver-based liquefied natural gas company has pulled out of a planned LNG development just months after it was announced as a major milestone.

    B.C. posts balanced budget, pledges more money for low-income families

    B.C. posts balanced budget, pledges more money for low-income families


    New subsidies for families and the elimination of interest on students loans were the big announcements in what was primarily a status-quo budget delivered by the B.C. government on...

    New subsidies for families and the elimination of interest on students loans were the big announcements in what was primarily a status-quo budget delivered by the B.C. government on Tuesday.

    Trump's climate policy may have ceded Democrats a winning issue: Don Pittis

    Trump's climate policy may have ceded Democrats a winning issue: Don Pittis


    Climate change should not be a left-right issue, but by refusing to tackle the issue, the U.S. president has given the Democrats plenty of room to...

    Climate change should not be a left-right issue, but by refusing to tackle the issue, the U.S. president has given the Democrats plenty of room to manoeuvre.

    Honda to shut U.K. plant ahead of schedule amid Brexit uncertainty

    Honda to shut U.K. plant ahead of schedule amid Brexit uncertainty


    Japanese carmaker Honda is set to announce the closure of its Swindon car plant putting 3,500 jobs at risk, Sky News reported on...

    Japanese carmaker Honda is set to announce the closure of its Swindon car plant putting 3,500 jobs at risk, Sky News reported on Monday.