Business - Page 6

S&P/TSX composite down in late-morning trading amid losses in energy and telecom

Business
TORONTO — Canada's main stock index was down in late-morning trading amid losses in the energy and telecommunication sectors, while U.S. stock markets were...

Small businesses worry they ‘will not qualify’ for tariff refunds. Here’s why

Business
Importers and their customs brokers started applying for tariff refunds through an online portal this week. PORTLAND, Ore. — The federal government has...

Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier

Business
Trump says he is weighing a taxpayer takeover of Spirit Airlines and would aim to resell the troubled carrier after oil prices drop. ...

Featured on ‘Portlandia,’ Slide Inn to shut down as longtime owners step away after 32 years in food industry

Business
Portland's Slide Inn, known for serving German dishes with vegan and gluten-free options will close May 10. PORTLAND, Ore. — A Portland restaurant...

McMenamins restores former hotel to serve as an extension of the Crystal Ballroom

Business
The former Taft Hotel will soon be transformed into a vibrant new hotel that will be an extension of the Crystal Ballroom and Hotel...

Smith Teamaker, Revant Optics seek tariff refunds

Business
For many small businesses, like Portland-based manufacturer Steven Smith Teamaker, Trump's tariffs were "debilitating." PORTLAND, Ore. — This story comes from the Portland...

Lululemon shares tumble 13% after former Nike exec named new CEO

Business
Lululemon Athletica Inc.'s share price fell more than 13 per cent a day after the retailer named a new CEO. The Vancouver-based company's shares...

B.C. energy regulator finds non-compliant black smoke flaring by LNG Canada

Business
LNG Canada has been ordered to identify the root causes of "black smoke flaring" from its facility in Kitimat, B.C., and implement measures to...

Surrey extortionists using transnational money laundering techniques: Fintrac

Business
A new analysis of extortion cases across Canada by the federal government’s money laundering watchdog confirmed Indian nationals on international student visas play a key...

Nike to lay off 1,400 workers as aggressive restructuring continues

Business
Many of those losing their jobs are technology workers in Nike’s operations department, according to the Oregonian, which broke the story. BEAVERTON, Ore....

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