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National Business

Anti-doping champion to captain University of Guelph sports business institute

The University of Guelph has launched a sports business institute to study the multibillion-dollar world of athletics, from sponsorships to social media.
Global markets sink again as tech and retail stocks drop

Global markets sink again as tech and retail stocks drop

NEW YORK — Stocks are skidding Tuesday as weak results from retailers and mounting losses for big technology companies push the market back into the red for the year. Energy companies are slumping because of a 5 per cent drop in the price of oil.
AltaGas appoints CEO to replace David Harris after sudden resignation in July

AltaGas appoints CEO to replace David Harris after sudden resignation in July

Calgary-based utility AltaGas Ltd. is appointing Randy Crawford as CEO four months after the sudden resignation of ex-CEO David Harris following an unspecified "complaint" to its board. In a news release, it says Crawford will take the reins on Dec.
Toronto stock market falls as oil prices and energy stocks move lower

Toronto stock market falls as oil prices and energy stocks move lower

TORONTO — Losses in the energy sector helped Canada's main stock index posted a triple-digit decline as U.S. markets also sank deep into the red in late-morning trading. The S&P/TSX composite index was down 154.50 points at 14,916.51.
May gets rebellion reprieve, but faces warning from allies

May gets rebellion reprieve, but faces warning from allies

LONDON — British Prime Minister Theresa May got a reprieve in one of her Brexit battles Tuesday as party rebels said they did not yet have the strength for a leadership challenge.
Guzzo Cinemas eyes expansion and possible Vancouver and Calgary theatre openings

Guzzo Cinemas eyes expansion and possible Vancouver and Calgary theatre openings

MONTREAL — Guzzo Cinemas is looking to expand beyond Quebec to other major Canadian cities. The Montreal-based cinema chain says it has been looking for opportunities in areas including Vancouver and Calgary.
George Weston slows transformation plan as sales fall at bakery division

George Weston slows transformation plan as sales fall at bakery division

George Weston Ltd. is slowing down its multi-year transformation plan after its bakery business continued to disappoint, with falling sales in the company's most recent quarter.
Martha Stewart's first Uber ride was 'a mess inside and out'

Martha Stewart's first Uber ride was 'a mess inside and out'

NEW YORK — Martha Stewart's first Uber ride was not a good thing. Stewart ordered the "most expensive version" Monday outside Tiffany's flagship store in New York City.
US home construction rose 1.5 per cent in October

US home construction rose 1.5 per cent in October

WASHINGTON — U.S. home construction improved a slight 1.5 per cent in October, but in a troubling sign, ground breakings for single-family houses fell.
Amazon HQ expansion means tough fight for talent

Amazon HQ expansion means tough fight for talent

NEW YORK — When tech giants like Amazon expand, other companies don't just worry about losing business. They also fret about hanging on to their employees. Some of the industries that have defined New York City and the Washington, D.C.