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Molson Coors set to reinstate dividend despite drop in first-quarter sales
MONTREAL — Molson Coors Beverage Co. said it expects to be in a position to reinstate its dividend in the second half of this year after its first-quarter profit beat expectations even as its revenue dropped nearly 10 per cent from a year ago.
Apr 29, 2021 10:51 AM
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Airbnb sees promise in rural Canada as company slowly rebuilds from pandemic lull
When the COVID-19 pandemic swept across the world last year, Airbnb CEO Brian Chesky watched business shrivel up at record speed and his company's phonelines flood with cancellations, eventually leading him to lay off 1,900 workers.
Apr 29, 2021 10:35 AM
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Bell Canada network investments make it able to compete with Rogers, Starlink: CEO
TORONTO — BCE's Bell Canada is well-positioned to compete with longtime rival Rogers Communications Inc. or a new challenge from Elon Musk's Starlink satellite internet service, the CEO of Canada's largest telecom and media said Thursday.
Apr 29, 2021 10:29 AM
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GM: Software, new battery parts will solve Bolt fire issues
DETROIT — Engineers at General Motors have figured out how to fix a battery problem with the Chevrolet Bolt electric hatchback that caused five of them to catch fire.
Apr 29, 2021 9:37 AM
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Canadian PPE manufacturers team up to lobby government to build industry standards
KELOWNA, B.C. — Some of Canada's largest medical mask manufacturers have joined forces to lobby government to establish industry standards for personal protective equipment.
Apr 29, 2021 9:37 AM
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Daimler Truck, Volvo to make fuel cells in Europe from 2025
FRANKFURT — Germany's Daimler Truck AG and Sweden's Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technolog
Apr 29, 2021 9:37 AM
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McDonald's comes roaring back as restrictions ease
The bounce back for McDonald's as restrictions were lifted across the U.S. was so strong in the first quarter that the company surpassed sales during the same period even in 2019, long before the pandemic broadsided the country.
Apr 29, 2021 9:36 AM
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Student employment could remain challenging this summer but there's signs of hope
TORONTO — Experts are urging students not to get discouraged even though the COVID-19 pandemic could make finding summer employment challenging for the second year in a row.
Apr 29, 2021 9:26 AM
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Resolute Forest Products reports $87-million first-quarter profit, sales up
MONTREAL — Resolute Forest Products Inc. reported a first-quarter profit of $87 million compared with a loss a year ago as its sales climbed higher, helped by strong lumber prices. However shares in the forestry company fell $2.
Apr 29, 2021 9:21 AM
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More Americans sign contracts to buy homes in March
SILVER SPRING, Md. — More Americans signed contracts to buy homes in March after two months of declines, pointing to a healthy housing market as summer approaches and the economy continues what is shaping up to be a rapid recovery.
Apr 29, 2021 8:20 AM
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