U.S. Sears files for bankruptcy protection amid plunging sales, massive debt

Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated…

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Microsoft co-founder Paul Allen treated again for cancer

Microsoft Corp. co-founder Paul Allen said on Monday he had started treatment for non-Hodgkin’s lymphoma, the same disease he overcame…

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Shares in MEG soar as analysts predict Husky will boost hostile takeover offer

Financial analysts say Husky Energy Inc. will likely have to sweeten its $3.3-billion hostile takeover bid for fellow Calgary oilsands…

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Canada ‘cautiously optimistic’ a NAFTA deal is in hand, ambassador says, as deadline draws near

Canada’s ambassador to Washington says he is optimistic a renegotiated NAFTA could soon be had, telling reporters Sunday that officials are…

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Cannabis retailer Green Growth Brands raises $85M following reverse takeover

An American marijuana company whose shares will soon trade in Canada has raised $85 million in a private placement, funds…

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Barrick Gold buys Africa’s Randgold to become world’s biggest gold miner

Toronto based Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world’s largest gold miner. Investors will…

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Canada’s concession on dairy not enough to seal NAFTA deal, U.S. economists say

There’s been growing calls from both sides of the border for Canada to make concessions on its protected dairy sector in…

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Canada loses 51,600 jobs in August, pushing up unemployment rate

The economy lost 51,600 jobs last month, which drove up the unemployment rate and essentially wiped out a big gain…

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Canada needs Chapter 19 because Trump ‘doesn’t always follow the rules’: Trudeau

Prime Minister Justin Trudeau is defending NAFTA’s dispute resolution mechanism as necessary in a world where the president of the United…

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Amazon is 2nd U.S. company to reach $1-trillion market value

Amazon has become the second publicly traded company to be worth $1 trillion US, hot on the heels of iPhone…

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