US economy grows
The U.S. economy grew at a robust annual rate of 3.5 per cent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.
The U.S. economy grew at a robust annual rate of 3.5 per cent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.
Shopify Inc. reported a loss of US$23.2 million but a 58 per cent spike in revenue in the months prior to the company powering cannabis e-commerce offerings for dozens of provincial governments and licensed producers.
Postmedia Network Canada Corp. continued to experience significant revenue erosion at its newspaper business during its fourth quarter, which ended with a $22.8 million net loss.
Husky Energy Inc. topped expectations as it said it earned $545 million in its latest quarter, up sharply from $136 million in the same quarter last year.
US Treasury sanctions 2 Singapore firms for alleged NKorea dealings, money laundering.
Tesla has reported a quarterly profit for just the third time in its 15-year history.
The state of New York has taken legal action against ExxonMobil, accusing the oil giant of misleading investors about the risks of climate change to its business.
A California couple who came up with a way to turn air into 528 gallons (2,000 liters) of water a day have won the $1.5 million XPrize for Water Abundance.
Gourmet Burger Kitchen (GBK) says it has earmarked 17 restaurants for closure after running up millions of pounds of losses.
West Fraser Timber Co. Ltd. says its net profit nearly doubled in the third quarter despite lower lumber and panel prices.