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WeWork racked up $1.25 billion US in losses in the third quarter as it geared up for, and an ultimately scuttled, its debut as a public company.
The office space-sharing company's losses more than doubled between June-September, compared with the same period the previous year, as the office-sharing company spent heavily in pursuit of aggressive growth.
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Stelco Holdings Inc. says it made no net profit in the third quarter as revenues dropped 23 per cent on lower selling prices for steel.
The Hamilton-based company's net profit for the period ended Sept. 30 was down from $125 million or $1.41 per diluted share.
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Federal Reserve Chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation's economy.
Powell's testimony before the House Budget Committee came a day after he told Congress' Joint Economic Committee that the Fed was likely to keep rates unchanged in the coming months, unless there were a "material" shift in the economic outlook.
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WASHINGTON - The most powerful Democrat in the United States Congress says she believes members of Congress could vote on the new North American free-trade agreement before the end of the year.
Nancy Pelosi, the Speaker of the House of Representatives, says there has been ongoing progress between congressional Democrats and Trump administration officials as the two sides broker a compromise over tougher enforcement of the U.S.
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SMITH FALLS, Ont. - Canopy Growth Corp. reported a $374.6-million loss in its latest quarter as the company restructured its portfolio of cannabis softgels and oils.
The cannabis producer says the loss amounted to $1.08 per share for the quarter ended Sept.
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FREDERICTON -- New Brunswick has issued a request for proposals for a single private operator to take over the government's operation, distribution and sales of recreational cannabis in the province.
Finance Minister Ernie Steeves says today that after a careful analysis, the government concluded the best approach was to turn to the private sector.
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A Vancouver conference promoting business links between Canada and China is under fire for inviting a company that's blacklisted in the U.S.
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The Saskatchewan government has released its 10-year plan to grow the province's population and economy.
The growth plan includes goals of increasing the population by 226,000 and creating 100,000 more jobs by 2030.
"Growth allows us to help and protect the most vulnerable among us," Moe said.
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A Vancouver conference promoting business links between Canada and China is under fire for inviting a company that's blacklisted in the U.S.
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