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Business News Summary Headlines

Company releases, economic news, and business coverage.

Belgium urged to break EU-Canada trade deadlock by Monday

BRUSSELS - If Belgium cannot break a deadlock over the European Union's landmark free deal with Canada by Monday night, EU leaders will consider cancelling a signing ceremony scheduled for later in the week, sources said Sunday.

Two officials with knowledge of the negotiations said that EU leaders plan to have telephone talks with Prime Minister Justin Trudeau about cancelling the Thursday summit if Belgium's support for the deal isn't secured by the deadline.

Sunday, October 23, 2016 | 02:48 PM

100M Canadians by 2100? Key advisers to Morneau striving for such a goal

OTTAWA - Imagine Canada with a population of 100 million roughly triple its current size.

For two of the most prominent voices inside the Trudeau government's influential council of economic advisers, it's much more than a passing fancy.

Sunday, October 23, 2016 | 02:48 PM

Cherokee Nation donates to North Dakota pipeline fight

TAHLEQUAH, Okla. - The Cherokee Nation of Oklahoma has donated $10,000 to the Standing Rock Sioux Tribe in North Dakota to support its fight against the Dakota Access Pipeline.

The Cherokees say they presented a check last week in addition to providing three truckloads of firewood for those camping out to protest construction of the pipeline.

Sunday, October 23, 2016 | 12:10 PM

Muskrat Falls: Protests, soaring costs and the making of a 'boondoggle'

ST. JOHN'S, N.L. - Then-premier Kathy Dunderdale had a dismissive air when she rose in the legislature on Dec. 18, 2012, to answer another opposition question on Muskrat Falls.

Her Progressive Conservative government had just sanctioned the $7.7-billion hydro project, the largest publicly funded venture in Newfoundland and Labrador's history.

Sunday, October 23, 2016 | 11:47 AM

Five things to watch for in the Canadian business world in the coming week

TORONTO - Five things to watch this week in Canadian business:

OrderedDict([(u'@xmlns:cp', u'urn:schemas-cp-org:cp'), (u'@xmlns:msxsl', u'urn:schemas-microsoft-com:xslt'), ('#text', u'The economy: There will be plenty of economic talk on Monday. The day kicks off with Statistics Canada releasing the wholesale trade figures for August. Jean-Denis Frechette, the parliamentary budget officer, then releases a report on economic and fiscal projections. Later in the day, both Frechette and Bank of Canada governor Stephen Poloz will appear before the House of Commons finance committee.')])

Sunday, October 23, 2016 | 10:00 AM

Fight over Vanderbilts' Breakers mansion goes to high court

PROVIDENCE, R.I. - The Rhode Island Supreme Court is stepping into a fight that has pitted dozens of members of the Vanderbilt family against a non-profit that owns several well-known mansions in Newport.

The disagreement centres on whether the group should be allowed to build a visitors centre on the grounds of the spectacular Vanderbilt mansion The Breakers, a national historic landmark.

Sunday, October 23, 2016 | 09:31 AM

AT&T buying HBO and CNN owner Time Warner for $85.4 billion

NEW YORK - Grab some popcorn AT&T wants to take you to the movies.

AT&T is buying Time Warner, the owner of the Warner Bros. movie studio as well as HBO and CNN, for $85.4 billion in a deal that could shake up the media landscape.

Saturday, October 22, 2016 | 09:06 PM

NewsAlert: AT&T to purchase Time Warner for $85.4 billion

NEW YORK - AT&T buying HBO, CNN owner Time Warner for $85.4 billion, uniting a telecom giant and an entertainment conglomerate.

More to come.

Saturday, October 22, 2016 | 08:19 PM

Protesters break into Muskrat Falls site, more form blockade outside

Protesters broke into the Muskrat Falls hydroelectric site in Labrador and formed a blockade around it, Nalcor Energy confirmed Saturday.

Nalcor spokeswoman Karen O'Neill said protesters and vehicles entered the work site near Happy Valley-Goose Bay Saturday afternoon, and a blockade of around 150 people formed outside the main entrance.

Saturday, October 22, 2016 | 07:21 PM

Colombia airline resumes Caracas flights after scare

BOGOTA - Colombia's flagship airline briefly grounded all flights to Caracas after a Venezuela air force plane flew close to a passenger jet, but the company said Saturday it was resuming service following clarifications from the two governments.

An Avianca Boeing 787 on a flight from Madrid to Bogota with some 200 passengers aboard was cruising at high altitude near Venezuela's western border with Colombia Friday evening when a Venezuelan military plane was spotted on radar flying a short distance away, the Colombian Defence Ministry said in a statement.

Saturday, October 22, 2016 | 07:06 PM