Company releases, economic news, and business coverage.
CALGARY - Some oil and gas companies are raising concerns that information in a new reporting program launched by the Alberta Energy Regulator could be misleading.
The regulator launched the pipeline performance report web page Tuesday in an effort to make it easier for the public to see which oil and gas companies are falling behind on pipeline safety, and to push companies to improve.
TORONTO - A memoir by Canadian business magnate and philanthropist Charles Bronfman is among the titles longlisted for the National Book Award.
"Distilled: A Memoir of Family, Seagram, Baseball, and Philanthropy" (HarperCollins), co-written by the Montreal-born Bronfman and Howard Green, is among the books in contention for the $30,000 prize.
OTTAWA - Ontario's government, the City of Victoria and Canada Revenue Agency have won awards for wasteful government spending, as judged by the Canadian Taxpayers Federation.
The federation has announced the annual Teddy Government Waste Award winners, handing two of the pig-shaped trophies to the Government of Ontario.
NEW YORK - CBS had a gleam in its eye again last week as the network held on to its Nielsen crown. In prime-time viewership, CBS could claim the most-watched show, "NCIS," and another 15 of the Top 20 programs. (Remarkably, six of those CBS shows are freshman series.)
AMC's "The Walking Dead" placed third. NBC's "This Is Us" was ninth. ABC had a pair of entries with "Grey's Anatomy" and "The Bachelor" (14th and 15th, respectively).
TORONTO - The story behind the Livent Entertainment financial fraud scandal is one of deception and defiance that culminated with a spectacular fall from grace for one of Canada's best-known theatre impresarios. Here's a look at key events in the saga:
1989: Livent Entertainment is formed. The theatre production company builds a reputation for putting together smash hits with the success of "Show Boat," "Ragtime" and "The Phantom of the Opera."
WASHINGTON - Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows.
Home sales rose 3.3 per cent in January from December to a seasonally adjusted annual rate of 5.69 million, the National Association of Realtors said Wednesday.
MISSISSAUGA, Ont. - Maple Leaf Foods (TSX:MFI) said on Wednesday its net income more than doubled in the fourth quarter and that it will allow its largest shareholder hold a larger stake in the company.
The Toronto-area food processing company said fourth-quarter net income was $76.2 million, or 57 cents per share, up from 24 cents per share or $33.3 million in the same quarter of 2015.
OTTAWA - A weak holiday shopping season took a bite out of retail sales, which were softer than expected in December.
Statistics Canada said Wednesday that retail sales fell 0.5 per cent in December as shops typically associated with the holiday season saw sales fall.
MOSCOW - Along with a steady flow of new missiles, planes and tanks, Russia's defence minister said Wednesday his nation also has built up its muscle by forming a new branch of the military — information warfare troops.
Sergei Shoigu's statement — which came amid Western allegations of Russian hacking — marked the first official acknowledgement of the existence of such forces.
TORONTO - Freshii Inc. says it is taking its healthy-food eateries across the pond to the United Kingdom.
The Toronto-based eatery has partnered with a local Starbucks and Domino's Pizza franchisee, Anil Patil, who operates 40 and 20 locations of each chain respectively.