Home > News & Features > Business News > Business News Summary Headlines

Business News Summary Headlines

Company releases, economic news, and business coverage.

Shoppers Drug Mart granted licence to sell medical marijuana online

TORONTO - Shoppers Drug Mart has been granted a licence to sell medical marijuana online.

Health Canada's list of authorized cannabis sellers and producers has been updated to reflect that the pharmacy can sell dried and fresh cannabis, as well as plants, seeds and oil.

Saturday, December 08, 2018 | 02:11 PM

Nova Scotia community rallies behind hundreds who lost their jobs ahead of holidays

SYDNEY, N.S. - A Cape Breton community has leaped into action following the sudden closure of a Sydney, N.S., call centre that left nearly 700 people without jobs just three weeks before Christmas.

In the wake of the ServiCom facility closure announced Thursday, another local business has decided to forgo its Christmas party, opting instead to donate the funds set aside for the bash to help the employees left stunned and jobless by the move.

Saturday, December 08, 2018 | 01:23 PM

Minister: UK could try Norway model if Brexit deal rejected

LONDON - Britain could consider a so-called "Norway-plus" deal with the European Union if Prime Minister Theresa May fails to win lawmakers' approval for her Brexit deal, a senior British Cabinet minister said Saturday.

Work and Pensions Secretary Amber Rudd was the first minister to publicly discuss a "Plan B" should May be defeated in a key parliamentary vote scheduled for Tuesday.

Saturday, December 08, 2018 | 07:20 AM

Trump resort worker: No regrets speaking out about abuse

NEW YORK - A Guatemalan living in the U.S. illegally who says she faced abusive working conditions as a maid at Donald Trump's New Jersey golf club doesn't regret speaking out, even though she might lose her job and be deported.

Victorina Morales told The Associated Press in an interview Friday that she can't go back to Guatemala because her family has received death threats, but that she had to stand up for other workers without legal documents at the club who have been ridiculed by a supervisor as "donkeys" and "dogs."

Saturday, December 08, 2018 | 04:30 AM

Chinese executive facing US extradition appears in court

VANCOUVER - A Canadian prosecutor urged a Vancouver court to deny bail to a Chinese executive at the heart of a case that is shaking up U.S.-China relations and worrying global financial markets.

Meng Wanzhou, the chief financial officer of telecommunications giant Huawei and daughter of its founder, was detained at the request of the U.S. during a layover at the Vancouver airport last Saturday the same day that Presidents Donald Trump and Xi Jinping of China agreed over dinner to a 90-day ceasefire in a trade dispute that threatens to disrupt global commerce.

Saturday, December 08, 2018 | 12:01 AM

Japan OKs divisive bill allowing more foreign workers

TOKYO - Japanese lawmakers early Saturday approved government-proposed legislation allowing hundreds of thousands of foreign labourers to live and work in a country that has long resisted accepting outsiders.

The contentious legislation passed only months after Prime Minister Shinzo Abe proposed the plan despite opposition groups' demand for more thorough debate to address concerns about a drastic change of policy.

Friday, December 07, 2018 | 11:59 PM

1 of New Mexico's last drive-in theatres is set to close

CARLSBAD, N.M. - One of New Mexico's last drive-in theatres is set to close.

The Carlsbad Current-Argus reports the owner of the Fiesta Drive-In Theater in Carlsbad, New Mexico, announced this week he was shutting down the decades-old landmark on Sunday after selling the property.

Friday, December 07, 2018 | 11:14 PM

Little results from first ministers meeting, but at least nobody stormed out

MONTREAL - Prime Minister Justin Trudeau managed to keep the peace at what began as a tension-filled first ministers meeting Friday but had few concrete achievements to show for the day-long gathering.

The one sour note was sounded by Ontario's Progressive Conservative premier, Doug Ford, who accused Trudeau of moving the goalposts on Canada's climate-change plans, requiring Ontario to cut its greenhouse-gas emissions more than Ford had expected.

Friday, December 07, 2018 | 08:07 PM

China launches pioneering mission to far side of moon

BEIJING - China launched a ground-breaking mission Saturday to land a spacecraft on the largely unexplored far side of the moon, demonstrating its growing ambitions as a space power to rival Russia, the European Union and the U.S.

A Long March 3B rocket carrying a lunar probe blasted off at 2:23 a.m. from the Xichang Satellite Launch Center in Sichuan Province in southwestern China, the official Xinhua News Agency said.

Friday, December 07, 2018 | 07:47 PM

France girds for weekend protests, fearing more violence

PARIS - Anticipating a fourth straight weekend of violent protests, France on Friday mobilized armoured vehicles and thousands of police, cordoned off Paris' broad boulevards and made plans to shut down tourist sites like the Eiffel Tower and Louvre.

The heavy security will put central Paris in a virtual lockdown Saturday against what the interior minister called "radicalized and rebellious people," who authorities believe will join members of the "yellow vest" movement that has been holding anti-government demonstrations.

Friday, December 07, 2018 | 06:17 PM