Skip to content
5.0 °Cforecast >
Sunny

National Business

Comcast beats Fox in Sky auction with $39B bid

Comcast beats Fox in Sky auction with $39B bid

LONDON — British regulators say Comcast has beat 21st Century Fox in a rare auction that allowed both sides to bid for European broadcaster Sky. After three rounds of bidding behind closed doors, Comcast offered the higher price of 17.28 pounds ($22.
Read more >

Fox, Comcast bid for Sky in rare auction

LONDON — Comcast and 21st Century Fox are contenders for the highest bid for European broadcaster Sky. The two companies are competing Saturday in a rare auction to determine which bid for Sky is the highest.
Read more >

Judges signal they'll revive Sarah Palin defamation lawsuit

NEW YORK — A federal appeals panel seems poised to reinstate a defamation lawsuit Sarah Palin brought against The New York Times after hearing oral arguments Friday. A three-judge panel of the 2nd U.S.
Read more >
Credit freeze free nationwide as of Friday

Credit freeze free nationwide as of Friday

Consumers can now freeze their credit for free under a new federal law. A credit freeze restricts access to your credit file, essentially halting anyone from opening any new credit in your name.
Read more >
US agency endorses plan to block new mining near Yellowstone

US agency endorses plan to block new mining near Yellowstone

BILLINGS, Mont. — U.S. officials recommended approval on Friday of a plan to block new mining claims for 20 years on the forested public lands that make up Yellowstone National Park's mountainous northern boundary.
Read more >
Rising oil prices haven't hurt the US economy so far

Rising oil prices haven't hurt the US economy so far

DALLAS — America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.
Read more >
Cancelling Georgia nuclear plant could cost owners billions

Cancelling Georgia nuclear plant could cost owners billions

ATLANTA — The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans.
Read more >

Wild stock volatility prompts statement from DavidsTea, shares down sharply

MONTREAL — DavidsTea Inc. says it is unaware of any reasons why its shares soared nearly 60 per cent today before plummeting. Its shares reached an intra-day high of US$5.35, up US$2.00 or nearly 60 per cent from Thursday's closing price of US$3.
Read more >

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,224.13 up 9.38 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 41 cents, or 3.35 per cent, to $11.84 on 43.4 million shares.
Read more >
TSX caps good week by closing higher as investors respond to pipeline action

TSX caps good week by closing higher as investors respond to pipeline action

TORONTO — Canada's main stock index capped a good week with the energy sector closing higher Friday as investors responded positively to federal action to kick-start construction of the Trans Mountain pipeline expansion.
Read more >