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Chorus Aviation reports $180.6-million loss in second quarter

Chorus Aviation reports $180.6-million loss in second quarter

HALIFAX — Chorus Aviation Inc. says it lost $180.6 million in its second quarter, down from profits of $20.3 million during the same quarter last year.
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Cargojet reports $25-million loss in second quarter, revenues rise

Cargojet reports $25-million loss in second quarter, revenues rise

MISSISSAUGA, Ont. — Cargojet Inc. reported a $25-million loss in the second quarter, down from a profit of $31.1 million a year earlier. The Mississauga-based air freight and plane leasing company says its revenues totalled $230.
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AutoCanada announces cybersecurity breach, earnings hit by previous incident

AutoCanada announces cybersecurity breach, earnings hit by previous incident

EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
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S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher

S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher

TORONTO — Canada's main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.
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CRTC expands ability for internet providers to sell service over telecoms' networks

CRTC expands ability for internet providers to sell service over telecoms' networks

Canada's telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals' fibre networks to offer their services to customers.
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CAE profits fall as supply-chain headwinds persist

CAE profits fall as supply-chain headwinds persist

MONTREAL — CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints. The flight simulator maker says net income attributable to shareholders fell 26 per cent to $48.
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Montreal man sentenced to 10 years in U.S. for 'massive' telemarketing scheme

Montreal man sentenced to 10 years in U.S. for 'massive' telemarketing scheme

MONTREAL — A Montreal man has been sentenced to 10 years in prison by a Pennsylvania judge for operating a telemarketing scheme that defrauded American seniors of millions of dollars.
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Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain

Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain

HALIFAX — A national union that represents workers at Atlantic Canada's largest newspaper chain says conditions demanded by Postmedia in its bid to buy the insolvent SaltWire Network are not as bad as some observers had feared.
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Nova Scotia urged to address 'pathways' that lead people to losing their homes

Nova Scotia urged to address 'pathways' that lead people to losing their homes

HALIFAX — One major step that Nova Scotia can take to reduce homelessness is by addressing the "pathways" that lead vulnerable people to end up on the street, the head of a shelter for women and children said Tuesday.
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Stock market today: Wall Street rallies after passing the first of several tests set for this week

Stock market today: Wall Street rallies after passing the first of several tests set for this week

NEW YORK (AP) — U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected. The S&P 500 rallied 1.
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