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Resolute Forest Products reports Q4 loss amid higher manufacturing, freight costs

Resolute Forest Products reports Q4 loss amid higher manufacturing, freight costs

MONTREAL — Resolute Forest Products Inc. says it lost US$128 million in its latest quarter compared with a loss of US$52 million in the same quarter a year earlier. The forestry company, which keeps its books in U.S.
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Discovery, BT in talks over British pay-TV partnership

Discovery, BT in talks over British pay-TV partnership

LONDON (AP) — The pay-TV sports market in Britain could be shaken up after media companies Discovery and BT Group said Thursday they were in exclusive discussions about forming a partnership.
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Emails raise questions about Canadian transportation regulator's independence

Emails raise questions about Canadian transportation regulator's independence

Newly revealed correspondence between the federal government and the Canadian Transportation Agency (CTA) at the start of the pandemic is raising renewed questions around the regulator's independence.
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Lightspeed appoints new CEO after short-seller report, $65.5M net loss in Q3

Lightspeed appoints new CEO after short-seller report, $65.5M net loss in Q3

MONTREAL — Lightspeed Commerce Inc. has appointed a new chief executive as the company's quarterly net loss widened and its share price collapsed months after the company was accused by a short seller of misleading investors.
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Suncor Energy Inc. swings to $1.5-billion profit on soaring crude prices

Suncor Energy Inc. swings to $1.5-billion profit on soaring crude prices

CALGARY — Suncor Energy Inc. says it earned $1.53 billion in the fourth quarter and achieved record adjusted funds fromoperations against the backdrop of soaring oil prices.
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Enerplus looking to sell Canadian assets but will maintain head office

Enerplus looking to sell Canadian assets but will maintain head office

CALGARY — Enerplus Corp. says it is looking to sell its Canadian assets later this year but will maintain its head office.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,362.36, up 42.44 points.) Enbridge Inc. (TSX:ENB). Energy. Up 60 cents, or 1.1 per cent, to $54.59 on 22.7 million shares.
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Shares of Facebook parent Meta plunge 22% on lower profits

Shares of Facebook parent Meta plunge 22% on lower profits

Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge after-hours Wednesday after unexpectedly heavy spending on its “metaverse” project led to a rare decline in its fourth-quarter profit.
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Bombardier faces renewed legal fight with lenders over sale of rail, plane businesses

Bombardier faces renewed legal fight with lenders over sale of rail, plane businesses

MONTREAL — Two lenders have turned to a U.S. court to demand compensation from Bombardier Inc. after the business jet maker sold off key assets over the past few years.
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S&P/TSX composite enjoys strongest streak of year despite drop from big tech names

S&P/TSX composite enjoys strongest streak of year despite drop from big tech names

TORONTO — Canada's main stock index closed higher for a fourth-straight day despite a big drop by Shopify Inc. and the tech sector. The S&P/TSX composite index closed up 42.44 points to 21,362.
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