Indigo’s latest earnings were ‘severely hurt’ by the Canada Post strike: CEO

Indigo founder and chief executive officer Heather Reisman said the company had seen double-digit growth until the postal strike began Oct. 23, bringing double-digit declines with it.Peter J. Thompson/National Post files TORONTO — Indigo Books and Music Inc. said the one-month Canada Post strike last fall “severely hurt” third-quarter earnings, contributing to a roughly 50 …

Trump nominates U.S. Treasury’s David Malpass to lead World Bank

President Donald Trump announces his nomination of David Malpass, under secretary of the Treasury for international affairs, to head the World Bank, during an event in the Rosevelt Room of the White House, Wednesday, in Washington.AP Photo/ Evan Vucci WASHINGTON — U.S. President Donald Trump said on Wednesday that the World Bank Group should be …

Tim Hortons, franchisee group close to settling 2 class-action lawsuits

Tim Hortons has been working more closely with its restaurant owners for the past year, its president said.Jonathan Hayward/The Canadian Press Tim Hortons and an association representing some of its frustrated franchisees are close to reaching a settlement in two class-action lawsuits the group filed against the coffee-and-doughnut chain. Tim Hortons and the Great White …

Gucci pulls ‘blackface sweater’ from stores after complaints

A screenshot taken on Thursday Feb.7, 2019 from an online fashion outlet showing a Gucci turtleneck black wool balaclava sweater for sale, that they recently pulled from its online and physical stores. Gucci has apologized for the wool sweater that resembled a "blackface" and said the item had been removed from its online and physical …

Great-West Lifeco raises dividend but profit falls short of estimates

Great-West Lifeco Inc. raised its dividend as it reported a fourth-quarter profit of $710 million.Canadian Press/John Woods / THE CANADIAN PRESS WINNIPEG — Great-West Lifeco Inc. raised its dividend as it reported a fourth-quarter profit of $710 million but fell short of expectations. The life insurer will now pay a quarterly dividend of 41.3 cents …

Canada gains 66,800 jobs, blowing away forecasts

Canada's job gains beat economists' forecasts.Postmedia OTTAWA — Canada saw a rush of 66,800 net new jobs in January in a gain fuelled by a surge in the private sector. Statistics Canada’s labour force survey says more people also searched for work last month, which pushed the unemployment rate to 5.8 per cent, up from …

Canada unexpectedly gains almost 67,000 jobs as private-sector hiring hits record

Employment increased by 66,800 in January, Statistics Canada said Friday from Ottawa.Postmedia Canada’s job market began 2019 with an unexpected employment surge driven by jobs for youth in services and record private-sector hiring, a sign of strength in an economy facing several other headwinds. Employment increased by 66,800 in January, Statistics Canada said Friday from …

Facebook faces investigation by privacy commissioner over RBC access

The Office of the Privacy Commissioner of Canada is investigating complaints from individuals on whether Facebook gave Royal Bank access to private information of the social media platform's users.Cole Burston/Bloomberg Canada’s privacy commissioner is looking into complaints about whether Facebook Inc. gave Royal Bank of Canada access to private information of users of the social …