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Celebrity bidding war for Ottawa Senators could be a boon for the franchise: experts

Celebrity bidding war for Ottawa Senators could be a boon for the franchise: experts

While some hockey fans may be surprised by multiple celebrities facing off for a minority ownership stake in the NHL's Ottawa Senators, experts who study the business of sport say the prospect stands to lift the team's profile to new heights, while s
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Crescent Point restores 75% of halted production as wildfire situation improves

Crescent Point restores 75% of halted production as wildfire situation improves

CALGARY — Crescent Point Energy Corp. says it has restored approximately 75 per cent of the production it had temporarily halted as a result of the wildfires in Alberta.
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FDA panel backs over-the-counter birth control pill

FDA panel backs over-the-counter birth control pill

WASHINGTON (AP) — Federal health advisers said Wednesday that a decades-old birth control pill should be sold without a prescription, paving the way for a likely U.S. approval of the first over-the-counter contraceptive medication.
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Brookfield Asset Management reports Q1 profit up from year ago

Brookfield Asset Management reports Q1 profit up from year ago

TORONTO — Brookfield Asset Management Ltd. says its share of the latest quarterly profit of the asset management business it owns with Brookfield Corp. amounted to US$125 million.
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US prices stay high, showing inflation pressures persist

US prices stay high, showing inflation pressures persist

WASHINGTON (AP) — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. Prices increased 0.
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CFIB wants CEBA loan repayment deadline extended as businesses struggle

CFIB wants CEBA loan repayment deadline extended as businesses struggle

TORONTO — The Canadian Federation of Independent Business says in a survey of its members, 78 per cent of them reported that getting extra time to repay their Canada Emergency Business Account loans will increase the likelihood of their survival.
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Nuvei says Q1 revenue up 20%, but reports loss due to Paya acquisition costs

Nuvei says Q1 revenue up 20%, but reports loss due to Paya acquisition costs

MONTREAL — Nuvei Corp. saw its first-quarter revenue rise 20 per cent compared with a year ago, but recorded a loss for the first three months of the year as it was hit by about US$20 million in costs related to its deal to buy U.S.
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Tim Hortons signs deal to start opening locations in South Korea later this year

Tim Hortons signs deal to start opening locations in South Korea later this year

TORONTO — Tim Hortons says the coffee and doughnut chain has signed a deal to open locations in South Korea starting later this year. The company says it has signed a master franchise agreement with BKR Co. Ltd.
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CBC resumes activity on some of its Twitter accounts after hitting pause over labels

CBC resumes activity on some of its Twitter accounts after hitting pause over labels

The CBC and Radio-Canada are returning to Twitter after pausing activity last month over their designation as "government-funded media" by the social media platform.
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Biden: Debt meeting 'productive,' default 'not an option'

Biden: Debt meeting 'productive,' default 'not an option'

WASHINGTON (AP) — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to try to avert the looming risk of an unprecedent
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