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Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

Appeal denied for Calgary man convicted in multimillion-dollar Ponzi scheme

CALGARY — An Alberta court has denied the appeal of a Calgary man convicted three years ago of a Ponzi scheme that saw his clients bilked out of millions of dollars.
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Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

MONTREAL — Air Canada lowered its financial forecast for the year as travellers continue to shy away from trips to the United States amid cross-border tensions, pushing the country's largest airline to hunt for demand elsewhere.
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Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

TORONTO — The trading week wound to a close with the Canadian market on an upbeat but cautious swing.
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White House downplays North American auto industry's concerns about U.K. trade deal

White House downplays North American auto industry's concerns about U.K. trade deal

WASHINGTON — The White House on Friday downplayed the North American automobile industry's claim that U.S. President Donald Trump's new trade deal with the United Kingdom could make the sector less competitive.
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Hudson's Bay garnered 17 bids in process to find new owner for retailer, assets: docs

Hudson's Bay garnered 17 bids in process to find new owner for retailer, assets: docs

TORONTO — A new court filing shows a process meant to find a new owner for Hudson's Bay and its assets has yielded 17 bids.
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Telus CEO decries 'race to the bottom' through price matching with competitors

Telus CEO decries 'race to the bottom' through price matching with competitors

The chief executive of Telus Corp. says there's more the company can do to attract new customers without necessarily having to lower prices to match its competitors.
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Wall Street ends a quiet week mixed as it waits for a highly anticipated US-China meeting on trade

Wall Street ends a quiet week mixed as it waits for a highly anticipated US-China meeting on trade

NEW YORK (AP) — U.S. stocks closed mixed at the end of an unusually quiet week. The S&P 500 slipped 0.1% Friday and wound up with a loss of 0.5% for the week. The Dow Jones Industrial Average fell 0.
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Onex selling minority stakes in WestJet to Delta and Korean Air

Onex selling minority stakes in WestJet to Delta and Korean Air

Onex Corp.
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Pembina Pipeline sees enough demand for potential expansion to Cedar LNG project

Pembina Pipeline sees enough demand for potential expansion to Cedar LNG project

CALGARY — The chief executive of Pembina Pipeline Corp. says he believes there will be enough demand to support an expansion to the Cedar LNG project on the B.C.
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Air traffic controllers for Newark airport briefly lose radar access again

Air traffic controllers for Newark airport briefly lose radar access again

The air traffic controllers directing planes into the Newark, New Jersey, airport lost their radar Friday morning for the second time in two weeks.
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