VANCOUVER — Goldcorp Inc. is reporting sharply lower first-quarter net earnings on higher costs and lower gold production. The company, which reports in U.S. dollars, says it earned $67 million or eight cents per share, compared with net earnings of $170 million or 20 cents per share in the same period of 2017. Analysts had […]
BOISE, Idaho — A total of four barrels containing radioactive sludge at an eastern Idaho nuclear site were found to have ruptured, officials said Wednesday, after initially saying earlier this month that one barrel was leaking. Officials said there were no injuries and no threat to the public, and workers in protective gear have installed […]
NEW YORK — Payment processing giant Visa on Wednesday reported a sharp jump in its fiscal second-quarter profits from a year earlier on Wednesday, as more shoppers spent money on Visa’s network across all its major markets. The San Francisco-based company said it earned $2.61 billion in the period ending March 30, or $1.11 a […]
WASHINGTON — President Donald Trump has met with Apple CEO Tim Cook at the White House to discuss trade as he engages in negotiations around the globe. Trump tweeted before the meeting Wednesday that they would be “talking about many things, including how the U.S. has been treated unfairly for many years, by many countries, […]
OTTAWA — One year after the United States imposed stiff import duties on Canadian softwood, strong demand for wood and record market prices mean American consumers and not Canadian producers are feeling the pinch. In 2017, Canadian lumber producers handed over more than $200 million to the U.S. government to cover duties of about 20 […]
SAN JOSE, Calif. (AP) — EBay Inc. (EBAY) on Wednesday reported first-quarter earnings of $407 million. The San Jose, California-based company said it had profit of 40 cents per share. Earnings, adjusted for one-time gains and costs, were 53 cents per share. The results met Wall Street expectations. The average estimate of 15 analysts surveyed […]
The social network giant reported about 2.2 billion monthly active users in March, the same month that a data breach affecting about 87 million Facebook users was revealed
Questions remain over whether these plans go far enough for low-income consumers
‘I don’t think you will ever see this company hedge at the very high levels that you’ve seen this year and in the back half of last year’: Cenovus CEO
NEW YORK — Chipotle, which recently hired a new CEO from Taco Bell to revitalize its business, saw a key sales figure increase as it raised menu prices in most of its restaurants. After the results were released Wednesday, shares of the burrito chain soared 10 per cent in extended trading. CEO Brian Niccol, who […]