TORONTO — A report released on Monday suggests that 87 per cent of Canadian cannabis companies believe that consolidation is inevitable over the next three years, leaving only a few large players post-legalization.
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WASHINGTON — Big Tobacco companies return to TV this weekend, decades after they were banned from the airwaves.
CONCORD, N.H. — The Department of Energy on Thursday awarded a key permit for a transmission project that would carry hydropower from Canada to more than a million homes in southern New England.
NEW YORK—A painting of Christ by the Renaissance master Leonardo da Vinci sold for a record $450 million (380 million euros) at auction yesterday, smashing previous records for artworks sold at auction or privately.
The painting, “Salvator Mundi," Latin for "Savior of the World,” is one of fewer than 20 paintings by Leonardo known to exist and the only one in private hands.
MONTREAL — Champion Iron Ltd. is restarting production in March at its Bloom Lake iron mine in Quebec’s Labrador Trough, three years after it was shuttered when its previous owner sought creditor protection.
PHENIX CITY, Ala. — An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer.
Court records show that Henry Walker on Wednesday was awarded the damages after a jury trial in Phenix City, Alabama.
VATICAN CITY — Pope Francis is saying “Just Say No” to cigarettes.
The Vatican announced Thursday that it would no longer sell cigarettes to employees in its duty free shop and supermarket ‚Äî giving up an estimated 10 million euros ($11 million) a year in profit.
Flying on WestJet’s low-cost carrier Swoop will come with a price: ancillary fees that will cost travellers about twice what they pay on the mainline carrier, the CEO of the Calgary-based airline said Tuesday.
Gregg Saretsky said he expects non-fare fees on Swoop, which is set to launch in June, will be very similar to so-called ultra low-cost carriers in the U.S.
ATLANTA — One of the nation’s largest railroads must replace millions of defective wooden railroad ties on its tracks because they’re degrading faster than expected, the company said in a federal lawsuit.
LONDON — The appetite for mergers and acquisitions remains near a record high as firms try to adapt to fast technological changes and despite a welter of geopolitical concerns, a survey of executives found Monday.