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Lululemon withholds guidance for 2020 due to COVID-19 as Q4 profits rise

Lululemon withholds guidance for 2020 due to COVID-19 as Q4 profits rise

VANCOUVER — Athleisure retailer Lululemon Athletica Inc. declined to provide a financial outlook for its current fiscal year as the impact of the COVID-19 pandemic unfolds.
3.3 million seek US jobless aid, nearly 5 times earlier high

3.3 million seek US jobless aid, nearly 5 times earlier high

WASHINGTON — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (13,371.17 , up 243.94 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 20 cents, or 18.87 per cent, to $1.26 on 27.
TSX makes back a third of losses on first three-day rally since highs

TSX makes back a third of losses on first three-day rally since highs

TORONTO — Canada's main stock index has made back about a third of its recent losses with the first three-day rally since hitting a record high in February. The S&P/TSX composite index closed 243.94 points or 1.8 per cent higher at 13,371.17.
Airlines under no obligation to refund cancelled fares due to coronavirus: watchdog

Airlines under no obligation to refund cancelled fares due to coronavirus: watchdog

Jacqui Birchall is hoping for a full refund from WestJet after it cancelled her flight from Puerto Vallarta to Vancouver as part of its major capacity reduction in response to the COVID-19 pandemic.
Major Quebec media companies cut costs as COVID-19 impacts advertising

Major Quebec media companies cut costs as COVID-19 impacts advertising

MONTREAL — Two major Quebec media companies are announcing big cost-cutting measures that they say are necessary to deal with the economic fallout from the COVID-19 pandemic.
Realtors push back on non-essential sales, adopt safety measures amid outbreak

Realtors push back on non-essential sales, adopt safety measures amid outbreak

TORONTO — The coronavirus outbreak is pushing some realtors to turn away all but the most desperate clients, while others are adopting extraordinary measures in an effort to help maintain social distancing and stem the spread of the pandemic.
Tech community calls on Ontario for aid as companies struggle to preserve jobs

Tech community calls on Ontario for aid as companies struggle to preserve jobs

TORONTO — More than 230 leaders of technology companies and innovation hubs across the country are calling on the Ontario government for more help to weather the economic fallout of the COVID-19 pandemic.
Businesses welcome government relief measures but want more — and quickly

Businesses welcome government relief measures but want more — and quickly

TORONTO — When the federal government teased its $82-billion relief plan for Canadian businesses and workers impacted by COVID-19, Toronto jewelry manufacturer Jewels4Ever was anxious to hear more.
Highlights of the British Columbia's government's emergency pandemic response

Highlights of the British Columbia's government's emergency pandemic response

VICTORIA — The B.C. government stepped up its efforts under the Emergency Program Act on Thursday to ensure, among other things, that goods and services are getting to those who need them.
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