Business

Cove Soda founders Ryan and John MacLellan outside the Bayers Lake Costco on Tuesday, April 16, 2024. Cove Soda will now be available in Costcos across the United States.
Ryan Taplin - The Chronicle Herald

Cove Drinks of Halifax has begun shipping its no-sugar sodas to 575 Costco stores in the U.S., forecasts revenue of $100 million

Eight years after Ryan and John MacLellan founded their company at a kitchen table in Malignant Cove, Antigonish County, Cove Drinks is forecasting annual revenue of $100 million this year. And that could double the following year. “It wasn’t very ...

Updated 3 hours ago |5 min read

Over 50 employers and service providers taking part in job fair in New Glasgow, N.S.

Updated 8 hours ago |3 min read

The team at Nova Scotia Works Career Connections in New Glasgow have been busy preparing for the 2024 Pictou County Job Fair, which is set for April 24th from 10am-3pm at the Pictou County Wellness Centre. Pictured are, from left, Jessie Falcitelli, Workshop Coordinator and Ann MacGregor, Employer Engagement Specialist.

Kings, N.S., council allows amendments to controversial Canning development agreement

Updated a day ago |8 min read

Parson Green Developments president Noel Taiani says amendments to a development agreement that could see as many as 442 residential units built in Canning are intended to address changing market conditions and help make up for lost construction time. FILE PHOTO

Walmart Canada launches free pilot program to recycle its reusable shopping bags

Updated 11 hours ago |1 min read

Mallard Cottage in St. John's may be forced into bankruptcy

Updated 13 hours ago |5 min read

Inflation likely rose in March, but not enough to change Bank of Canada's direction

Updated a day ago |3 min read

Mexico's America Movil Q1 net profit tumbles over 50% year-on-year

Reuters |Updated 52 minutes ago |1 min read

MEXICO CITY (Reuters) - Mexican telecommunications giant America Movil on Tuesday posted a 55.2% decrease in its first-quarter net profit, landing at 13.5 billion pesos, as a stronger peso diluted earnings from abroad. The company, controlled by ...

A Norfolk Southern train rests near the University of North Carolina's energy generation plant, after delivering coal to the facility, in Chapel Hill, North Carolina, U.S. August 11, 2022.

US labor union backs Norfolk in proxy battle with Ancora

Reuters |Updated 1 hour ago |1 min read

(Reuters) - A top federation of U.S. labor unions has urged Norfolk Southern shareholders to vote against Ancora's director candidates, arguing the hedge fund's plans for the railroad would compromise safety and improvements being considered.

A general view shows the of headquarters of Banorte Bank in Monterrey, Mexico, June 17, 2019.

Mexico's Banorte posts 9% profit climb in Q1 as loan book grows

Reuters |Updated 2 minutes ago |1 min read

MEXICO CITY (Reuters) - Mexico's Grupo Financiero Banorte reported on Tuesday a 9% increase in first-quarter net profit from the year-ago period, citing growth in its loan book. Net profit for the quarter hit 14.21 billion pesos ($859.48 ...

Passersby are reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023.

Morning Bid: Powell dashes easing hopes, markets dented again

Jamie McGeever |Updated 1 hour ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome ...

Tara Black of Sydney is among the employees working at the new Steel Grounds Café location on the Sydney harbourfront. BARB SWEET/CAPE BRETON POST

Cape Breton's Steel Grounds Café opens new location on Sydney waterfront

Barb Sweet |Updated 1 hour ago |4 min read

SYDNEY, N.S. — The Steel Grounds Café has a new location on the Sydney waterfront. The non-profit venture operated by the Horizon Achievement Centre opened a Steel Grounds Café Grab and Go at the Joan Harriss Cruise Pavilion and in its first week of ...

NBA 2K22 and Grand Theft Auto 5 by Take-Two Interactive Software Inc are seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022.

Take-Two Interactive to cut 5% of its workforce

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - U.S. video-game publisher Take-Two Interactive Software said on Tuesday it would reduce the company's workforce by about 5% as part of its cost-reduction program. (Reporting by Christy Santhosh in Bengaluru; Editing by Shilpi ...

JB Hunt misses quarterly estimates on weaker-than-expected demand at biggest segment

Reuters |Updated 2 hours ago |2 min read

(Reuters) - U.S. trucking firm JB Hunt Transport Services missed Wall Street estimates for first-quarter results on Tuesday, hurt by a decline in revenue in its biggest segment and pricing pressures at its brokerage business. Shares of the ...

Omnicom beats quarterly profit on strong ad spending

Reuters |Updated 2 hours ago |1 min read

(Reuters) - Omnicom Group beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by solid demand for its advertising services amid major political and sports events. The results come as macroeconomic conditions ease ...

Canada's Prime Minister Justin Trudeau speaks during a joint news conference with France's Prime Minister Gabriel Attal (not pictured), in Ottawa, Ontario, Canada April 11, 2024.

Instant view: Canada unveils fresh taxes on wealthy in federal budget

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Canada on Tuesday revealed a new tax on wealthy individuals that will bring in billions of dollars over the next five years to help fund housing programs designed to win over a disgruntled voter base. STORY: LINK: COMMENTS ...

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015.

Canada government sees budget deficits gradually declining

Reuters |Updated 2 hours ago |1 min read

OTTAWA, April 16 (Reuters) – The Canadian government on Tuesday forecast that budget deficits would gradually decline over the next five years and said growth over three of the next four years would be weaker than forecast last November. In its ...