Business

'We brought The Seed Company into the 21st century': St. John's-based business prepares to celebrate 100 years

When Peter Byrne's great-grandfather, E.W. Gaze, opened Gaze Seed Company in 1925, it was the only seed company in N.L. Better known today as The Seed Company, they supplied seeds to farmers and gardeners across the island through mail via a ...

Updated 56 minutes ago |7 min read

All fuel prices drop in Newfoundland and Labrador overnight Thursday, April 25

Updated 12 hours ago |1 min read

Higher gas prices are expected to have bumped up inflation in March.

St. John's Pilates studio helping those with Parkinson's: Classes offered free to those with the disease to help keep people moving

Updated 22 hours ago |6 min read

Sarah Stoker is the owner and operator of Pony Pilates in St. John's. (Contributed)

Time to double the quota? Owner of only N.L. fish plant to process exclusively northern cod thinks stocks are ready and is working to regain its position in global marketplace

Updated 22 hours ago |7 min read

Roll Up to Win confusion: Cape Bretoners disappointed after Tim Hortons email mistake

Updated 1 hour ago |6 min read

CBRM seeks land-use bylaw change for supportive housing units

Updated a day ago |5 min read

A proposal from Five Corners Properties offers 3,000 new residential units in the Bible Hill area. Image Five Corners Properties

Five Corners Properties talk 3,000 unit housing project in Bible Hill

Brendyn Creamer |Updated a day ago |5 min read

Entrepreneur Evan Price hopes to build a Bible Hill community hub. Announced on April 1, Price's company, Five Corners Properties, applied to develop a 69-hectare plot between Brookside and Pictou Roads in Bible Hill. It was approved by Colchester ...

Carrier Global lowers full-year sales forecast as sticky inflation limits demand

Reuters |Updated just now |1 min read

(Reuters) - Air conditioner maker Carrier Global cut its full-year revenue forecast on Thursday, anticipating continued pressure on consumer spending amid persistent inflation. Carrier, which also makes heating and ventilation equipment, now ...

Honeywell's first-quarter results beat on aviation strength

Reuters |Updated 6 minutes ago |1 min read

(Reuters) - Honeywell beat Wall Street estimates for first-quarter results on Thursday as strength in its aviation business offset a slowdown in the company's industrial and building automation units. Strong demand for parts from customers Boeing ...

A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016.

Nasdaq's revenue beats on strong demand for fintech products

Reuters |Updated 9 minutes ago |2 min read

(Reuters) - Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to navigate the capital markets. Revenue from its financial technology unit ...

A technician's vehicle sits in the parking lot at a Comcast facility in Lawrence, Massachusetts, U.S. January 25, 2017.

Comcast tops revenue estimates on streaming growth, strong park attendance

Reuters |Updated 9 minutes ago |2 min read

(Reuters) - Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. Peacock added 3 million subscribers in the first quarter, ...

An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018.

American Airlines forecasts second-quarter profit largely above estimates

Reuters |Updated just now |1 min read

(Reuters) - American Airlines forecast current-quarter profit largely above analysts' expectations on Thursday, amid a rebound in business travel and expectations of strong demand in the upcoming summer season. The company expects an adjusted ...

Newmont beats quarterly profit estimates

Reuters |Updated just now |1 min read

(Reuters) - Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world's largest gold miner benefited from strong production. On an adjusted basis, the company posted a net income of 55 cents per share for the ...

Labcorp beats quarterly estimates on strong testing demand

Puyaan Singh |Updated 10 minutes ago |2 min read

By Puyaan Singh (Reuters) - Labcorp beat Wall Street expectations for first-quarter profit on Thursday, as growing demand for specialty tests boosted sales at its diagnostics business. Specialty testing, which includes cancer and prenatal ...

Head of Belgian Foreign Affairs Committee says she was hacked by China

Reuters |Updated 10 minutes ago |2 min read

BRUSSELS (Reuters) - Chinese spies hacked the laptop of Els Van Hoof, the chairperson of the Belgian parliament's Foreign Affairs Committee in federal Parliament, back in 2021, she told public broadcaster VRT on Thursday. The case is the latest ...

Repsol Chief Executive Officer Josu Jon Imaz looks on as he attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.

Repsol working on closing first "renewable asset rotation" in US - CEO

Reuters |Updated 19 minutes ago |1 min read

MADRID (Reuters) - Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreement with a renewable partner in the U.S. as part of its asset rotation strategy. "We are working on closing our first ...