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 11 hours ago |7 min read

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

Updated 22 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 a day 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 a day ago |7 min read

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

Updated 12 hours 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 Apr. 23, 2024 |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 ...

Juniper misses revenue estimates on weak networking gear demand

Reuters |Updated 15 minutes ago |1 min read

(Reuters) - Juniper Networks missed Wall Street estimates for first-quarter revenue on Thursday, hit by sluggish demand for the networking gear maker's products in an uncertain economy. Weak demand from inflation-hit wireless carriers and cable ...

KLA Corp projects quarterly revenue above estimates as AI fuels chip demand

Reuters |Updated 22 minutes ago |1 min read

(Reuters) - KLA Corp forecast fourth-quarter revenue above analysts' expectations on Thursday, anticipating strong demand for its chip-making tools from semiconductor makers looking to tap into a surge in demand for use in AI applications. Shares ...

Cigna to offer Humira rivals with $0 copay at specialty pharmacy

Amina Niasse, Patrick Wingrove |Updated 44 minutes ago |2 min read

By Patrick Wingrove and Amina Niasse (Reuters) - Cigna plans to make close copies of AbbVie's blockbuster arthritis drug Humira available with no out-of-pocket payment to eligible patients in the U.S. using its specialty pharmacy beginning in ...

Rob Walton, Walmart chairman of the Board of Directors, speaks at the company's annual shareholders meeting in Fayetteville, Arkansas June 6, 2014.

Walmart ex-chairman Rob Walton to retire from board

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Walmart said on Thursday that Rob Walton would retire from the board of the big-box retailer at the end of his term on June 5. Walton, the eldest son of Walmart founder Sam Walton, served as the company's chairman of the board of ...

Shoppers leave a Zara store the day of its opening after fashion giant Inditex resumed its operations in Venezuela under a franchise agreement, in Caracas, Venezuela April 25, 2024.

Spanish retail giant Inditex opens Zara franchise in Caracas

Reuters |Updated 54 minutes ago |1 min read

CARACAS (Reuters) - Spanish fast fashion retailer Inditex on Thursday relaunched its business in Venezuela with the opening of a Zara store via a franchise agreement. In 2021, Inditex, which also owns Bershka, Pull & Bear and other brands, ...

L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions

Reuters |Updated 55 minutes ago |1 min read

(Reuters) - L3Harris lifted the upper-end of its annual adjusted profit target on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns. U.S. defense companies are experiencing a surge ...

Brazil's QI Tech gets unicorn status after fresh General Atlantic-led investment

Reuters |Updated 1 hour ago |1 min read

SAO PAULO (Reuters) - Brazilian financial services provider QI Tech has reached a valuation of more than $1 billion, it said in a statement on Thursday, getting "unicorn" status after a new investment round led by equity investor General ...

Planes from AirAsia, a subsidiary airline of Capital A, are seen on the tarmac of Kuala Lumpur International Airport Terminal 2 (KLIA2) in Sepang, Malaysia, February 26, 2024.

Carrier AirAsia discloses new listing plans under $1.4 billion units merger

Reuters |Updated 1 hour ago |2 min read

(Reuters) -Malaysian airline operator Capital A, also the parent of AirAsia, announced deals worth 6.8 billion ringgit ($1.42 billion) on Thursday, in a move to create a new listed entity and streamline operations by merging various airline ...

A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023.

Kaiser notifies millions of a data breach

Reuters |Updated 2 minutes ago |1 min read

(Reuters) - U.S. health conglomerate Kaiser is notifying millions of its members of a data breach earlier this month, it reported in a notice posted on Thursday. As per a legally required notice filed with the U.S. government on April 12 and ...