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Peloton recalls treadmills, halts sales, after a child dies

Peloton recalls treadmills, halts sales, after a child dies

NEW YORK — Peloton is recalling about 125,000 of its treadmills, less than a month after denying they were dangerous and saying it would not pull them from the market, even though they were linked to the death of a child and injuries of 29 others.
In nod to sensitivities, marketers adjust Mother's Day messaging

In nod to sensitivities, marketers adjust Mother's Day messaging

TORONTO — Some Canadian companies are putting sensitivity ahead of sales in the run up to Mother's Day in acknowledgment of customers who may be dealing with bereavement, estrangement or fertility issues.
COVID's US toll projected to drop sharply by the end of July

COVID's US toll projected to drop sharply by the end of July

NEW YORK — Teams of experts are projecting COVID-19's toll on the U.S. will fall sharply by the end of July, according to research released by the government Wednesday.
GTA home sales up 362% since last April, but market is starting to slow: TRREB

GTA home sales up 362% since last April, but market is starting to slow: TRREB

TORONTO — April delivered a record number of home sales for the Greater Toronto Area, but the market is starting to slow from the intense pace seen earlier this year, the Toronto Regional Real Estate Board said Wednesday.
EU plans tightening foreign investment, with eye on China

EU plans tightening foreign investment, with eye on China

BRUSSELS — The European Union is planning to tighten rules on foreign investment in its 27 members and boost production autonomy for sensitive strategic goods, two measures bound to hit China — amid already precarious relations between the two massiv
US services sector slows slightly in April after record high

US services sector slows slightly in April after record high

WASHINGTON — Activity in the U.S. services sector, where most Americans work, slowed slightly in April after hitting an all-time high in March.
Chorus Aviation signs three-year air cargo contract with Purolator

Chorus Aviation signs three-year air cargo contract with Purolator

HALIFAX — Chorus Aviation Inc. has signed a three-year contract with Purolator Inc. for air cargo charter services. The agreement follows the completion of an initial six-month trial.
Maple Leaf Foods reports $47.7M first-quarter profit, sales up three per cent

Maple Leaf Foods reports $47.7M first-quarter profit, sales up three per cent

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it earned a profit of $47.7 million in its latest quarter as an improvement in its meat protein group helped its revenue edge higher.
After years, court hands tax win to Michael Jackson heirs

After years, court hands tax win to Michael Jackson heirs

LOS ANGELES — A U.S.

Actor indicted in $227M Ponzi scheme involving film rights

LOS ANGELES — An aspiring actor was indicted Tuesday in Los Angeles on suspicion of running a massive Ponzi scheme that solicited hundreds of millions of dollars from investors for phoney Hollywood film licensing deals, federal prosecutors said.