Business

After Amazon: Union tries to regroup in wake of Alabama loss

WASHINGTON — Despite the strongest public support and the most sympathetic president in years, the American labour movement just suffered a stinging defeat — again. Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale and Department Store Union in much-anticipated election results announced Friday. Amazon and business groups celebrated the decision, […]

Business

Alibaba fined US$2.8 billion on monopoly charge in China

BEIJING — Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan (US$2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries. Party leaders worry about the dominance of China’s biggest internet companies including Alibaba at a time when the industry is […]

Business

Ottawa mulls exempting more workers from Canada-U.S. border shutdown: Garneau

OTTAWA — Foreign Affairs Minister Marc Garneau says Ottawa is looking at expanding the categories of essential workers allowed to travel across the Canada-U.S. border. He told a parliamentary committee Thursday that could mean allowing technicians in the integrated auto industry to be considered essential workers for cross-border purposes. “We are specifically talking about different […]

Business

Policy-makers should tackle housing supply with more density, transit: CIBC CEO

THE CANADIAN PRESS TORONTO — The head of Canadian Imperial Bank of Commerce says policy-makers should dramatically increase the country’s housing supply, as sales and prices soar to record levels in cities including Toronto and Vancouver. CIBC chief executive Victor Dodig said heated housing conditions could be alleviated with more urban and suburban density, along […]