Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
An update is planned for the Cirque du Soleil story.
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TOP STORIES:
Teck says weather, COVID-19 hitting results
Teck-Sales-Weather
Vancouver, British Columbia, Canada -- Teck Resources Ltd. said Friday that its coal sales fell below its guidance because of extreme weather in British Columbia and warned that COVID-19 was leading to higher costs and could disrupt production. Words: 466, Photos: 1
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Saudi Arabia, Cirque du Soleil reach deal on shows
Cirque-Saudi-Arabia
Montreal, Quebec, Canada -- Saudi Arabia and Cirque du Soleil have reached a deal that could see the struggling circus company perform a slew of shows in the kingdom. By Christopher Reynolds. Words: 494
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Cineplex seeking other damages in Cineworld case
Cineplex-Court
Toronto, Ontario, Canada -- Cineplex Inc. has filed a cross appeal asking for even higher alternative damages, if a court overturns a ruling that forced the theatre company's once-suitor Cineworld Group PLC to pay $1.24 billion. By Tara Deschamps. Words: 439, Photos: 1
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Ottawa posts $73.7B deficit for April-November
Fiscal-Monitor
Ottawa, Ontario, Canada -- The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. Words: 128, Photos: 1
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S&P/TSX composite slips as materials fall
Dollar-Markets
Toronto, Ontario, Canada -- Canada's main stock index was down slightly in late-morning trading as industrials and materials fell, while U.S. stock markets were mixed. Words: 147, Photos: 1
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A key inflation gauge rose 5.8% in 2021, most in 39 years
US-Consumer-Spending
Washington, District of Columbia, United States -- A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture, appliances and other goods. By Christopher Rugaber. Words: 620, Photos: 1
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