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National Business

Uber reveals coverup of hack affecting 57M riders, drivers

Uber reveals coverup of hack affecting 57M riders, drivers

SAN FRANCISCO — Uber is coming clean about its coverup of a year-old hacking attack that stole personal information about more than 57 million of the beleaguered ride-hailing service's customers and drivers.
Disney Animation, Pixar chief John Lasseter taking leave

Disney Animation, Pixar chief John Lasseter taking leave

LOS ANGELES — Just days before Pixar's "Coco" is set to hit theatres , Pixar co-founder and Walt Disney Animation chief John Lasseter announced he is taking a six-month leave of absence citing "missteps" with employees.
AT&T suit may herald a new antitrust era - or Trumpian pique

AT&T suit may herald a new antitrust era - or Trumpian pique

NEW YORK — The Trump administration's decision to oppose the $85 billion AT&T-Time Warner merger may be clouded by suspicions of political influence.

Iran-based hacker charged with trying to extort HBO

NEW YORK — An Iran-based hacker plotted to extort HBO out of $6 million by threatening to release stolen episodes and scripts of hit shows, such as "Game of Thrones," at one point taunting the network with a twist on a catch phrase form that series:
Meg Whitman stepping down as HP Enterprise CEO

Meg Whitman stepping down as HP Enterprise CEO

NEW YORK — Meg Whitman, who oversaw the breakup of one of Silicon Valley's pioneering companies, is stepping down as CEO of Hewlett Packard Enterprise Co.
U.S. hedge fund reports owning more than a 5% stake in Obsidian Energy

U.S. hedge fund reports owning more than a 5% stake in Obsidian Energy

CALGARY — Activist investor FrontFour Capital says it will attempt to influence decisions at Calgary-based Obsidian Energy Ltd. (TSX:OBE) after accumulating more than 27 million shares. The Greenwich, Conn.

Nevsun Resources loses B.C. appeal to move human rights lawsuit to Eritrea

VANCOUVER — The British Columbia Court of Appeal has dismissed an appeal by Nevsun Resources (TSX:NSU) to have a human rights case against the miner moved to the Eritrea.

State gives initial OK for $5.6M to help Icahn raze casino

ATLANTIC CITY, N.J. — A New Jersey redevelopment agency has given preliminary approval to a $5.6 million payment to billionaire investor Carl Icahn to help pay for the demolition of part of Atlantic City's former Trump Plaza casino.
TSX up in broad-based advance, as U.S. stocks hit new record highs

TSX up in broad-based advance, as U.S. stocks hit new record highs

TORONTO — It was a positive day on both sides of the border as Canada's main stock index pushed higher and U.S. stocks hit new record highs. The S&P/TSX composite index advanced 72.25 points to 16,076.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,076.65, up 72.25 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 22 cents, or 3.76 per cent, to $6.07 on 12.5 million shares.