Ad giant WPP pulls dividend, buyback and outlook

FILE PHOTO: The corporate logo of WPP is seen in this picture from 2018, obtained July 12, 2019. WPP/Handout via REUTERS LONDON (Reuters) - WPP (WPP.L), the world’s biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing number of cancelations from…

Whitehorse businesses move to phone and online sales amid COVID-19 precautions

Many small businesses in Whitehorse are laying off staff, reducing hours and locking their front doors, but that doesn't mean they're shutting up shop completely.  Instead, they are moving to contactless sales by delivering products to customers without any direct person-to-person interaction. Adapting on the fly The Coast Mountain Sports store is closed to the public but staff…

How the COVID-19 pandemic is 'driving innovation' in Canada and around the world

Around the world, people are finding new ways to fight the novel coronavirus pandemic and protect those on the front lines. Joelle Foster, the chief executive officer of North Forge, a Winnipeg-based tech company, says the people in Manitoba should be learning from these creative approaches."If you look at anything that has been eradicated —…

'I'm phobic of debt': Small business owners not in love with federal government's emergency loans

Canadian small business owners listened closely to Prime Minister Justin Trudeau and Finance Minister Bill Morneau on Friday as they announced the federal government's plans to help small businesses survive the financial crisis of COVID-19. Many were encouraged by the new 75 per cent wage subsidy. Others were disappointed to hear that a big portion of the…