National Business

DETROIT — Volkswagen of America issued false statements this week saying it would change its brand name to “Voltswagen,” to stress its commitment to electric vehicles, only to reverse course Tuesday and admit that the supposed name change was a joke.

TORONTO — The owner of Billy Bishop Toronto City Airport is looking for a private sector investor to operate the downtown island airport as the industry continues to struggle from the impact of COVID-19.

WATERLOO, Ont. — BlackBerry Ltd. shares fell in after-hours trading after the cybersecurity technology and automotive software company reported a US$315-million loss and disappointing revenue for its fourth-quarter.

VANCOUVER — Lululemon Athletica Inc. says its e-commerce business continued to accelerate as the retailer capped its fiscal year with revenue soaring 24 per cent in its most recent quarter.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,705.56, down 13.66 points.) Bank of Nova Scotia. (TSX:BNS). Financials. Up 18 cents, or 0.23 per cent, to $79.

TORONTO — A drop in gold prices moved the key metals and mining sector lower and stood in the way of a positive day for Canada's main stock index on Tuesday. "There's clearly some significant pressure on the gold names.

SALT LAKE CITY — Two members of “The Real Housewives of Salt Lake City” reality television show were arrested Tuesday on federal fraud charges alleging that they used a business to cheat hundreds of people nationwide over a 10-year period in a telema

ALBUQUERQUE, N.M. — Virgin Galactic rolled out its newest spaceship Tuesday as the company looks to resume test flights in the coming months at its headquarters in the New Mexico desert.

TORONTO — When Dialogue Health Technologies Inc. made its Toronto Stock Exchange debut Tuesday morning, there was no traditional market opening with staff packing a room cheering and hugging amid a shower of confetti.

CHARLOTTETOWN — A promotion launched by the P.E.I. government to get people back into Island restaurants proved such a success the government increased its funding by $375,000.