Business

Business

5 months ago

NLC reports liquor sales down in second quarter

NLC reported net earnings for the quarter of $56.3 million, a decrease of $3.7 million, or 6.2%,compared with Q2 of fiscal year 2024-25. The liquor corporation says the decrease is due to reduced gross profit on beverage alcohol sales, partly due to the removal of higher-margin U.S. products, and a decline in beer commission revenue. […]

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5 months ago

Long-standing family-owned business on Northern Peninsula destroyed by fire

A long-standing family-owned business on the Northern Peninsula was destroyed by fire on Thursday. As NTV’s Becky Daley tells, it was a challenge for fire crews as there were explosions during the blaze.

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5 months ago

Frank Howard, President of Capital Auto Group, passes away

Capital Auto Group has shared that their President and Founder, Frank Howard, passed away on December 4 surrounded by his family, after a courageous battle with cancer. For over 50 years, Frank was a dynamic and influential leader in Newfoundland and Labrador’s business and automotive community. From humble beginnings and a single dealership, he built […]

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5 months ago

New report predicts food prices will increase by 5 per cent in 2026

The annual Canada’s Food Price report was released today, and it predicts food prices will increase by an average of five per cent in 2026. NTV’s Bailey Howard reports.

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