Business

Air Canada stock hits new high on news of exclusive talks to buy Transat AT

MONTREAL — Air Canada’s interest in buying rival Transat AT Inc. for…

Boeing finishes software update for grounded airliner

Boeing says it has finished with its updates to the flight-control software…

Southern Alberta city pulls plug on $13-million solar power project

CALGARY — The southern Alberta city of Medicine Hat is pulling the…

Activists occupy German pipeline in anti-Nord Stream protest

BERLIN — Police say activists have occupied a building site in northern…

  • May 16, 2019

Transat in exclusive talks with Air Canada to be acquired for $13 per share

MONTREAL — Transat AT Inc. is in exclusive talks with Air Canada,…

XPRIZE to award $10M for software teaching children to read

LOS ANGELES — The challenge was to develop software that could easily…

Atco wins $70M contract to house workers cleaning up after Paradise wildfire

CALGARY — A second Canadian company is going to Paradise to help…

Self-driving vehicle pulled over by curious police officer

PROVIDENCE, R.I. — A self-driving shuttle got pulled over by police on…

Huawei exec: Possible U.S. market curbs have little impact

BEIJING — A Huawei executive said Wednesday that possible new U.S. restrictions…

Canadian inflation rises in April gas prices strengthen from carbon pricing

OTTAWA — Canada’s annual inflation rate picked up its pace in April…

Canadian home sales climb higher in April, boosted by Toronto and Montreal

OTTAWA — Home sales in April posted their first year-over-year increase since…

N.S. mine where roof collapsed allowed limited production increase

DONKIN, N.S. — Nova Scotia’s Labour Department has allowed a limited increase…

  • May 15, 2019

CPP Investment Board posts 8.9% return for 2018-19, adds $35.9B to assets

TORONTO — Canada Pension Plan Investment Board recovered from a weak quarter…

Burger King parent plans to accelerate global growth

NEW YORK — The company that owns the Burger King, Popeyes and…

Aurora Cannabis growing storage to prepare for derivatives launch next fall

Aurora Cannabis Inc. is building up inventory in anticipation of the legalization…

Mnuchin optimistic on trade battles Wall Street approves

WASHINGTON — Treasury Secretary Steven Mnuchin said Wednesday that the U.S. is…

Trump issues order that appears to target China’s Huawei

WASHINGTON — President Donald Trump issued an executive order Wednesday to help…

Canadian drug makers hit with $1.1B suit for pushing opioids despite risks

TORONTO — Canadian drug makers enriched themselves at the expense of vulnerable…

Heating up: Investors’ green targets go beyond just big oil

NEW YORK — It’s not just big oil and power companies that…

  • May 15, 2019

Canadian inflation rises in April; gas prices strengthen from carbon pricing

OTTAWA — Canada’s annual inflation rate picked up its pace in April…