Business

Fiat Chrysler in talks with Foxconn to develop electric cars

January 17, 2020

MILAN — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat ...

Toyota shifting pickup production to Mexico, no US jobs lost

January 17, 2020

PRINCETON, Ind. — Toyota will stop making its Tacoma small pickup in San Antonio next year as it shifts production to Mexico, but the company says no U.S. jobs will be ...

BMW recalls about 357K vehicles for Takata air bag inflators

January 17, 2020

DETROIT — BMW is recalling nearly 357,000 older vehicles in the U.S. to replace dangerous Takata front air bag inflators. The inflators are among 10 million sold to 14 ...

Best Buy says it is reviewing allegations made against CEO

January 17, 2020

NEW YORK — Best Buy said it is investigating CEO Corie Barry after receiving an anonymous letter making allegations against her.Best Buy declined to reveal the allegations ...

Bombardier's financial challenges worry ratings agencies, prompting downgrades

January 17, 2020

MONTREAL — Three major rating agencies have voiced concerns over the finances of Bombardier Inc., whose future is being questioned as it considers options to raise its more ...

Closed mills, housing surge support positive forecast for lumber, OSB industries

January 17, 2020

CALGARY — Financial analysts say Canadian production cutbacks and a consumer-driven recovery in housing starts in the United States could mean better times for lumber and ...

Employers post fewer jobs in November

January 17, 2020

WASHINGTON — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level.The Labor Department reported Friday ...

TSX expected to shatter records in 2020 after gaining 2.9 per cent to start year

January 17, 2020

TORONTO — Canada's main stock index is expected to shatter records in 2020 after starting the year up nearly three per cent to date, says an investment expert.The S&P/TSX ...

US industrial production fell 0.3% in December

January 17, 2020

WASHINGTON — U.S. industrial production fell 0.3% in December, as unseasonably warm weather reduced demand for heating from utilities.The Federal Reserve said Friday that ...

Truck slams into Illinois Starbucks; 4 sent to hospitals

January 16, 2020

MCHENRY, Ill. — A pickup truck slammed into an Illinois Starbucks on Thursday, injuring several people and causing massive damage to the coffee shop, police said.Patrick ...

Gap dumps plans to spin off Old Navy as a separate entity

January 16, 2020

NEW YORK — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company.The retailer said Thursday that its board scuttled the move after determining ...

CSA issues guidance on when crypto trades may be outside securities laws

January 16, 2020

MONTREAL — Securities regulators in Canada have issued clarification around when a cryptocurrency trade may fall outside of securities laws as part of an evolving ...

Cargo volumes fall as water levels rise on the St. Lawrence Seaway

January 16, 2020

CORNWALL, Ont. — The St. Lawrence Seaway saw ...

North American stock markets set record highs on positive economic data

January 16, 2020

TORONTO — North American stock markets extended ...

Sorting accumulated investment clutter key to worry-free retirement plan

January 16, 2020

CALGARY — A long life of assorted jobs, good ...

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Super league curling hits the ice in Canora

December 22, 2019

Duck Mountain Super League curlers arrived in Canora December 10 where they enjoyed keen ice, a well-lit playing surface, and plenty of competition. Local curling fans ...

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Canadians losing sleep over money, finances and employment

January 13, 2020

If you have not been bombarded by mattress commercials on television over the past six months, consider yourself lucky. Whether you are watching a sitcom, the news or ...