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National Business

Report: Newspaper chains Gannett, GateHouse in merger talks

NEW YORK — Two of the country's largest newspaper companies are in "advanced talks" to combine. That's according to a Wall Street Journal report that cites unidentified people familiar with the matter. The Journal says that Gannett Co.
Boeing to take a $4.9 billion charge over grounded jet

Boeing to take a $4.9 billion charge over grounded jet

DALLAS — Boeing says it will take a $4.9 billion charge to cover possible compensation to airlines whose Max jets remain grounded after two deadly accidents.

RNC Minerals CEO resigns for personal reasons effective immediately

TORONTO — RNC Minerals says its president and chief executive has resigned effective immediately for personal reasons. Mark Selby was appointed CEO in 2014, about four years after joining Royal Nickel Corp.
Critics and industry clash over accuracy of Alberta well cleanup cost estimates

Critics and industry clash over accuracy of Alberta well cleanup cost estimates

CALGARY — An Alberta coalition that says oil and gas producers are lowballing how much it will cost to clean up their wellsites is being accused by the head of the Alberta Orphan Well Association of overstating those numbers.
North American stock markets end two-day slide as gold prices offset lower oil

North American stock markets end two-day slide as gold prices offset lower oil

TORONTO — North American stock markets ended a two-day slide with mixed U.S. corporate earnings reinforcing expectations of interest rate cuts.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,494.23, up 10.02 points ). Bombardier Inc. (TSX:BBD.B). Down eight cents, or 3.64 per cent, to $2.12 on 9.5 million shares. Barrick Gold Corp.
Mnuchin: Negotiators agree on core elements of budget deal

Mnuchin: Negotiators agree on core elements of budget deal

WASHINGTON — Treasury Secretary Steven Mnuchin said Thursday that negotiators have reached an agreement on the core elements of a deal to increase the government's borrowing cap and set a $1.
Hibernia suspends oil production after 12,000-litre spill off Newfoundland

Hibernia suspends oil production after 12,000-litre spill off Newfoundland

ST. JOHN'S, N.L. — Oil production is temporarily shut down on the Hibernia oil platform off Newfoundland's east coast after about 12,000 litres spilled out of a storage container into the ocean.
Anime studio hit by deadly fire is known for skill, fan base

Anime studio hit by deadly fire is known for skill, fan base

TOKYO — It may not be as famous as Japanese anime legend Studio Ghibli, but Kyoto Animation has many core fans and is known as a team of skilled animators that provides top-quality work for others and can produce its own hits, such as "Lucky Star," '
Ontario Real Estate Association calls on Ottawa for relaxed mortgage rules

Ontario Real Estate Association calls on Ottawa for relaxed mortgage rules

TORONTO — The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.