Skip to content
1.4 °Cforecast >
! Light Drizzle

National Business

US industrial production rose 0.9 per cent in December

US industrial production rose 0.9 per cent in December

WASHINGTON — The Federal Reserve says U.S. industrial production rose 0.9 per cent in December, pulled higher by a surge in utility output, another sign of health for the American economy. Utility production shot up 5.
Saudi Arabia to transfer $2 billion after urgent Yemen plea

Saudi Arabia to transfer $2 billion after urgent Yemen plea

RIYADH, Saudi Arabia — Saudi Arabia's King Salman ordered the transfer of $2 billion to Yemen on Wednesday, a day after Yemen's Saudi-backed prime minister made an urgent appeal on the kingdom and its allies to save the local currency from "complete
Japanese public TV says staffer sent missile alert in error

Japanese public TV says staffer sent missile alert in error

TOKYO — Japanese public broadcaster NHK says its erroneous alert of a North Korean missile fired at Japan was sent by a staff member who meant to file a different news flash.
Conservatives balk at GOP plan to avert government shutdown

Conservatives balk at GOP plan to avert government shutdown

WASHINGTON — Disgruntled conservatives threatened late Tuesday to scuttle Republican leaders' plans to prevent a weekend government shutdown, saying GOP leaders now lack the votes to push their proposal through the House.

Canadian Western Agribition in Regina spurs Saskatchewan economy: report

REGINA — A new study says Canadian Western Agribition in Regina pumped $73 million into Saskatchewan's economy last year.
Short seller sues Home Capital Group, 3 former executives for $4M in damages

Short seller sues Home Capital Group, 3 former executives for $4M in damages

TORONTO — A short seller is suing Home Capital Group (TSX:HCG) and three former executives for $4 million, alleging the alternative mortgage lender's false representations scandal cost him millions when he closed his position early.
GE to pay $15B for past mistakes amid breakup speculation

GE to pay $15B for past mistakes amid breakup speculation

SAN FRANCISCO — General Electric Co. will pay $15 billion to make up for the miscalculations of an insurance subsidiary as a new regime weighs future changes that could culminate in a breakup of a company conceived in the industrial age.
Magna to increase investments in electrification and vehicle autonomy

Magna to increase investments in electrification and vehicle autonomy

Magna International Inc. is increasing its bet on electric and autonomous vehicles by investing more in these areas in anticipation of long-term returns, its chief executive said Tuesday.

Valeant says California judge gives preliminary approval to Allergan settlement

LAVAL, Que. — Valeant Pharmaceuticals International Inc. says a U.S.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,298.88, down 72.93 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 41 cents, or 3.57 per cent, to $11.91 on 25.7 million shares.