By Jeff Martin The Associated Press ATLANTA — One of the nation’s largest railroads must replace millions of defective wooden railroad ties on its tracks because they’re degrading faster than expected, the company said in a federal lawsuit. Norfolk Southern Railway blames an Alabama company that produced its railroad ties […]
National Business
By Pan Pylas The Associated Press LONDON — The appetite for mergers and acquisitions remains near a record high as firms try to adapt to fast technological changes and despite a welter of geopolitical concerns, a survey of executives found Monday. In its half-yearly report of mergers and acquisitions, or […]
The Canadian Press TORONTO — UPS Canada is launching a new cargo bike delivery pilot project in Toronto this week as part of a broader green initiative. The shipping company says the pilot will run for six to eight months using a custom-made cargo bike to deliver packages in and […]
The Associated Press PARIS–Blame the croissant. French pastries–and butter–have become so popular abroad that the increased demand led to a mini shortage of the dairy product in French supermarkets. According to the body in charge of listing the cost of foods, the price of butter rose 60 percent in August […]
By Rod McGuirk THE ASSOCIATED PRESS CANBERRA, Australia — The Australian auto manufacturing era is about to end after more than 90 years when General Motors Co.’s last Holden sedan rolls off the production line in the industrial city of Adelaide on Friday. The nation has already begun mourning the […]
The Associated Press LONDON — Royal Dutch Shell is opening its first electric vehicle recharging points at three gas stations in Britain, part of the oil giant’s efforts to respond to a global push toward zero-emission vehicles. Three charging stations are opening Wednesday at locations in London, Surrey and Derby, […]
The Associated PressRob Gillies TORONTO–Canadian plane-maker Bombardier announced yesterday it has sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost. U.S. rival Boeing called it a questionable deal by two state-subsidized competitors. The move comes after lacklustre sales and after […]
The Canadian Press MONTREAL — A U.S. court has dismissed a racketeering lawsuit launched by Resolute Forest Products against Greenpeace and other environmental groups. The United States District Court for the Northern District of California dismissed claims filed against Greenpeace, Stand.earth and individuals under the Racketeer Influenced and Corrupt Organizations […]
By Paul Wiseman The Associated Press WASHINGTON — The North American Free Trade Agreement is in its 23rd year. But there are growing doubts that it will survive through its 24th. President Donald Trump has threatened to withdraw from the agreement if he can’t get what he wants in a […]
The Associated Press TORONTO — Sears Canada Inc. said Tuesday it is seeking court approval to liquidate its roughly 130 remaining stores, leaving approximately 12,000 employees without a job. The embattled retailer has been operating under the Companies’ Creditors Arrangement Act since June. It said that it had failed to […]
By Dake Kang The Associated Press YOUNGSTOWN, Ohio — Ira Gerhart finally found a place last year to fulfil his yearslong dream of opening a brewery: a 1923 Presbyterian church. It was cheap, charming and just blocks from downtown Youngstown. But soon after Gerhart announced his plans, residents and a […]
The Associated PressRob Gillies TORONTO–Pipeline company TransCanada said today it’s cancelling a plan to pipe 1.1 million barrels of oil per day from Western Canada to the Atlantic coast. TransCanada CEO Russ Girling said in a statement that “after careful review of changed circumstances, we will be informing the National […]
