National Business

NEW YORK — Reflecting a hunger for information about the coronavirus outbreak, last Thursday's episode of ABC's “World News Tonight” had more viewers than anything that aired in television's prime time last week.

VANCOUVER — HSBC Bank Canada says it will lower its prime lending rate by 50 basis points effective tomorrow. The bank says in a statement the rate will be 2.95 per cent — down from 3.45 per cent.

WASHINGTON — Ahead of an expected surge in coronavirus cases, President Donald Trump on Tuesday moved to blunt the impact of the pandemic on the U.S. economy, fundamentally altered by a push for a nation to stay home.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (12,685.21, up 324.81 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 1.64 per cent, to 60 cents on 23.

CALGARY — The sale of Halifax-based Emera Inc.'s Maine power utility to City of Calgary-owned Enmax Corp. is expected to be finalized after winning approval from a key state regulator.

BERLIN — Mass disruptions cascaded around the world Tuesday as governments struggled to slow the spread of the coronavirus while also trying to keep their economies afloat.

CALGARY — More energy industry dividends are being slashed as investors turn their backs on companies whose payouts are now unaffordable with oil prices plunging to less than US$30 per barrel. Calgary-based TORC Oil & Gas Ltd.

TORONTO — Entrepreneurs across the country worry they may have to shut down their companies because of the impact of the novel coronavirus — and they want the government to take action quickly.

NEW YORK — Stocks jumped Tuesday as President Donald Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.

Canadian airports are poised to lose $1.3 billion amid an ongoing global travel collapse triggered by COVID-19, says group representing the country's airports.