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FCA to end third shift at Windsor Assembly Plant in June, affecting 1,500 workers

FCA to end third shift at Windsor Assembly Plant in June, affecting 1,500 workers

WINDSOR, Ont. — Fiat Chrysler Automobiles is cutting the third shift at its Windsor Assembly Plant beginning June 29. The automaker says it notified Unifor Thursday about the change that will affect about 1,500 employees.
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US economy grew at 2.1% rate in Q4 but virus threat looms

US economy grew at 2.1% rate in Q4 but virus threat looms

WASHINGTON — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year.
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In scramble to stop virus, testing raises tough questions

In scramble to stop virus, testing raises tough questions

NEW YORK — Health officials confronted tough questions and doubts Thursday about testing to intercept the fast-spreading virus, with scrutiny focused on a four-day delay in screening an infected California woman despite her doctors’ early calls to do
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Vancouver port CEO warns of coronavirus woes as China trade continues to ebb

Vancouver port CEO warns of coronavirus woes as China trade continues to ebb

The head of Canada’s largest port says the novel coronavirus is eating into trade following a year that saw cargo volumes dip.
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TSX plunges before trading halt while U.S. on path to worst week since 2008

TSX plunges before trading halt while U.S. on path to worst week since 2008

TORONTO — Canada's main stock index plunged for a fifth straight day before trading was prematurely halted while U.S. markets were in correction territory on the path to their worst weekly performance since the financial crisis.
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Maple Leaf raises dividend on outlook for growth of meat and plant operations

Maple Leaf raises dividend on outlook for growth of meat and plant operations

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. increased its dividend as it anticipates profitable growth this year from its meat operations and revenues increasing by 30 per cent from its plant protein group.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,717.44, down 324.48 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down six cents, or 5.08 per cent, to $1.12 on 8.
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National Bank reports Q1 profit up from year ago, beats expectations

National Bank reports Q1 profit up from year ago, beats expectations

MONTREAL — National Bank of Canada took a charge relating to a tax-fraud investigation but nonetheless topped expectations, reporting a 10-per-cent profit jump in its latest quarter.
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TD Bank raises dividend, but Q1 profit falls short of expectations

TD Bank raises dividend, but Q1 profit falls short of expectations

Toronto Dominion Bank Group marked the start of its financial year by being the only member of the Big Six to fall short of analyst expectations. The Toronto-based bank reported Thursday a first-quarter profit of $3 billion, up from $2.
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HBC chairman Richard Baker wins shareholder approval to take retailer private

HBC chairman Richard Baker wins shareholder approval to take retailer private

TORONTO — Hudson's Bay Co. executive chairman Richard Baker has won shareholder approval to take the retailer private after months of trying to appease rival shareholders and making a trip to the Ontario Securities Commission.
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