National Business

CALGARY — The CEO of Canadian National Railway Co. says his company's bid for Kansas City Southern will create a combined "safer, faster, cleaner and stronger railway" than the one proposed by rival Canadian Pacific Railway Ltd.

TORONTO — Canada's main stock index had its worst day in nearly seven weeks on profit-taking following record highs and investor sentiment being weighed down by high COVID-19 infection rates. The S&P/TSX composite index closed down 163.

TORONTO — A union that represents food and commercial workers says Tuesday decisions by Toronto and its neighbouring Peel Region to temporarily close businesses with COVID-19 outbreaks is a "reactive measure" that doesn't go far enough.

ATLANTA — A group of religious leaders is calling for a boycott of Georgia-based Home Depot, saying the home improvement giant hasn't done enough to oppose the state's new voting laws.

NEW YORK — Dogecoin had its day.

SILVER SPRING, Md. — Global warming emissions are expected to spike this year as the world emerges from the coronavirus pandemic and economies begin to recover. Worldwide energy-related carbon dioxide emissions could surge by 1.

Boeing's board of directors raised the mandatory retirement age for CEO David Calhoun from 65 to 70 just days after he turned 64.

MONTREAL — SNC-Lavalin says the World Bank has given the Quebec engineering firm an early reprieve from its list of banned companies over corruption tied to contracts in Bangladesh and Cambodia .

TORONTO — A book tracing the origins of today's trade wars has won the Lionel Gelber Prize.

NASHVILLE — The former top distiller at Jack Daniel's announced on Tuesday that he and several partners are opening a new whiskey distillery near the Great Smoky Mountains in Tennessee.