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Drugmaker Mallinckrodt reaches $1.6B opioid settlement

Drugmaker Mallinckrodt reaches $1.6B opioid settlement

The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.
Thomson Reuters names Steve Hasker new CEO, tops Q4 expectations, raises dividend

Thomson Reuters names Steve Hasker new CEO, tops Q4 expectations, raises dividend

TORONTO — Thomson Reuters says Steve Hasker has been appointed as the company's next president and chief executive. He will replace Jim Smith, who will become chairman of the Thomson Reuters Foundation.
World shares mostly lower after Dow drops more than 1,000

World shares mostly lower after Dow drops more than 1,000

Shares opened lower in Europe on Tuesday after a mixed session in Asia, where Tokyo's Nikkei 225 index skidded more than 3% as Prime Minister Shinzo Abe urged fresh efforts to contain the outbreak of a new virus that has spread from China to nearly t
Nova Scotia Liberals expected to table fifth consecutive balanced budget

Nova Scotia Liberals expected to table fifth consecutive balanced budget

HALIFAX — Nova Scotia's Liberal government is expected to table its fifth consecutive balanced budget today, and opposition leaders believe it could point towards an early election call this year.
Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.
Costs, delays scuttle 124-mile Constitution Pipeline project

Costs, delays scuttle 124-mile Constitution Pipeline project

ALBANY, N.Y.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange ( 17,562.74, down 280.79 points.) Acerus Pharmaceuticals Corp. (TSX:ASP). Health care. Up one cent, or 20 per cent, to six cents on 14.
U.S. markets suffer worst day in two years on coronavirus concerns

U.S. markets suffer worst day in two years on coronavirus concerns

TORONTO — U.S. stock markets suffered their worst day in more than two years Monday while Canada's main stock index posted a triple-digit decline amid concerns stemming from an increase in new cases of the novel coronavirus outside of China.
Coalition tells CRTC more affordable wireless options are needed

Coalition tells CRTC more affordable wireless options are needed

GATINEAU, Que. — A coalition of groups representing consumers, low-income and Indigenous people in Manitoba told the CRTC Monday that "Canadians have waited long enough" for high-quality mobile wireless services at an affordable price.
New alliance formed in N.B. to promote development of small nuclear reactors

New alliance formed in N.B. to promote development of small nuclear reactors

SAINT JOHN, N.B. — A new alliance has been formed to promote the development of small nuclear reactors and other energy technologies in Atlantic Canada.
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