National Business

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.

Major North American indexes continued to plunge Thursday as news of large-scale cancellations failed to ease investors' concerns about the spread of the novel coronavirus pandemic.

MONTREAL — Travel company Transat AT Inc. has seen daily bookings drop off since late February, with a steep year-over-year decline this month as travel fears spread with COVID-19.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (12,508.45 points, down 1,761.64 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down 19 cents, or 22.89 per cent, to $0.64 on 29.

VANCOUVER — Teck Resources Ltd. is doubling down on its greenhouse gas emissions targets, announcing it will aim to reduce carbon intensity in its operations by 33 per cent over the next 10 years.

MONTREAL — Bombardier Inc.'s new CEO comes on board as the debt-laden plane-and-train maker faces a new future as a pure-play producer of business jets, a cyclical industry bracing for a potential economic storm.

MONTREAL — Quebecor Inc.'s quarterly dividend will rise 78 per cent with its next payment to shareholders in April, the company announced Thursday along with a higher fourth-quarter profit and adjusted earnings that beat analyst estimates.

CALGARY — A deal to sell its Pioneer Pipeline will help insulate Calgary-based Tidewater Midstream and Infrastructure Ltd. from a "severe downturn" that's afflicted the energy industry for the past three years, the company's CEO said Thursday.

WASHINGTON — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasury bonds.

NEW YORK — Multi-platinum rock band Third Eye Blind had never cancelled a tour, even when its members “all had salmonella poisoning and we were all green and vomiting,” as bandleader Stephan Jenkins put it.