National Business

TORONTO (AP) — Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that could bring significant economic harm to businesses and consumers in Canada and the U.S.

Canada's largest railway has locked out its employees and halted all trains after Canadian National and its workers couldn't agree on a new contract before a 12:01 a.m. deadline.

MAPLE RIDGE, B.C. — A city councillor in Maple Ridge, B.C., worries about the potential shut down of the Lower Mainland's major commuter train in the event of a national rail stoppage. Coun.

ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.

TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.

MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.

PORTICELLO, Sicily (AP) — Divers searching the wreck of a superyacht that sank off Sicily found the bodies of five passengers Wednesday, leaving one still missing as questions intensified about why the vessel sank so quickly when a nearby sailboat re

TORONTO — Canada's main stock index rose on Wednesday, helped by strength in base metals and technology, while U.S.

NEW YORK (AP) — U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%.

An impending labour stoppage on Canada's two national railways has riled industry groups who worry consumers and businesses will be hit hard if goods ranging from grains to french fries to petrochemicals can't be moved. Canadian National Railway Co.