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Ford cutting 1,400 US salaried jobs with retirement offers

Ford cutting 1,400 US salaried jobs with retirement offers

DEARBORN, Mich. — Ford Motor Co. will offer early retirement incentives with hopes of cutting its U.S. white-collar workforce by 1,400 more positions.
Mercedes-Benz unveils new flagship S-Class sedan

Mercedes-Benz unveils new flagship S-Class sedan

FRANKFURT — Daimler AG on Wednesday unveiled the new version of its Mercedes-Benz S-Class luxury sedan, the company's most important model and one it hopes will generate fat profits to help the Stuttgart-based automaker through the COVID-19 recession
Keyera names Setoguchi as its next CEO, Smith to retire at the end of 2020

Keyera names Setoguchi as its next CEO, Smith to retire at the end of 2020

CALGARY — Keyera Corp. says president and chief commercial officer Dean Setoguchi will become its next chief executive after David Smith retires from the job at the end of the year.
Mnuchin says Trump still wants virus deal with Democrats

Mnuchin says Trump still wants virus deal with Democrats

WASHINGTON — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, chi
Black former franchisees sue McDonald's for discrimination

Black former franchisees sue McDonald's for discrimination

More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white franchisees.
Rona Ambrose to join Toronto-Dominion as deputy chairwoman of TD Securities

Rona Ambrose to join Toronto-Dominion as deputy chairwoman of TD Securities

Toronto-Dominion says former Conservative interim leader Rona Ambrose is joining the bank this month as deputy chairwoman of TD Securities.
WestJet boosts fees after Nav Canada rate hike, warns of further travel decline

WestJet boosts fees after Nav Canada rate hike, warns of further travel decline

WestJet Airlines Ltd. is raising its surcharges on domestic flights in response to a 30 per cent rate increase by Nav Canada, which operates air navigation across the country.

PetroChina and Ovintiv end joint venture deal, agree to split Alberta assets

CALGARY — PetroChina Canada Inc. says it will be hiring engineers and technical specialists as it creates a new operating team after the end of an eight-year partnership in an Alberta oilfield. PetroChina and Ovintiv Inc.
Oilsands diluent pipeline partly closed following spill near Fort McMurray

Oilsands diluent pipeline partly closed following spill near Fort McMurray

CALGARY — Operator Inter Pipeline Ltd. says it has partially shut down its Polaris pipeline system following a leak detected on Crown recreational land just east of the Fort McMurray airport in northern Alberta.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange ( 16,644.99, up 130.55 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 21 cents, or one per cent, to $21.14 on 12.9 million shares.