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China's Xi promotes building initiative amid debt worries

China's Xi promotes building initiative amid debt worries

BEIJING — President Xi Jinping has promised to set high standards for China's Belt and Road infrastructure-building initiative, seeking to dispel complaints the many billion dollars in projects leave developing countries with too much debt.

Video game effort could help regulate future drone traffic

SALT LAKE CITY — Drones ferrying medical supplies, packages and even pizza could one day be crisscrossing the skies above U.S.
Ford posts better than expected results in 1Q

Ford posts better than expected results in 1Q

Ford earnings fell in the first quarter, but the automaker's shares rallied in extended trading as Ford said a restructuring is starting to take hold.
Florida lawmakers disagree on funding state's tourism agency

Florida lawmakers disagree on funding state's tourism agency

THE EVERGLADES, Fla. — On a balmy Monday morning, Elina Llamas sat in the second row of an airboat as it powered through the largest tropical wilderness in the United States.

Ontario Chamber of Commerce asks government to abandon gas pump sticker plan

TORONTO — Forcing gas station operators to display Ontario government stickers on the federal carbon tax violates their rights and freedoms, the province's chamber of commerce said Thursday as it asked the Progressive Conservatives to reverse their d
West Fraser misses first quarter analyst expectations as earnings plunge

West Fraser misses first quarter analyst expectations as earnings plunge

VANCOUVER — West Fraser Timber Co. Ltd. says earnings dropped significantly in the last quarter as the company felt the impact of lower production and demand.
Aecon beats expectations as first-quarter loss cut in half on higher revenues

Aecon beats expectations as first-quarter loss cut in half on higher revenues

TORONTO — Aecon Group Inc. beat analyst expectations as its net loss was cut by more than half in the first quarter on a 20-per-cent growth in revenues and a higher backlog. The Toronto-based construction firm says it lost $9.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,576.10, down 10.42 points ). Bombardier Inc. (TSX:BBD.B). Industrials. Down 44 cents, or 15.07 per cent, to $2.48 on 75.8 million shares.
Bombardier weighs on Toronto stocks, U.S. markets mixed on earnings reports

Bombardier weighs on Toronto stocks, U.S. markets mixed on earnings reports

TORONTO — Canada's main stock index fell for a second day since breaching a new high as Bombardier Inc.'s weakened outlook weighed on the key industrials sector. The S&P/TSX composite index closed down 10.42 points at 16,576.
Bombardier shares plunge after company slashes revenue forecast by US$1B

Bombardier shares plunge after company slashes revenue forecast by US$1B

MONTREAL — Bombardier Inc. cut its revenue and profit forecast for 2019, citing production problems at its train-making unit and triggering a plunge in the company's shares as analysts questioned the company's credibility.