National Business

WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.

WASHINGTON — The U.S.

TORONTO — The president of Fairfax Financial Holdings Ltd. is retiring after 17 years with the company. However, Paul Rivett will remain chairman of certain Fairfax investees, including Recipe Unlimited and Fairfax Africa.

TORONTO — Ontario's Indigenous affairs minister said Thursday his federal counterpart must act quickly to resolve a rail blockade that has halted train traffic on a key provincial rail line for nearly a week.

CALGARY — The CEO of pipeline and power company TC Energy Corp. says he's "extremely disappointed" that police have had to be called in to allow the company to go ahead with construction of its Coastal GasLink pipeline.

Aurora Cannabis Inc.'s second quarter earnings were weighed down by a drop in cannabis production and the costs associated with ramping up efforts to roll out cannabis edibles and vapes.

HALIFAX — Chorus Aviation Inc. reported a net profit of $36.6 million in its latest quarter as revenue rose 1.5 per cent compared with a year ago. The regional aircraft company says profits amounted to 23 cents per share for the quarter ended Dec.

MONTREAL — Bombardier Inc. is selling its remaining stake in the A220 jetliner program, marking the end of its failed bid to take on the commercial aircraft duopoly of Airbus and Boeing Co.

TORONTO — North American stock markets were pulled lower Thursday by a sharp jump in the reported number of novel coronavirus cases in China.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (17,821.17, down 11.68 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 6.37 per cent, to $1.67 on 32.