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GM Canada to keep Maven car-sharing in Toronto as number of U.S. cities reduced

GM Canada to keep Maven car-sharing in Toronto as number of U.S. cities reduced

TORONTO — General Motors will continue to operate its Maven car-sharing service in Toronto despite plans to pull out of eight North American markets, including New York City and Chicago.
IMF urges Canada to stay course on housing, speed up internal trade revisions

IMF urges Canada to stay course on housing, speed up internal trade revisions

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund.
American Airlines cuts bag fees for some sports, music gear

American Airlines cuts bag fees for some sports, music gear

FORT WORTH, Texas — American Airlines says it's cutting the cost of checking oversized sporting gear and musical instruments on flights.
US home sales fell 0.4% in April amid limited supply

US home sales fell 0.4% in April amid limited supply

WASHINGTON — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses.
Jamie Oliver's UK restaurant chain collapses into insolvency

Jamie Oliver's UK restaurant chain collapses into insolvency

LONDON — Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial districts.
Norbord suspends production at northern Alberta mill due to wildfires

Norbord suspends production at northern Alberta mill due to wildfires

TORONTO — Norbord Inc. says it has temporarily suspended production as an oriented strand board mill in northern Alberta due to wildfires in the region. The company says it stopped production at the mill in High Level, Alta.
Rogers to launch new Internet of Things service in Ontario in step towards 5G

Rogers to launch new Internet of Things service in Ontario in step towards 5G

TORONTO — Rogers Communications Inc. says it will launch a new wireless service that's optimized for connecting stationary sensors and similar data-collection devices to the internet.
Fairfax Financial says chief financial officer David Bonham died suddenly

Fairfax Financial says chief financial officer David Bonham died suddenly

TORONTO — Fairfax Financial Holdings Ltd. says chief financial David Bonham died suddenly during the weekend. Fairfax chief executive Prem Watsa says the entire Fairfax family mourns the sudden and unexpected loss.
CPPIB investing $200 million for stake in specialty food company Premium Brands

CPPIB investing $200 million for stake in specialty food company Premium Brands

VANCOUVER — The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp.
Huawei apt to be stripped of Google services after US ban

Huawei apt to be stripped of Google services after US ban

Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse.