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Federal government sells stake in Ridley Terminals Inc. for $350 million

Federal government sells stake in Ridley Terminals Inc. for $350 million

TORONTO — The Canadian government has signed a deal to sell a 90 per cent stake in Ridley Terminals Inc. to a company owned by Riverstone Holdings and AMCI Group for $350 million.
MTY Food Group reports Q2 profit up from year ago, same-store sales edge higher

MTY Food Group reports Q2 profit up from year ago, same-store sales edge higher

MONTREAL — MTY Food Group Inc. reported a profit of $19.3 million in its latest quarter, up from $16.2 million in the same period last year.
US producer prices rise a modest 0.1% in June

US producer prices rise a modest 0.1% in June

WASHINGTON — U.S. producer prices rose modestly in June, another sign that inflationary pressures remain subdued. The Labor Department said Friday that its producer price index, which measures inflation before it reaches consumers, rose 0.
CannTrust puts hold on sale and shipment of all cannabis products pending review

CannTrust puts hold on sale and shipment of all cannabis products pending review

TORONTO — CannTrust Holdings Inc. says it has put a hold on product sales and shipments of all its cannabis products as a precaution while Health Canada reviews its Vaughan, Ont., manufacturing facility.
Trump applauds far-right social media provocateurs

Trump applauds far-right social media provocateurs

WASHINGTON — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views.

Boeing changes executive in charge of the 737 Max factory

CHICAGO — The executive who manages the Boeing 737 Max program and the Seattle-area factory where the now-grounded plane is built is retiring.

After Trump request, Lockheed keeps helicopter plant open

COATESVILLE, Pa. — Lockheed Martin has decided to keep its Sikorsky helicopter plant in Pennsylvania open following a request from President Donald Trump.

Software engineer accused of taking trade secrets to China

WASHINGTON — A software engineer is accused of stealing trade secrets from the Illinois locomotive company he once worked for and taking the information with him to China, federal prosecutors said Thursday.

Aritzia continues sales growth streak, reports nearly 32% jump in income

VANCOUVER — Aritzia Inc. plans to create a formal loyalty program as the clothing retailer works to better use data to drive sales.
Setbacks for Trump's drive to lower prescription drug costs

Setbacks for Trump's drive to lower prescription drug costs

WASHINGTON — After two setbacks this week, President Donald Trump is now focusing his drive to curb drug costs on congressional efforts aimed at helping people on Medicare and younger generations covered by workplace plans.
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