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Kansas City Southern exits CP deal to take CNI's $34 billion

Kansas City Southern exits CP deal to take CNI's $34 billion

NEW YORK (AP) — Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks.
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Retail sales rose 3.6% in March, drop in April expected: StatCan

Retail sales rose 3.6% in March, drop in April expected: StatCan

OTTAWA — Retail sales rose 3.6 per cent to $57.6 billion in March as COVID-19 restrictions relaxed in some parts of the country, but Statistics Canada said a preliminary estimate pointed to a drop in April as the rules were tightened again.
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Canada Energy Regulator gives OK to Hydro-Quebec transmission line

Canada Energy Regulator gives OK to Hydro-Quebec transmission line

MONTREAL — Hydro-Quebec says the Canada Energy Regulator has issued the permit authorizing the construction and operation of the Appalaches–Maine Interconnection line.
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Indian court acquits prominent journalist of rape charge

Indian court acquits prominent journalist of rape charge

NEW DELHI (AP) — An Indian trial court on Friday acquitted the founder and editor of an investigative magazine of the charge of sexually assaulting a female journalist in the elevator of a five-star hotel nearly eight years ago.
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First Nations group criticizes Woodside Petroleum's move to sell Kitimat LNG stake

First Nations group criticizes Woodside Petroleum's move to sell Kitimat LNG stake

VANCOUVER — A British Columbia First Nations coalition says it's disappointed by the news that a second major investor is looking to sell its shares in the Kitimat Liquefied Natural Gas development. Woodside Petroleum Ltd.
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Legends come out for hip-hop museum groundbreaking

Legends come out for hip-hop museum groundbreaking

NEW YORK (AP) — Musical luminaries including Nas, LL Cool J, and Fat Joe came out Thursday to the birthplace of hip-hop for a ground-breaking ceremony to launch the capital campaign for the new Universal Hip Hop Museum.
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CRTC chair says it's hard to sustain low wireless, internet prices in long term

CRTC chair says it's hard to sustain low wireless, internet prices in long term

TORONTO — It's agreed that Canadians should pay less for wireless and internet services but it's difficult to keep prices low for long without investing in networks, CRTC chairman Ian Scott said Thursday.
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Shaw shareholders overwhelmingly approve of selling company to Rogers Communications

Shaw shareholders overwhelmingly approve of selling company to Rogers Communications

CALGARY — Shaw Communications Inc. shareholders voted Thursday in favour of a proposed sale of the company to Rogers Communications Inc. for $26-billion, including debt.
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Centerra launches lawsuit against former director named Kumtor gold mine manager

Centerra launches lawsuit against former director named Kumtor gold mine manager

TORONTO — Centerra Gold Inc. says it is suing the man named Tuesday by the government of the Kyrgyz Republic as general manager of the Kumtor gold mine.
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William, Harry condemn BBC over 'deceitful' Diana interview

William, Harry condemn BBC over 'deceitful' Diana interview

LONDON (AP) — Prince William and his brother Prince Harry on Thursday issued strongly worded statements criticizing the BBC and British media for unethical practices after an investigation concluded that one of the broadcaster's journalists used “dec
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