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US's Mnuchin: 'not concerned' about near-term dollar value

DAVOS, Switzerland — U.S. Treasury Secretary Steven Mnuchin says the U.S is "not concerned" about the value of the dollar in the short-term.
Cuban state music company expands deal with Sony

Cuban state music company expands deal with Sony

HAVANA — Cuba's main state-run music company is expanding its business with entertainment giant Sony in a sign of continuing progress in U.S.-Cuban business relations.
First Nations raising funds to challenge west coast oil tanker ban

First Nations raising funds to challenge west coast oil tanker ban

CALGARY — A coalition of First Nations is raising money through a GoFundMe campaign to mount a legal challenge to the proposed oil-tanker ban on British Columbia's north coast.
Loonie surges 3/4 of a cent against greenback, TSX down despite oil price rally

Loonie surges 3/4 of a cent against greenback, TSX down despite oil price rally

TORONTO — The loonie jumped nearly three-quarters of a cent Wednesday, punching above the 81-cent mark, following comments by the U.S. Treasury Secretary that a weaker greenback is good because it helps American exporters.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,284.21, down 73.34 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 81 cents, or 5.48 per cent, to $13.98 on 32.6 million shares.
EU fines Qualcomm $1.23B for paying Apple to use its chips

EU fines Qualcomm $1.23B for paying Apple to use its chips

BRUSSELS — European regulators have fined Qualcomm $1.23 billion after concluding the U.S. mobile chipmaker bribed Apple to stifle competition by using its products exclusively in iPhones and iPads.
Metrolinx says recent attack involved malware and had many targets

Metrolinx says recent attack involved malware and had many targets

TORONTO — Ontario transit agency Metrolinx said Wednesday it doesn't believe it was specifically targeted in a recently thwarted cyberattack it claims came from North Korea.
Eastern refineries could save millions by buying more Canadian oil: CERI report

Eastern refineries could save millions by buying more Canadian oil: CERI report

CALGARY — Refineries in central and Atlantic Canada could save money on oil costs and produce fewer global greenhouse gas emissions if they bought more Canadian crude oil, according to a study by the Canadian Energy Research Institute released Wednes

USITC rejects Bombardier request to consider Embraer plane in Friday's decision

MONTREAL — The U.S. International Trade Commission has rejected a petition to consider newly disclosed facts about Embraer's E190-E2 jet in its case reviewing Bombardier's C Series aircraft.
Short-term solutions to minimum wage hike could hurt businesses: Freshii founder

Short-term solutions to minimum wage hike could hurt businesses: Freshii founder

Freshii CEO Matthew Corrin says his eatery implemented a number of solutions ahead of Ontario's minimum wage hike rather than rely on short-term cost-cutting that could compromise its culture in the long run.