National Business

Tesla's top lawyer is leaving the company after only two months on the job. Tesla said in a prepared statement Wednesday that General Counsel Dane Butswinkas (But-SWIN-kiss) will return to a legal practice in Washington, D.C.

PARIS — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, sending a stern warning to tax dodgers and the banks that aid them.

GRANDE PRAIRIE, Alta. — Alberta is giving $80 million in future royalty credits for construction of a new methanol plant in the province's northwest.

HAMILTON — Steel producer Stelco Holdings Inc. says federal protections for the industry have helped prop up earnings as it focuses more on the domestic market.

CALGARY — The National Energy Board says crude-by-rail exports from Canada reached a record high in December.

TORONTO — Hudbay Minerals Inc. shares were up nearly six per cent in late-morning trading following its fourth-quarter results and a plan to increase gold production at a Manitoba gold mine. The company, which reports in U.S. dollars, lost US$3.

EDMONTON — Aurora Cannabis Inc. moved to strengthen its board of directors as it announced chairman Michael Singer will become executive chairman.

Cannabis producer Tilray Inc. has signed a deal to acquire Hemp Hearts-maker Manitoba Harvest for up to $419 million in cash and stock as the two companies look to launch CBD-infused products where permissible in the U.S.

TORONTO — Canada's biggest banks are set to report on what has traditionally been the strongest quarter of the year, but market volatility and slower mortgage growth during the period could weigh on their latest results.

SACRAMENTO, Calif. — The Trump administration said Tuesday that it plans to cancel $929 million awarded to California's high-speed rail project and wants the state to return an additional $2.5 billion that it has already spent. The U.S.