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Builder optimism fades with potential trade war looming

Builder optimism fades with potential trade war looming

NEW YORK — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday.

AutoCanada launches strategic review after a request by an activist investor

EDMONTON — AutoCanada Inc. says its board of directors has appointed a special committee of independent directors to review strategic alternatives following a request by an activist shareholder.

Arizona Mining shares up on takeover offer by Australian company South32

VANCOUVER — Shares of Arizona Mining Inc. soared in early trading after the company announced a deal to be acquired by Australian company South32 Ltd. that valued the company at about $2.1 billion.
Auto parts firm Magna plans electric vehicle joint ventures with Chinese company

Auto parts firm Magna plans electric vehicle joint ventures with Chinese company

AURORA, Ont. — Magna International Inc. says it will form two new joint ventures with a Chinese company to engineer and build electric vehicles. The Ontario-based auto parts company and Beijing Electric Vehicle Co. Ltd.
Audi CEO detained in diesel emissions case

Audi CEO detained in diesel emissions case

BERLIN — German authorities on Monday detained the chief executive of Volkswagen's Audi division, Rupert Stadler, as part of a probe into manipulation of emissions controls.
Prada redefines youthful elegance with psychedelic flair

Prada redefines youthful elegance with psychedelic flair

MILAN — Youthful designers injected energy into the third day Sunday of Milan Fashion Week menswear previews for next spring and summer.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Reading the BoC tea leaves Deputy Bank of Canada governor Lynn Patterson will speak before the Investment Industry Association of Canada on interest-rate benchmarks
UK PM vows big funding increase for National Health Service

UK PM vows big funding increase for National Health Service

LONDON — British Prime Minister Theresa May has announced a significant funding increase for the country's beleaguered National Health Service.

California moves to declare coffee safe from cancer risk

LOS ANGELES — California health officials proposed a regulation change Friday that would declare coffee doesn't present a significant cancer risk, countering a recent state court ruling that had shaken up some coffee drinkers.
Canada Goose shares up after better-than-expected results, plans for new stores

Canada Goose shares up after better-than-expected results, plans for new stores

TORONTO — Shares of Canada Goose Holdings Inc. rose more than 30 per cent on Friday after it reported stronger-than-expected earnings and announced plans for three new stores in North America. Canada Goose stock closed up $18.02 at $78.