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US factory orders plunge 14.4% as economy grinds to halt

US factory orders plunge 14.4% as economy grinds to halt

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods plunged 14.4% in March, a worse-than-expected performance that underscored the severe impact the coronavirus pandemic is having on the U.S. economy The March follows a 1.
Trump set to sign bill with nearly $500B more in virus aid

Trump set to sign bill with nearly $500B more in virus aid

WASHINGTON — President Donald Trump will hold a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claime
Iowa governor: Tip from Ashton Kutcher led to testing deal

Iowa governor: Tip from Ashton Kutcher led to testing deal

IOWA CITY, Iowa — Iowa’s $26 million contract to increase coronavirus testing was reached after the governor acted on a tip from actor Ashton Kutcher, a revelation that increased skepticism about the no-bid deal on Thursday. Critics of Gov.

Tyson beef plant in Washington will close to test workers

WALLULA, Wash. — The Tyson Fresh Meats beef plant in eastern Washington state is temporarily shutting down to test all its workers for the coronavirus.

ADM idles large Iowa, Nebraska corn-based ethanol plants

DES MOINES, Iowa — Ethanol producer ADM said Thursday it is idling production at its corn ethanol plants in Cedar Rapids, Iowa, and Columbus, Nebraska, furloughing 90 employees in each facility for at least four months.

Aecon beats expectations even as Q1 net loss widens and revenues rise

TORONTO — Aecon Group Inc. beat expectations even though its net loss widened in the first quarter as revenues increased 15 per cent. The Toronto-based construction firm says it lost $11.

Clarification to April 13 story on accounting services for health-care workers

An April 13 article about a Ontario accountants offering services to some front-line health-care workers dealing with the COVID-19 pandemic was insufficiently clear about eligibility criteria.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,251.09, down 37.07 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 28 cents, or 6.83 per cent, to $4.38 on 15.5 million shares.
North American stock markets extremely volatile but end day relatively flat

North American stock markets extremely volatile but end day relatively flat

TORONTO — Trading on North American stock markets was volatile Thursday as the impact from the COVID-19 pandemic continues to spook investors. Markets moved higher in the morning after U.S.
Regulator backs away from statement on flight refunds, saying it's not 'binding'

Regulator backs away from statement on flight refunds, saying it's not 'binding'

The Canadian Transportation Agency is backing away from an earlier statement on flight vouchers, saying its initial position on airlines' right to issue travel credits instead of a refund for cancelled trips is "not a binding decision.
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