ATLANTA — One of the nation’s largest railroads must replace millions of defective wooden railroad ties on its tracks because they’re degrading faster than expected, the company said in a federal lawsuit.
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LONDON — The appetite for mergers and acquisitions remains near a record high as firms try to adapt to fast technological changes and despite a welter of geopolitical concerns, a survey of executives found Monday.
TORONTO — UPS Canada is launching a new cargo bike delivery pilot project in Toronto this week as part of a broader green initiative.
The shipping company says the pilot will run for six to eight months using a custom-made cargo bike to deliver packages in and around the York University area in the north part of the city.
PARIS—Blame the croissant.
French pastries—and butter—have become so popular abroad that the increased demand led to a mini shortage of the dairy product in French supermarkets.
CANBERRA, Australia — The Australian auto manufacturing era is about to end after more than 90 years when General Motors Co.’s last Holden sedan rolls off the production line in the industrial city of Adelaide on Friday.
The nation has already begun mourning the demise of a home-grown industry in an increasing crowded and changing global car market.
LONDON — Royal Dutch Shell is opening its first electric vehicle recharging points at three gas stations in Britain, part of the oil giant’s efforts to respond to a global push toward zero-emission vehicles.
TORONTO—Canadian plane-maker Bombardier announced yesterday it has sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost.
U.S. rival Boeing called it a questionable deal by two state-subsidized competitors.
MONTREAL — A U.S. court has dismissed a racketeering lawsuit launched by Resolute Forest Products against Greenpeace and other environmental groups.
The United States District Court for the Northern District of California dismissed claims filed against Greenpeace, Stand.earth and individuals under the Racketeer Influenced and Corrupt Organizations Act (RICO).
WASHINGTON — The North American Free Trade Agreement is in its 23rd year. But there are growing doubts that it will survive through its 24th.
TORONTO — Sears Canada Inc. said Tuesday it is seeking court approval to liquidate its roughly 130 remaining stores, leaving approximately 12,000 employees without a job.
The embattled retailer has been operating under the Companies’ Creditors Arrangement Act since June. It said that it had failed to find a buyer that would allow it to continue.