GENEVA — Christie’s sold the “Pink Legacy” diamond at auction Tuesday for more than $50 million including fees, saying it’s a new world record price per carat for a pink diamond.
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MILWAUKEE — Pabst Brewing Company and MillerCoors are going to trial, with hipster favourite Pabst contending that MillerCoors wants to put it out of business by ending a longstanding partnership through which it brews Pabst’s beers.
NEW YORK — Environmentalists cheered a federal court order that blocks a Trump administration permit for the construction of the Keystone XL pipeline, pending an environmental review.
The pipeline would begin in Alberta and shuttle as much as 830,000 barrels a day of crude through a half dozen states to terminals on the Gulf Coast.
DETROIT — Ford is recalling nearly 1.5 million Focus compact cars in North America because a fuel system problem can cause the engines to stall without warning.
The recall covers cars from the 2012 through 2018 model years with 2-litre four-cylinder engines.
MONTREAL — The Canada Border Services Agency and the Port of Montreal have signed on for a trial run of a technology that aims to streamline freight shipping using the power of blockchain.
SAN FRANCISCO — StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday.
MONTREAL — Cam Battley is a top executive at one of Canada’s biggest marijuana companies, but he isn’t sticking around to savour the country’s historic pot legalization.
He’s off to Germany on Friday and Australia next week ‚Äî a sign of what a leader Canada has become in the global pot industry, and of the reverberations its decision to legalize could have internationally.
NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses.
Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be viable or will it be forced to go out of business, closing the final chapter for an iconic name that originated more than a century ago.
WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.
President Donald Trump announced he is lifting a federal ban on summer sales of high-ethanol blends during a trip to Iowa on Tuesday.
DELTA, B.C. — Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there.