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Small businesses fear bankruptcy, want government action amid COVID-19

Small businesses fear bankruptcy, want government action amid COVID-19

TORONTO — Entrepreneurs across the country worry they may have to shut down their companies because of the impact of the novel coronavirus — and they want the government to take action quickly.
Stocks jump as Trump promises to 'go big' on aid for economy

Stocks jump as Trump promises to 'go big' on aid for economy

NEW YORK — Stocks jumped Tuesday as President Donald Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.
Airports poised to lose $1.3 billion amid travel collapse, says industry group

Airports poised to lose $1.3 billion amid travel collapse, says industry group

Canadian airports are poised to lose $1.3 billion amid an ongoing global travel collapse triggered by COVID-19, says group representing the country's airports.
Cinemas close nationwide, studios push new movies into homes

Cinemas close nationwide, studios push new movies into homes

NEW YORK — U.S. movie theatres have closed nationwide due to the coronavirus pandemic, turning dark nearly all of the country's 40,000-plus screens in an unprecedented shutdown.
US industrial production rises 0.6% in February

US industrial production rises 0.6% in February

WASHINGTON — U.S. industrial production rose last month for the first time since November as chillier weather kept utiliities busy and an uptick in auto production pushed manufacturing output higher.
Volkswagen to close Europe plants for two weeks

Volkswagen to close Europe plants for two weeks

FRANKFURT — Volkswagen said Tuesday it would close most of its European plants for two weeks due to uncertainty about demand for cars and supplies of parts amid the virus outbreak and said it wasn't possible to give a reliable outlook for this year's
Statistics Canada reports manufacturing sales down 0.2% in January

Statistics Canada reports manufacturing sales down 0.2% in January

OTTAWA — Statistics Canada says manufacturing sales fell 0.2 per cent to $56.1 billion in January. The agency says it was the fifth consecutive monthly decline. Economists had expected a drop of 0.
Cannabis company Canopy Growth closing Tokyo Smoke and Tweed retail stores

Cannabis company Canopy Growth closing Tokyo Smoke and Tweed retail stores

SMITH FALLS, Ont. — Cannabis company Canopy Growth Corp. says it's closing all of its corporate-owned Tokyo Smoke and Tweed stores later today in an effort to help limit the spread of COVID-19.
TransAlta buying cogeneration plant in Michigan for US$27 million

TransAlta buying cogeneration plant in Michigan for US$27 million

CALGARY — TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million. TransAlta chief executive Dawn Farrell says the deal marks the company's first U.S. cogeneration project.
Distilleries using high-proof alcohol to make hand sanitizer

Distilleries using high-proof alcohol to make hand sanitizer

NEW TRIPOLI, Pa.