Business

Acura recalls 360K SUVs because tail lights can go dark

The company says that this issue is due to a manufacturing problem

Pinterest sets sights on $1.5B in first public share offering

The company will put about 75 million shares up for sale at a price between $15 and $17 each

Boeing cutting production rate of troubled 737 Max jet

Boeing faces a growing number of lawsuits filed by families of the victims

SNC-Lavalin selling 10% stake in Highway 407 in partial exit from Ontario project

OMERS will pay $3 billion to SNC on the closing of the deal and an additional $250 million over 10 years

IPWhoa: What to know before joining this year’s IPO wave

It’s not how much you love the service, it’s how much profit it can bring in

Oil storage firm Gibson Energy sells trucking assets, focuses on core business

The Calgary-based company handles about one in four barrels of oil exported from Western Canada

Lyft’s shares soar as investors bet on ride-hailing future

Lyft raised its target price from its initial range of $62 to $68 over the course of the last week

Apple details new magazine, news app at services event

The company also said it is launching a credit card called Apple Card

Pinterest files for IPO

The company said it has more than 250 million users each month

GM announces jobs, electric vehicle after Trump criticism

The company says it will spend $300 million at its plant in Orion Township

Air Canada, WestJet purchased safety option reportedly missing on crashed planes

The safety features are not standard on the aircraft and are offered by Boeing as upgrades

Air Canada suspends financial forecast for 2019 after Boeing 737 Max grounded

Analyst Walter Spracklin of RBC Dominion Securities advised investors not to be alarmed

Imperial Oil slows development of Aspen project, cites Alberta production cuts

Project was previously projected to add 75,000 barrels per day of bitumen production

Rising global debt holding back growth, opening up vulnerabilities: central bank

U.S.-China trade war, expanding global geopolitical unrest have been key worries for the Bank of Canada

Facebook says outages due to ‘server configuration change’

Outages affected Facebook, Messenger, Instagram and WhatsApp

Canada’s Big 5 bank CEOs pay rises 6.5% to earn $54M in 2018

Volatility in equity markets last year also put pressure on the banks’ valuations

U.S. grounding of Boeing jet shows limits of company’s clout

President Donald Trump announced the 737 Max 8 and Max 9 jets in the U.S. were being grounded

Air Canada, WestJet expected to take financial hit from 737 Max 8 ban

The ban comes four days after the Ethiopian Airlines disaster that killed all 157 people on board

Amazon removes books that promoted an autism ‘cure’

An Amazon.com Inc. spokeswoman confirmed the books were no longer available