National Business

SAN JOSÉ, Costa Rica — California health officials on Friday confirmed the second case of novel coronavirus in the United States believed to have been transmitted to a person who didn’t travel internationally or come in close contact with anyone who

NEW YORK — The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, cancelled events, cut trade and travel and dragged already slumping financial markets eve

Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,263.05, down 454.39 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 16 cents, or 14.3 per cent, to 96 cents on 38.

MONTREAL — Despite a rout on North American stock markets Friday, SNC-Lavalin Group Inc. shares jumped 11 per cent or $3.08 to close at $31.20 on the Toronto Stock Exchange following the release of its quarterly financial results.

TORONTO — Canada's largest stock index flirted with correction territory Friday after plunging for a sixth-straight day, capping off its worst week since the global financial crisis of 2008.

WASHINGTON — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cu

Canadians are frustrated by the high prices they pay for wireless internet and the problem will only get worse unless the industry's regulator makes a dramatic move to increase competition, a consumer advocacy group said Friday.

TORONTO — Franchisee unrest has hit Tim Hortons again, this time from its U.S. members, who are accusing the company of engaging in an "illegal and fraudulent business scheme.

TORONTO — Organizations across the country are cancelling conferences, fretting about whether to forge ahead with events and considering more health-conscious policies as concerns grow over the recent outbreak of a novel form of coronavirus.