National Business

ST. JOHN'S, N.L. — Fortis Inc. has announced the coming retirement of CEO Barry Perry, who will be succeeded by David Hutchens effective Jan. 1.

SAN RAMON, Calif. — Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.

Miguel Martin has his work cut out for him just weeks into his new job as Aurora Cannabis Inc.'s chief executive. The Edmonton-based cannabis company reported Tuesday that it incurred $3.3 billion in losses in its 2020 fiscal year, including $1.

OTTAWA — Shopify Inc. is working with the FBI after two "rogue members" of its support team engaged in a scheme to illegitimately obtain customer transactional records of some merchants.

NEW YORK — There's something missing in the Nielsen company's listing of last week's 20 most popular prime-time programs, something that once would have seemed inconceivable. Not a single scripted program is included — no drama or no comedy.

CALGARY — Canadian exports of crude oil by rail fell to another eight-year low in July despite the gradual recovery of North American fuel demand from low levels due to measures taken to control the COVID-19 pandemic.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,142.89, up 161.12 points.) Canadian Natural Resources (TSX:CNQ). Up 51 cents, or 2.31 per cent, to $22.60 on 13.3 million shares.

TORONTO — A first-of-its-kind research study by two national Aboriginal groups has found that Indigenous employers provide Indigenous workers with better job satisfaction than other employers while paying them comparable incomes.

MONTREAL — Bombardier Inc. shares fell to a new low Tuesday after Spirit AeroSystems said some closing conditions on its planned acquisition of Bombardier's aerostructures business remain unmet, injecting a degree of uncertainty into the deal.

TORONTO — Having 12 cases of mini eggs on hand sounds like the makings of a grandiose Easter hunt or the ultimate way to soothe a sweet tooth, but for Josie Rudderham, the confections have put her in quite the crunch.