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Sears creditors challenge hedge fund chairman's winning bid

Sears creditors challenge hedge fund chairman's winning bid

NEW YORK — A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances in court.
The Latest: Sears creditors challenge ESL's winning bid

The Latest: Sears creditors challenge ESL's winning bid

NEW YORK — The Latest on Sears bankruptcy auction (all times local): 5 p.m.
TSA absentee rate still high, but down from Sunday's peak

TSA absentee rate still high, but down from Sunday's peak

TSA officials say the rate of airport screeners missing work during the partial government shutdown has stabilized — but still at unusually high numbers — just before a three-day holiday weekend that is likely to bring bigger airport crowds.
Trump says US will develop space-based missile defence

Trump says US will develop space-based missile defence

WASHINGTON — Moving to protect the U.S.

Shaw getting ready to raise prices for its main residential service, CEO says

CALGARY — Residential customers of Shaw Communications Inc. will likely see a price increase for their internet and television services, chief executive Brad Shaw said Thursday after the company's annual meeting in Calgary.

Airports, customs, trade: Europe preps for a chaotic Brexit

PARIS — One by one, European Union nations are spending millions, hiring thousands of workers and issuing emergency decrees to cope with the increasingly likely possibility that Britain will leave the bloc on March 29 without a plan.
American Express posts 4Q profit that tops forecasts

American Express posts 4Q profit that tops forecasts

NEW YORK — American Express swung to a fourth-quarter profit, the credit card company said Thursday, helped by a lower tax rate and more spending on the company's namesake credit cards. The New York-based company earned $2.01 billion, or $2.
Indigenous energy firm touts job creation in joint venture to make bitumen pucks

Indigenous energy firm touts job creation in joint venture to make bitumen pucks

CALGARY — The CEO of an Indigenous energy company says a project to transform oilsands bitumen into pucks for safer shipping to customers around the world will potentially create needed jobs in northern Alberta while helping to recycle plastic litter

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,211.22, up 99.96 points ). Aurora Cannabis Inc. (TSX:ACB). Health care. Down $1.02, or 10.49 per cent, to $8.70 on 34 million shares.

Former Quebec engineering executive receives 12-month sentence for bid-rigging

OTTAWA — The Competition Bureau says a former executive of Quebec engineering firm Dessau received a 12-month sentence after pleading guilty Thursday in the Court of Quebec to rigging bids for City of Gatineau infrastructure contracts.