A May 2 fire at a magnesium auto parts plant in Eaton Rapids, Michigan, is causing severe supply chain problems for Ford, Fiat Chrysler and General Motors. Ford has temporarily laid off 7,600 workers
The fertilizer giant announced two weeks ago it would lay off staff temporarily at two of its potash mines in Saskatchewan
Chairman and CEO Hugh Grant will leave the St. Louis-based agrochemical firm after it’s acquired by Bayer AG, a German pharmaceutical business. Bayer expects the deal to close in the second quarter
The union says its members voted in favour of the contract May 4, and that Lear Corp. has retracted its notice to close the automotive seat manufacturing plant
Following a record first-quarter loss of nearly US$710 million, the mercurial Elon Musk brushed off financial questions during a conference call as boring and “not cool”
The son-in-law of company founder Joseph-Armand Bombardier retired May 3 after 55 years with the company. Beaudoin transformed Bombardier from a snowmobile maker to a global transportation giant
Herbert Diess has vowed to build a more ethical culture as the German auto maker looks to put its diesel emissions scandal in the rear-view mirror
The battle between Tim Hortons’ parent company Restaurant Brands International and its franchisees has shifted south of the border
Hydro One CEO Mayo Schmidt, who earned a $6.2-million salary last year, would be entitled to at least $10.7 million in severance if he were to be removed from his job by the board of directors
Cara’s restaurant brands include Swiss Chalet, Milestones, Harvey’s and Kelsey’s
