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Business News Summary Headlines

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German biker loses bag of cash, raining bills over Autobahn

BERLIN - German police say a businessman on a motorcycle lost a plastic bag stuffed with his day's earnings while driving along a southern highway, sending a shower of cash across the Bavarian Autobahn.

Ingolstadt police said Sunday the 36-year-old had been carrying about 9,000 euros ($10,000) in small bills Saturday night when he lost the bag on the A9 highway.

Sunday, May 28, 2017 | 06:48 AM

Jet owned by Elvis auctioned after sitting 35 years

ALBUQUERQUE, N.M. - A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 35 years.

The plane sold for $430,000 on Saturday at an Agoura Hills, California, event featuring celebrity memorabilia, GWS Auctions Inc. said.

Sunday, May 28, 2017 | 12:39 AM

Unionized CN Rail employees issue strike notice

MONTREAL - A union representing employees at CN Rail is threatening job action to back contract demands.

The Teamsters union has given the company 72 hour strike notice and could legally walk off the job Tuesday morning.

Saturday, May 27, 2017 | 11:19 PM

Trump's trip: Conventional images and unconventional talk

TAORMINA, Italy - As he dashed through the Middle East and Europe, Donald Trump looked like a conventional American leader abroad. He solemnly laid a wreath at a Holocaust memorial in Jerusalem, had an audience with the pope at the Vatican and stood centre stage with Western allies at the annual summits that dominate the diplomatic calendar.

But when Trump spoke, he sounded like anything but a typical U.S. president.

Saturday, May 27, 2017 | 09:23 PM

G7 leaders agree to fight protectionism, but U.S. hedges on Paris Agreement

TAORMINA, Italy - Prime Minister Justin Trudeau made his major debut on the international stage at a UN global warming conference in Paris, where the new Liberal government, crowing cheerfully that Canada was back, helped to seal a major climate deal.

Going on two years later, the Canadian prime minister is calling the G7 summit in Taormina, Italy a success, even as U.S. President Donald Trump refused to join the other leaders on committing to implementing that Paris Agreement.

Saturday, May 27, 2017 | 06:20 PM

PM Trudeau and U.S. President Trump talk trade, security at G7 summit

TAORMINA, Italy - Prime Minister Justin Trudeau met one-on-one with Donald Trump Saturday on the sidelines of the G7 summit in Sicily, where they talked all around an elephant in the room the size and shape of North America.

"We talked about how the positive relationship between Canada and the United States is one that we have to enhance and strengthen for the benefit of both of our citizens," Trudeau told reporters Saturday in the medieval town of Taormina, Italy.

Saturday, May 27, 2017 | 04:31 PM

Trump makes G-7 deal on trade, takes rain check on climate

TAORMINA, Italy - Seven wealthy democracies ended their summit Saturday in Italy without unanimous agreement on climate change, as the Trump administration plans to take more time to say whether the U.S. is going to remain in the Paris accord on limiting greenhouse gas emissions.

The other six nations in the Group of Seven agreed to stick with their commitment to implement the 2015 Paris deal that aims to slow down global warming.

Saturday, May 27, 2017 | 11:53 AM

The Latest: BA cancels all flights from Heathrow, Gatwick

LONDON - The Latest on British Airways flight stalled by IT failure (all times local):

4:40 p.m.

Saturday, May 27, 2017 | 11:47 AM

Methane, deficits and the civil service: three ways politics mattered this week

OTTAWA - Speculation filled the void left by the members of Parliament who vacated the capital for the week to spend time in their ridings.

Who would win the Conservative leadership? Do Prime Minister Justin Trudeau and the young, new French president Emmanuel Macron — who met together on the sidelines of the G7 summit this week —have the makings of a budding bromance? If the Ottawa Senators advance, is it OK to root for P.K. Subban (a moot point now, obviously)?

Saturday, May 27, 2017 | 07:30 AM

Liberal MPs offer amendments to controversial changes for budget watchdog

OTTAWA - The Trudeau government is backing away from controversial elements of its legislation to transform the federal budget watchdog, with help from a number of amendments proposed Friday by Liberal MPs.

Details of the proposed legislation to change the parliamentary budget office have faced sharp criticism amid concerns the changes would weaken the independence of an agency mandated to scrutinize government spending.

Friday, May 26, 2017 | 05:37 PM