National Business

CALGARY — Not all of the Canadian airlines currently jockeying for position in a crowded market are likely to survive in the long-term, said the CEO of Edmonton-based Flair Airlines on Tuesday.

TORONTO — John Stinson had been listening to Gordon Lightfoot’s 1975 song, “Now and Then” on Monday shortly before it was announced that the Canadian folk music icon had died at 84.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,407.56, down 207.54): Manulife Financial Corp. (TSX:MFC). Financials. Down 15 cents, or 0.56 per cent, to $26.68 on 13.

TORONTO — Canada's main stock index lost more than 200 points in a broad-based decline led by energy as crude prices sank, while U.S. stock markets also fell amid continued concern about the banking sector.

The agreement on remote and flexible work between public sector workers and the federal government could set the stage for future union negotiations, according to labour experts.

NEW YORK (AP) — Stocks closed lower as shares of beleaguered banks tumbled again and worries about the economy worsened.

NEW YORK (AP) — The first Hollywood strike in 15 years began Tuesday as the economic pressures of the streaming era prompted unionized TV and film writers to picket for better pay outside major studios

THE HAGUE, Netherlands (AP) — Authorities in the U.S. and Europe arrested nearly 300 people, confiscated over $53 million, and seized a dark web marketplace as part of an international crack down on drug trafficking that officials say was the largest operation of its kind.

SAN FRANCISCO (AP) — Apple and Google are teaming up to thwart unwanted tracking through Bluetooth devices that were created to help people find lost keys, keep tabs on luggage or to locate other things that have a tendency to be misplaced or lost.

MONTREAL — State authorities in Maine have hit Canadian Pacific Kansas City Ltd. with a violation notice over fallout from its cleanup efforts after a freight train went off the tracks last month.