National Business

From finding ways to help others cope to sheltering in place to cancelling events, here’s a look at some of the ways the entertainment industry is reacting to the spread of the coronavirus, which most people recover from but can cause severe illness

WASHINGTON — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.

LOS ANGELES — Netflix said Friday it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production.

FORT MCMURRAY, Alta. — The operator of one of the many worker lodges in the Fort McMurray area of northern Alberta confirms that a guest has been transported to hospital with symptoms consistent with COVID-19.

TORONTO — Despite the sudden, recent shift in how millions of Canadians are doing their work because of the COVID-19 crisis, it seems most parts of the communications system were up to the challenge in the first week of widespread social distancing.

TORONTO — North American stock markets closed lower Friday to cap the worst trading week since the global financial crisis. After starting the day stronger, markets dropped to end the week down by double digits compared to last week.

MONTREAL — Air Canada says it will bring Canadians stranded in Morocco back home on a repatriation flight this weekend in collaboration with the federal government.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (11,851.81, down 318.71 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 2.08 per cent, to 49 cents on 31.

CALGARY — Canadian crude-by-rail exports hit a record high in January but observers say they've likely fallen since then and stand to plummet even further as low oil prices force producers to cut growth spending and shut in high-cost wells.

MONTREAL — Canada's major airlines are relatively well-positioned to weather the financial storm that has been unleashed by the COVID-19 pandemic, but regional players may find it tougher to stay afloat, experts say.