National Business

NEW YORK — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological support

The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year.

MONTREAL — Bombardier has named veteran executive Bart Demosky as chief financial officer, effective immediately. The company says Demosky replaces John Di Bert, who will be leaving the company.

SILVER SPRING, Md. — The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters.

WINNIPEG — Artis Real Estate Investment Trust says four trustees have tendered their resignations and both its chief executive officer and chief financial officer will retire as part of a deal reached with private equity firm Sandpiper Group which so

Moderna Inc. said it would ask U.S.

GENEVA — A proposal that could have stiffened penalties against companies based in Switzerland if they violate human rights or harm the environment abroad failed in a Swiss referendum on Sunday.

TORONTO — Three promising COVID-19 vaccine candidates may be driving stock markets higher and fuelling hopes for an economic rebound, but experts say Canada's major banks will continue playing it safe as they report earnings and wrap up their fiscal

NEW DELHI — Protesting farmers on Sunday rejected the Indian government's offer to hold immediate talks if they ended their blockade of key highways they've held as they seek the scrapping of legislation they say could devastate crop prices.

A new retail event encouraged consumers to support small businesses on Saturday, reminding shoppers that the holiday season is a critical time for many neighbourhood mom-and-pop shops.