National Business

TORONTO — Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.

I know, I know. You’ve probably heard all about how you should renegotiate your bills to save money. But that’s easier said than done, right? That’s why I tried it out.

MONTREAL — Canada's labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers.

TORONTO — Martinrea International Inc. swung to a large loss in its recent quarter as automotive plant closures during the COVID-19 pandemic took a big bite out of its revenues. The autoparts manufacturer says it lost $146.9 million or $1.

TORONTO — The chief executive of Barrick Gold Corp. said Monday the company's strategy for spending money is unchanged despite a run up in gold prices that boosted second-quarter results and prompted an increased dividend.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,605.50, up 61.02 points.) Bombardier Inc. (TXS:BBD.B). Industrials. Down a penny, or 2.35 per cent, to nearly $0.42 on 14.

TORONTO — The energy sector helped lift Toronto's main stock index Monday, while those south of the border were mixed. The S&P/TSX composite index rose 61.02 points to close at 16,605.

IRVING, Texas — McKesson Corp. has appointed Rebecca McKillican as chief executive of its Canadian operations, effective immediately. She succeeds Domenic Pilla, who announced his plans to retire from the company in late 2019.

DETROIT — Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are “preposterous” and read like a script from a “third-rate spy movie,” FCA lawyers wrote in court documents filed Monday.

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence.