National Business

TORONTO — Private equity firm Onex Corp. says it had net earnings of US$187 million in the fourth quarter compared with net earnings of US$88 million a year earlier when it reported under a different reporting standard.

A tsunami of social media hype and celebratory trend pieces have already made White Claw a sensation in the United States.

OTTAWA — Economic growth in Canada slowed over the last three months of 2019 for its worst quarter in three years, limping into 2020 and facing headwinds from trade uncertainty and the novel coronavirus outbreak.

MONTREAL — Laurentian Bank Financial Group missed expectations as it reported its first-quarter profit fell to $32.2 million compared with $40.3 million in the same quarter a year earlier.

Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes set to close out their worst week since the depths of the financial crisis in 2008.

TORONTO — Trading abruptly ended Thursday afternoon on the Toronto Stock Exchange and several other TMX Group Ltd. markets after the company suspended the exchanges due to what it says were technical issues.

LOS ANGELES — NBC is giving three-year renewals to its drama series from veteran producer Dick Wolf, including the perennial “Law & Order: Special Victims Unit.

WINDSOR, Ont. — Fiat Chrysler Automobiles is cutting the third shift at its Windsor Assembly Plant beginning June 29. The automaker says it notified Unifor Thursday about the change that will affect about 1,500 employees.

WASHINGTON — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year.

NEW YORK — Health officials confronted tough questions and doubts Thursday about testing to intercept the fast-spreading virus, with scrutiny focused on a four-day delay in screening an infected California woman despite her doctors’ early calls to do