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DALLAS -- Boeing says it will take a US$4.9 billion charge to cover possible compensation to airlines whose Max jets remain grounded after two deadly accidents. Boeing said Thursday that the after-tax charge will cause a $5.6 billion reduction in revenue and pre-tax earnings for the April-through-June quarter. Source

ST. JOHN'S, N.L. - Oil production is temporarily shut down on the Hibernia oil platform off Newfoundland's east coast after about 12,000 litres spilled out of a storage container into the ocean. A report on the website of the Canada-Newfoundland and Labrador Offshore Petroleum Board says the oil sheen resulting from the spill was seen on Wednesday. Source

Alberta's largest energy companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades, a consortium warns — estimating that the bill for just one energy industry giant alone would be $11.9 billion. Source

Alberta's largest energy companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades, a consortium warns — estimating that the bill for just one energy industry giant alone would be $11.9 billion. Source

Alberta's largest energy companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades, a consortium warns — estimating that the bill for just one energy industry giant alone would be $11.9 billion. Source

The odds of a minimum wage worker being able to afford a one- or two-bedroom apartment in just about every city in Canada are next to nil, a new report from an Ottawa-based think-tank says. Looking at Statistics Canada data on wages from last October, and rental information from the Canada Mortgage and Housing Corporation (CMHC) that same month, the Canadian Centre for Policy Alternatives (CCPA) crunched the numbers on the almost 800 neighbourhoods across Canada's three dozen largest cities to…

NEW YORK -- The first two new Toys R Us stores will open in November as part of a small comeback of the defunct iconic toy chain in the U.S. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, says an online experience will follow. Source

Iran's paramilitary Revolutionary Guard forces have seized a foreign oil tanker accused of smuggling oil with a crew of 12, Iran's state TV reported Thursday, just days after an oil tanker based in the United Arab Emirates disappeared off trackers in Iranian territorial waters. Source

On Tricia Davis's first day of work at a coal mine in B.C.'s Elk Valley, she says she spotted a heart and a penis scrawled on some dusty equipment. And on a bus ride home one day from the Teck Coal Ltd. Source

TORONTO -- The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. OREA chief executive Tim Hudak says in a letter to federal policy-makers that Ottawa should consider restoring 30-year insured mortgages, ease up on the interest rate stress test, and eliminate the test altogether for those renewing their mortgage with a different lender. Source