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Apple Inc. said on Monday it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting production and demand in China. The Cupertino, Calif.-based company said that although its productions facilities in China have reopened, they are ramping up slower than expected. Source

NEW YORK -- Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world's richest man, said in an Instagram post that he'll start giving grants this summer to scientists, activists and nonprofits working to protect Earth. Source

Home goods retailer Pier 1 Imports Inc. announced Monday it is filing for Chapter 11 bankruptcy protection in the United States, a month after saying it would close all its stores in Canada. The Fort Worth, Texas-based company, which was founded in 1962 and has 1,000 stores in North America — around 50 of them in Canada — says it is pursuing sale of its U.S. Source

Cirque du Soleil founder Guy Laliberté is selling the last of his shares in the entertainment behemoth nearly 36 years after launching the Quebec-based circus troupe. The Caisse de dépôt et placement du Québec says it buying Laliberté's remaining 10 per cent stake in Cirque du Soleil Entertainment Group, nearly doubling the Quebec pension plan's share to about 20 per cent. Source

Bombardier Inc. has sold its rail-building unit to French train giant Alstom SA, marking its exit from the rail business. On Monday, Alstom announced it had secured a deal with Bombardier and major shareholder Caisse de dépôt et placement du Québec to acquire Bombardier Transportation for a price of 5.8 to 6.2 billion euros ($8.4-$9 billion Cdn) in stock and cash. Source

A federal order for trains carrying dangerous goods to slow down after two fiery crashes near Guernsey, Sask., has been further revised by Transport Minister Marc Garneau. The original order announced Feb. 6, the same day as the second crash, halved speed limits for trains carrying 20 or more cars with dangerous goods: from 64 km/h to 32 km/h through metropolitan areas, and from 80 km/h to 40 km/h everywhere else. Source

MONTREAL -- Cirque du Soleil founder Guy Laliberte is selling the last of his shares in the entertainment behemoth nearly 36 years after launching the Quebec-based circus troupe. The Caisse de depot et placement du Quebec says it buying Laliberte's remaining 10 per cent stake in Cirque du Soleil Entertainment Group, nearly doubling the Quebec pension giant's share to about 20 per cent. Source

TORONTO -- Pier 1 is closing all stores in Canada, according to a statement published Monday on the home décor retailer’s website. According to the brief statement, Pier 1 is pursuing a sale of the company as the home decor retailer begins Chapter 11 proceedings in the United States. Source

Automakers are reopening factories in China that were idled by concerns over spread of the coronavirus as they try to reverse a sales slump in their biggest market. Local officials have orders from the ruling Communist Party to get businesses functioning again, while still enforcing anti-disease curbs that shut down much of the world's second-largest economy. Source

CAPE GIRARDEAU, MO. -- A jury on Saturday awarded US$265 million in punitive damages to a southeastern Missouri peach farmer who argued that weedkiller dicamba that had drifted onto his orchards from other farms had severely damaged his trees -- an award that could bode well for other farmers suing the chemical's makers. Source