National Business

FRANKFURT — The European Central Bank has handed out 1.31 trillion euros ($1.

DETROIT — Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly.

OTTAWA — Wholesale sales in Canada fell by a record 21.6 per cent to $49.8 billion in April, led by a plunge in the motor vehicle and motor vehicle parts and accessories subsector due to the pandemic.

TORONTO — COVID-19's devastating impact on seniors in the months since the virus became a global menace has many Canadians wondering what can be done to protect their aging loved ones.

OTTAWA — Export Development Canada is forecasting that exports this year will fall 20.3 per cent due to the COVID-19 pandemic.

RIO RANCHO, N.M. — Clergy and religious leaders are preparing to hold a virtual march Saturday to highlight the plight of Americans struggling with poverty — people like Madelyn “Maddie” Brace and her boyfriend, Luciano Benavidez.

PHOENIX — When the coronavirus flared in China's capital this week, Beijing cancelled flights, suspended reopenings and described the situation as “extremely grave.” But with cases rising in some U.S.

LONDON, Ont. — Live theatre at southern Ontario's Grand Theatre will not return until fall 2021. The London, Ont.

OTTAWA — Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer. The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.

The concentration of wealth among Canada's richest one per cent is deeper than previously believed, according to a federal government report based on a new modelling approach. The top one per cent of Canada's families hold about 25.