National Business

TORONTO — Dorel Industries Inc. stock gained nearly five per cent Monday after the company announced a going-private deal with a group led by Cerberus Capital Management and the family that controls the consumer products company.

With the threat of extinction hanging heavy over companies during the pandemic, a top tech executive says we're having a "Darwinian moment" that will see some firms emerge stronger while others will succumb to difficult conditions.

LONDON — Johnny Depp lost his high-stakes libel case Monday against The Sun tabloid newspaper for labelling him a “wife beater,” as a British judge said he believed the actor had abused ex-wife Amber Heard to such an extent that she frequently feared

TORONTO — Iamgold Corp. says it has shut down operations at its Westwood underground gold mine in southern Quebec following a "seismic event" on Friday afternoon.

CALGARY — Publicly traded Rocky Mountain Dealerships Inc. says it has struck a deal with its chairman and CEO through which it will become a private company.

VALCOURT, Que. — Bombardier Recreational Products Inc. and Arctic Cat say they have reached a global settlement to ongoing intellectual property disputes between the two makers of snowmachines.

WASHINGTON — U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.

TORONTO — Fire & Flower Holdings Corp. announced a deal Monday to buy Friendly Stranger Holdings Corp., the longtime cannabis advocate. Under the agreement, Fire & Flower will issue 31.

SILVER SPRING, Md. — U.S. construction spending rose 0.3% in September, the fourth straight monthly gain after a coronavirus-caused spring swoon. The Commerce Department reported Monday that the September gain followed followed a revised gain of 1.

TORONTO — Yamana Gold Inc. says it has signed a deal to buy Monarch Gold Corp.