National Business

TORONTO — Canada Nickel Co. Inc. says Korean company Samsung SDI Co. Ltd. has agreed to invest US$18.5 million in the company for an 8.7 per cent stake.

TORONTO — The chief executive of Corus Entertainment Inc.

The escalating risk of severe weather events is one of several factors putting pressure on insurance companies and potentially increasing premiums for consumers, experts say.

MONTREAL — Gildan Activewear Inc. says Vince Tyra will begin work as the company's chief executive on Monday, four weeks ahead of his planned start date, as the fight over who should lead the company continues.

WASHINGTON (AP) — Wholesale inflation in the United States fell for a third straight month in December, further evidence that price pressures in the economy are easing.

The Federal Aviation Administration is investigating whether Boeing failed to make sure a panel that blew off a jetliner in midflight last week was safe and manufactured to meet the design that regulators approved.

MONTREAL — Air Canada has appealed a decision by the country’s transport regulator that seeks to boost accessibility for travellers living with a disability.

TORONTO — Aimia Inc. says CEO Phil Mittleman is stepping down after nearly four years at the helm. The Toronto-based holding company says Mittleman is leaving the role of CEO to allow the board to search for a new "operations-focused" replacement.

MPs gathered Thursday to mull a request for a study on cellphone package price increases as telecom industry watchers say it's clear costs are too high despite indications that prices have come down in recent years.

WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.