National Business

TORONTO — Porter Airlines has announced a firm order for 20 Embraer E195-E2 passenger jets with a total list price value of US$1.56 billion as the company looks to further strengthen its presence and customer base in Eastern Canada.

OTTAWA — Export Development Canada (EDC) has laid out emission reduction targets for its lending portfolios in the oil and gas and aerospace industries as part of its long-term goal to become carbon neutral by 2050.

Elon Musk has lost a fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.

Reni Odetoyinbo was one of the millions of Canadians effected by the nationwide Rogers Communication Inc. outage on July 8.

NEW YORK (AP) — Stocks are opening broadly higher on Wall Street Tuesday as more earnings reports roll in from U.S. companies. The S&P 500 was up 1.2% in the first few minutes of trading. The Dow was up 0.9% and the Nasdaq rose 1.1%.

SASKATOON — BHP says it is working to bring its Jansen potash mine into operation sooner than expected. The company says it is working to bring forward Stage 1 first production at the Saskatchewan mine to 2026.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,595.62, up 201.17 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 42 cents, or 1.1 per cent, to $39.74 on 13.9 million shares.

TORONTO — A broad rally led by the energy sector sent Canada's main stock index higher while U.S. markets ran out of gas after getting a morning boost.

NEW YORK — Stocks closed lower on Wall Street Monday after an early gain evaporated in the afternoon. The choppy trading came at the start of another busy week for profit reports from U.S. companies. The S&P 500 fell 0.8%. The Dow fell 0.

Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of "unlocking shareholder value.