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Air Canada reaches deal with mechanics union

The largest union at Air Canada has approved a 21-month labor contract, considered a critical factor in keeping the airline out of bankruptcy court.

Kodak agrees to settle race discrimination lawsuit

Eastman Kodak Co. has agreed to pay $21.4 million to settle legal action brought by black workers who claim the photography products maker discriminated against them.

Texas Industries posts 4Q loss on hefty charge

Cement maker Texas Industries Inc. on Wednesday posted a fiscal fourth-quarter loss, reversing a year-earlier profit, as the economy sagged and the company booked a big charge for its cement operations in California.

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