Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform. The companies put the transaction’s valued at about $4.4 billion when HanesBrands’ debt is included.

Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies said on Wednesday, as the Canadian firm looks to expand its foothold in basic apparel.

Canada's Gildan will buy HanesBrands for $2.2 billion.

Air Canada’s more than 10,500 flight attendants said they’ll strike beginning Saturday if a deal isn’t reached. The airline said it’s gradually

Air Canada is preparing to lock out its flight attendants who voted to go on strike this weekend. Travel disruptions could start Thursday and could continue until a deal is reached.

Air Canada is cancelling flights from Thursday, as the country's largest carrier winds down service ahead of a looming Saturday strike by its more than 10,000 flight attendants.