The Daily Chase: Investors digest more U.S. retail earnings

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Here are five things you need to know this morning.

A Macy's store in Miami, Florida. Photographer: Eva Marie Uzcategui/BloombergA coalition of business groups is calling on the federal government to take action to avoid an interruption of rail service:

The Canadian Chamber of Commerce, Business Council of Canada, Canadian Federation of Independent Business, and Canadian Manufacturers & Exporters want the Minister of Labour to refer the ongoing railway dispute to the Canada Industrial Relations Board for binding arbitration to prohibit a strike or lockout. The groups note that alternatively, the government can reconvene Parliament and introduce back-to-work legislation.

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