National Business

CALGARY — Cathedral Energy Services Ltd. has signed a deal to buy the directional drilling services business of Altitude Energy Partners LLC in an agreement it valued at about US$100 million in cash and shares in a bid to grow its U.S. business.

Families went bananas for Minions this weekend at the movie theater. “ Minions: The Rise of Gru ” brought in an estimated $108.5 million in ticket sales from 4,391 screens in North America, Universal Pictures said Sunday.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada surveys The Bank of Canada will release its business outlook survey and its Canadian survey of consumer expectations on Monday.

Canadian retailers are struggling with higher shipping costs as couriers tack hefty fuel surcharges onto shipping rates to recoup record gas prices.

NEW YORK — Stocks on Wall Street shook off a downbeat start and ended broadly higher Friday, though the rebound was not enough to erase their losses for the week. The S&P 500 rose 1.1% after having been down 0.9% in the early going.

When he opened Fish & Sips with his wife in 2015, Paul Feather found hiring to be one among many challenges of running a restaurant with long hours on the main drag of Collingwood, Ont.

LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine . Annual inflation in the eurozone's 19 countries hit 8.

The Canadian Food Inspection Agency has issued a recall for two flavours of RemarkaBall brand Crunchy Energy Balls because they may contain milk which is not declared on the label.

ATLANTIC CITY, N.J.

SAN FRANCISCO (AP) — A California agency on Thursday cleared the way for the Oakland Athletics to continue planning a $12 billion waterfront ballpark project.