National Business

WASHINGTON (AP) — Donald Trump and Elon Musk’s alliance took off like one of SpaceX’s rockets. It was supercharged and soared high. And then it blew up.

OTTAWA — Canada posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of U.S. President Donald Trump's tariffs. Statistics Canada said Thursday the result, which followed a deficit of $2.

TORONTO — Tom Green says he isn’t big on political statements — but in his own way, he’s taking a stand.

EDMONTON — Alberta's government has ditched a new fee schedule for breweries that would have seen the province's oldest beer maker pay significantly more in taxes.

NEW YORK (AP) — U.S. stocks drifted lower as financial markets locked in their final moves before a highly anticipated update coming Friday about the U.S. job market. The S&P 500 fell 0.5% Thursday. The Dow Jones Industrial Average lost 0.

Indigenous communities are set to get access to more capital to buy businesses as the First Nations Bank of Canada and the Business Development Bank of Canada launch a new initiative.

HALIFAX — In response to Prime Minister Mark Carney's bid to make Canada an "energy superpower," Nova Scotia Premier Tim Houston is floating the idea of dramatically ramping up the province's nascent offshore wind energy industry.

Shoppers at Loblaw Cos. Ltd.'s stores will soon no longer be able to get a coffee fix by purchasing Folgers-brand products after a pricing dispute prompted the grocer to pull them from its shelves.

KANANASKIS — Darren Robinson had some very important news to tell U.S. president George Bush and José María Aznar, the prime minister of Spain. The pro shop was open.

WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari