National Business

Ottawa has agreed to set a $100-million yearly cap on payments that Google will be required to make to media companies when the government's controversial online news legislation takes effect at the end of the year.

INDIANAPOLIS (AP) — An Indiana county judge on Wednesday dismissed a lawsuit filed by the state accusing TikTok of deceiving its users about the level of inappropriate content for children on its platform and the security of its consumers' personal i

OTTAWA — Canadians will still be able to search for news stories on Google after the tech giant struck a last-minute deal with the Liberal government that will put $100 million a year into local newsrooms.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,116.20, up 79.43 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.44, or 1.62 per cent, to $90.18 on 12.

Audio streaming platform Spotify says that requiring it to make a contribution aimed at supporting Canadian content could force the company to cut its existing investments in order to maintain its financial viability.

FORT SASKATCHEWAN, Alta. — Dow Chemical has announced plans to invest nearly $9 billion in a net-zero petrochemical project northeast of Edmonton.

TORONTO — Canada's main stock index posted a small gain Wednesday, led higher by financials and battery metals, while U.S. markets were mixed. The S&P/TSX composite index closed up 79.43 points at 20,116.20.

The federal government has landed on Boeing Co. to replace the military's aging patrol planes in a multibillion-dollar sole-source deal, closing the door on Quebec-based business jet maker Bombardier Inc., which had been pushing for an open bid.

CALGARY — Executives and senior leaders from Canada's oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing what they can to reduce greenhouse gas emissions.

NEW YORK — Stocks drifted to a mixed close on Wall Street as drops in several Big Tech companies offset gains in other parts of the market. The S&P 500 gave up an early gain and closed down 0.1% Wednesday. The Nasdaq composite fell 0.