National Business

NEW YORK (AP) — A wipeout on Wall Street sent U.S. stock indexes to their worst day since 2022 as Big Tech dragged the market lower following profit reports from Tesla and Alphabet. The S&P 500 slumped 2.

TORONTO — Ontario will provide up to $73 million to help speed up repairs on a busy Toronto highway, so long as work on the Gardiner Expressway can be done around the clock.

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.

OTTAWA — The Bank of Canada appeared to be increasingly concerned about the risk of high interest rates slowing the economy and inflation by more than necessary as it delivered a second consecutive rate cut Wednesday.

GATINEAU, Que. — The federal Competition Bureau says it has launched an investigation into retail gasoline consultancy Kalibrate to see whether the services it offers are negatively affecting competition between gas stations in Canada.

With the sale of its coal business now firmly in the rear-view mirror, Canadian miner Teck Resources Ltd. marked its transition to a pure-play metals company by achieving record copper production in its second quarter.

The Bank of Canada lowered its key interest rate for the second time this year to 4.5 per cent. Here's what the decision means for the Canadian dollar. How has the decision affected the Canada-U.S.

KATHMANDU, Nepal (AP) — A plane crashed Wednesday just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor.

TORONTO — The chief executive of Rogers Communications Inc. says it will likely take the better part of a year before Canada's telecommunications sector sees a calming of the competitive intensity prompting many wireless customers to change carriers.

CALGARY — WestJet and Telus Corp. are partnering up to provide free internet service aboard flights for members of the airline's loyalty program starting this December.