National Business

TORONTO — Losses in the tech sector led Canada's main stock index and U.S. markets lower Friday, as investors made year-end adjustments to their holdings. The S&P/TSX composite index ended down 50.42 points at 24,796.40.

NEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%.

VANCOUVER — The British Columbia Securities Commission says a man behind one of the province's largest investment frauds has been ordered by the B.C. Supreme Court to use two retirement accounts to pay off a multimillion-dollar fine.

MONTREAL — A team of tugboats is being deployed to refloat a ship that has been stuck in the St. Lawrence River northeast of Montreal since Christmas Eve.

TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion.

Gift cards can be a quick and easy present for those who don't know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

BRAMPTON, Ont. — Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have both entered into automatic share purchase plans with brokers.

WINNIPEG — Manitoba Premier Wab Kinew says a rate freeze on electricity in 2025 is achievable, despite another forecasted financial loss at Crown-owned Manitoba Hydro.

Five-year-old Beau starts each day being carried by one of his parents to the family's living room, where his wheelchair awaits in their Beamsville, Ont., home.

As the world prepares for a second Trump administration, experts say there are lessons to be learned from the tumultuous and unrelenting 2024 campaign.