National Business

NEW YORK (AP) — U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November. The S&P 500 rose 0.2% Friday, extending its winning streak to a seventh day. The Dow Jones Industrial Average rose 0.

SACRAMENTO, Calif. (AP) — California Gov.

OTTAWA — A new analysis warns that Canada's major cities are struggling to keep their transit systems running, and says public transit is heading for a "downward spiral" unless major new streams of operating revenue open up.

SAINT JOHN, N.B. — New Brunswick’s electrical utility says its sole nuclear generating station will remain shut down until at least mid-November. The station at Point Lepreau, N.B.

SMITHS FALLS, Ont. — Canopy Growth Corp. says chief executive David Klein is retiring next year. The cannabis company says Klein will call it quits at the end of the company's current financial year on March 31, 2025.

OTTAWA — The annual pace of housing starts in July climbed 16 per cent compared with June as starts of multi-unit projects shot higher for the month, Canada Mortgage and Housing Corp. says.

Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.

OTTAWA — Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower.

WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries and laying out

VANCOUVER — Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision allowing a landlord to impose a 27 per cent rent increase will fuel even more demand for its services.