National Business

NEW YORK (AP) — Wall Street closed lower in a lackluster return to trading following a three-day holiday weekend. The S&P 500 fell 0.4% Tuesday, though it remains within a good day of its all-time high set two years ago. The Dow lost 0.

A bulging lump on someone's tongue. A big toe that has turned greenish-black from gangrene. A smoker's infant in hospital, connected to a breathing tube.

OTTAWA — Canada’s annual inflation rate rose to 3.4 per cent in December, marking another bump along the way back to price stability for the Bank of Canada.

WASHINGTON (AP) — The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, potentially siphoning billions of dollars away from one of the world's most profitable companies.

TORONTO — Stock and bond markets have a bumpy year ahead of them but will end 2024 on a positive note as they navigate the last mile of inflation and tightened monetary policy, a new report from Edward Jones says.

REGINA — The board that oversees Regina's exhibition grounds has fired its president and CEO after he led the organization through a slew of problems. The Regina Exhibition Association Ltd.

TORONTO — Burger King's parent company has signed a US$1 billion deal to buy the brand's largest U.S. franchisee. Restaurant Brands International Inc. announced Tuesday that it will purchase Carrols Restaurant Group Inc.

TORONTO — Barrick Gold Corp. says it produced 4.05 million ounces of gold in 2023 based on its preliminary figures.

CALGARY — Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in December rose 18 per cent compared with November, helped higher by an increase in multi-unit urban starts in Vancouver and Montreal.