National Business

Union Pacific and Norfolk Southern acknowledged Thursday that they were in merger talks that would create a single U.S railroad with rails stretching service from East to West Coasts.

NEW YORK (AP) — The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

TORONTO — First Quantum Minerals Ltd. says shipments of copper concentrate have begun leaving a contentious mine in Panama that had been shuttered, boosting its second-quarter results.

TORONTO — Gains in consumer and financial stocks helped lift Canada's main stock index to finish higher Wednesday, while U.S. markets reached new highs after the announcement of a U.S.-Japan trade deal. The S&P/TSX composite index was up 51.

REGINA — An annual Saskatchewan comic and pop culture convention has gone the way of Superman's planet Krypton, leaving behind a trail of sad and disappointed fans.

HALIFAX — Canada’s national housing agency says the number of annual residential construction starts in Nova Scotia must double for ten years for the market to reach pre-pandemic affordability levels, a target the province says is doable — with multi

CALGARY — Whitecap Resources Inc., fresh off its $15-billion combination with Veren Inc., has reported higher revenues and oil and gas production in its latest quarterly results. The Calgary-based oil and gas producer says net income was $310.

NEW YORK (AP) — As the stock market pushes into record territory and some companies trade at lofty levels, investors are once again looking for bargains among some of Wall Street's beaten down companies.

EDMONTON — Alberta is paying out more than $140 million to end one of five lawsuits launched against it over its coal mining policies.

NEW YORK (AP) — U.S. stocks rose to more records following a trade deal between the world’s No. 1 and No. 4 economies. The S&P 500 climbed 0.8% Wednesday, setting another all-time high. The Dow Jones Industrial Average added 1.