National Business

WASHINGTON (AP) — Wages and salaries jumped in the three months ending in September by the most on records that date back 20 years as companies are forced to offer higher pay to fill a near-record number of available jobs. Pay increased 1.

ST. JOHN'S, N.L. — Fortis Inc. says it earned $295 million in its third quarter, up from $292 million in the same quarter last year. The power and gas utility says the profit amounted to 63 cents per share for the quarter ended Sept.

CALGARY — Shaw Communications Inc. says it remains committed to its deal to be bought by Rogers Communications Inc. as it reported its fourth-quarter profit rose more than 40 per cent compared with a year ago.

CALGARY — TransAlta Renewables Inc. lowered its financial guidance for this year as it said it has found cracks in several foundations of the turbines at a wind farm in New Brunswick where a tower collapsed earlier this month.

OAKLAND, Calif. (AP) — Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc.

CALGARY — Brookfield Infrastructure Partners L.P. says it has completed the acquisition of Inter Pipeline Ltd. The transaction was approved near unanimously by Inter Pipeline shareholders and received final approval from an Alberta court.

WASHINGTON (AP) — President Joe Biden announced Thursday that he and Democrats in Congress have reached a “historic" framework for his sweeping domestic policy package.

WASHINGTON (AP) — Top executives of ExxonMobil and other oil giants denied spreading disinformation about climate change as they sparred Thursday with congressional Democrats over allegations that the industry concealed evidence about the dangers of

Elon Musk isn't happy. With a personal fortune that is flirting with $300 billion, the Tesla CEO — the richest person on earth — has been attacking a Democratic proposal to tax the assets of billionaires like him.

The term “metaverse" is the latest buzzword to capture the tech industry's imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea.