National Business

Canada's main stock index climbed higher on Wednesday and U.S. stock markets closed out the trading day mixed as investors digested an uncertain interest rate outlook south of the border. The S&P/TSX composite index was up 18.46 points at 26,559.

OTTAWA — Bank of Canada governor Tiff Macklem is encouraging businesses to explore export markets beyond the United States to make the economy less vulnerable to current and future trade disputes. Speaking to a business crowd in coastal St.

NEW YORK (AP) — U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended basically flat Wednesday. The Dow Jones Industrial Average slipped 0.

Ruby Liu may have lost out on owning Hudson’s Bay’s name and all its trademarks, but she's not bitter because she’s got designs on her own retail empire. The B.C.

TORONTO — New data on the explosive growth of women's sport in Canada underscores its rising popularity, but also reveals that its structural supports still lag behind.

VANCOUVER — The Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure. The retailer said Wednesday the affected employees are part of its store support centres.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before.

WASHINGTON (AP) — The Supreme Court on Wednesday restarted plans to temporarily store nuclear waste at sites in rural Texas and New Mexico, even as the nation is at an impasse over a permanent solution.

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology.

TORONTO — A new survey says most Canadian construction companies are still coping with a shortage of skilled labour, however their productivity and efficiency has improved in recent years as a result of investments in technology.