National Business

ST. JOHN'S, N.L. — A 145-year-old newspaper in St. John's, N.L., is cutting its print run to once a week after a court approved Postmedia's purchase of the insolvent SaltWire Network earlier this month.

TORONTO — TD Bank Group says it has taken a US$2.6-billion provision in its third-quarter results related to ongoing U.S. investigations into its anti-money laundering program.

MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.

PORTICELLO, Sicily (AP) — Divers searching the wreck of a superyacht that sank off Sicily found the bodies of five passengers Wednesday, leaving one still missing as questions intensified about why the vessel sank so quickly when a nearby sailboat re

TORONTO — Canada's main stock index rose on Wednesday, helped by strength in base metals and technology, while U.S.

NEW YORK (AP) — U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%.

An impending labour stoppage on Canada's two national railways has riled industry groups who worry consumers and businesses will be hit hard if goods ranging from grains to french fries to petrochemicals can't be moved. Canadian National Railway Co.

NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That's the highest closing price recorded for the commodity to date.

WASHINGTON (AP) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.

The Weeknd is offering a glimpse into the next chapter of his career with a one-night-only concert streaming live on YouTube from São Paulo, Brazil.