National Business

NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.

Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.

TORONTO — By ordering TikTok to shut down its Canadian operations but not banning the app, digital media experts say the federal government is sending mixed messages that make it too hard for the average user to decide whether they should remain on t

MONTREAL — Steady demand for private jets, and the maintenance they require, helped push earnings and revenue higher at Bombardier Inc. last quarter.

GATINEAU, Que. — A court order obtained by the Competition Bureau will require legal-software company Dye & Durham Ltd. to release records related to its business practices, the federal watchdog agency said Thursday.

Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.

Quebecor Inc. says it recorded its best quarter for wireless customer acquisitions in its history during the three-month period that ended Sept. 30, though it reported its profit and revenue edged lower.

TORONTO — Manulife Financial Corp. reported a profit increase last quarter that was driven by growth in Asia, while the company says it's also seeing a boost from its push into artificial intelligence.

The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2.

TORONTO — Hundreds of people will lose access to supervised consumption sites in Toronto when the province closes five of them next year, which will likely mean more public drug use and more overdoses, a new study suggests.