National Business

PITTSBURGH (AP) — President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.

TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.

CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer. U.S.

AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware

PARIS (AP) — In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end. That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool.

CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire. The Calgary-based pipeline operator confirmed the rupture in a statement late Tuesday afternoon.

VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.

VANCOUVER — Unifor says it's temporarily withdrawing its applications to represent workers at two Vancouver-area Amazon facilities, accusing the e-commerce giant of providing a “suspiciously high” employee count.

VANCOUVER — Western Forest Products Inc. says it's indefinitely curtailing operations at its Alberni Pacific Division facility. The Vancouver-based company says the facility has been temporarily curtailed since the fall of 2022.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,642.87, down 97.33 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 37 cents, or 0.48 per cent, to $77.57 on 13.