National Business

NEW YORK (AP) — Stocks are slipping in early trading on Wall Street but not enough to erase the market’s gains for the week. The S&P 500 was down 0.4% in the first few minutes of trading Friday.

OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food products, petroleum and coal products and transportation equipment. The increase followed at 2.0 per cent decline in June.

LONDON (AP) — European regulators slapped TikTok with a $368 million fine on Friday for failing to protect children's privacy , the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules

DETROIT (AP) — The United Auto Workers union says it will go on strike at three vehicle assembly plants as it presses Detroit companies to come up with better wage and benefit offers.

TORONTO — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.

Vancouver-based Canfor has announced plans to build a new manufacturing facility in Houston, B.C., about eight months after the forestry firm shut down its sawmill in the same community of about 3,000 residents.

Tired of its sports drink business weighing on its books, Canopy Growth Corp. is making moves to shed the division. The Smiths Falls, Ont.

MONTREAL — Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT Inc. chief executive Annick Guérard.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,567.84, up 288.90 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 14 cents, or 8.97 per cent, to $1.70 on 22.

TORONTO — Canada's main stock index gained almost 300 points on a broad-based rally led by base metal stocks as the price of oil reached US$90 per barrel, while U.S. stock markets also rose.