National Business

NEW YORK (AP) — U.S. stocks drifted to a mixed close as Wall Street’s momentum cooled following its latest record-setting day. The S&P 500 ended just barely lower Thursday, a day after setting an all-time high for the 25th time this year.

MONTREAL — Rail workers have rejected an offer from Canadian National Railway Co. to enter into binding arbitration, as the country's largest railroad operator tries to steer clear of a strike in a move the union called disingenuous.

A new report says the average asking rent for a home in Canada hit a record $2,202 in May, up 9.3 per cent compared with a year ago and 0.6 per cent from the previous month. The report by Urbanation and Rentals.

MONTREAL — Transat A.T. Inc. felt the headwinds of stiff competition, engine recalls and the threat of a union strike last quarter, which together conspired to drain more money from the struggling tour operator.

TORONTO — Bell Media's 10 free ad-supported streaming channels will launch on new platforms this year.

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom , according to people familiar with the pending actions.

CALGARY, ALBERTA, CANADA — Residents in Calgary were directed Thursday not to take showers or baths and some were told to boil their water as the city grappled with a major water main break.

CAPE CANAVERAL, Fla. (AP) — Boeing’s new capsule arrived at the International Space Station on Thursday, delayed by last-minute thruster trouble that almost derailed the docking for this first test flight with astronauts .

Visitors injected billions of dollars into Toronto’s economy last year, a new study finds, but tourists have yet to return to pre-pandemic levels amid signs of slowing growth. Some 26.5 million visitors arrived in 2023 and spent $8.

NEW YORK (AP) — Inspired by an 18th century Scottish philosopher and the modern scourge of misinformation, Suzanne Collins is returning to the ravaged, post-apocalyptic land of Panem for a new “The Hunger Games” novel.