National Business

TORONTO — Energy and technologies helped push Canada's main stock index lower as a shrunken U.S. economy last quarter and aggressive comments from Fed officials had investors worrying about weaker demand and a potential recession.

NEW YORK — Stocks ended mostly lower on Wall Street Wednesday, keeping the market on track for its fourth monthly loss this year. The S&P 500 fell 0.1%.

NEW YORK (AP) — Fox News Channel is airing the Jan. 6 committee hearings when they occur in daytime hours and a striking number of the network's viewers have made clear they'd rather be doing something else.

FREDERICTON — New Brunswick's premier says a liquefied natural gas facility in Saint John could be modified to reverse the flow and help reduce Europe's reliance on fossil fuels from Russia.

NEW YORK (AP) — Lev Parnas, an associate of Rudy Giuliani who was a figure in former President Donald Trump's first impeachment investigation, was sentenced Wednesday to a year and eight months in prison for fraud and campaign finance crimes by a jud

The rising cost of living may have contributed to a surge in cigarette smuggling in Canada, Alimentation Couche-Tard Inc. said Wednesday. “In Canada, we felt pressure on our cigarette sales.

WASHINGTON (AP) — An overwhelming and growing majority of Americans say the U.S. is heading in the wrong direction, including nearly 8 in 10 Democrats, according to a new poll that finds deep pessimism about the economy plaguing President Joe Biden.

CALGARY — IBM Canada says it will establish a new Client Innovation Centre for Western Canada in downtown Calgary. The company says its announcement will create 250 new tech sector jobs in the city.

TORONTO — When Steph Rebello took her first job spearheading equity, diversity and inclusion (EDI) efforts, she was excited to make change in the corporate world — but less than two years later, she was burned out.

WASHINGTON (AP) — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported Wednesday in a slight downgrade from its previous estimate for January-March quarter.