National Business

TORONTO — A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy.

NEW YORK (AP) — U.S. stocks drifted to a mixed close following several weeks of sharp swings. The S&P 500 rose 0.4% higher Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.8%.

CALGARY — A deal that was billed as Canada's largest-ever Indigenous equity ownership agreement has hit a snag. TC Energy Corp.

TORONTO — A new report says August rental rates fell in some of Canada's largest and priciest markets to continue a months-long trend, while prices rose in smaller markets. The report from Rentals.

WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans' purchasing power.

TORONTO — While Canada Soccer says a new labour agreement with its players is contingent on a reworked deal with Canadian Soccer Business, CSB says it "proactively made a new, landmark offer" six weeks ago.

NANAIMO, B.C. — Finance Minister Chrystia Freeland says the required consultation period to impose tariffs on more clean energy goods coming from China will begin today.

Canada needs to seize opportunities to secure its place in the changing global trade landscape, Bank of Canada governor Tiff Macklem said.

WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans' purchasing power.

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