National Business

LOS ANGELES (AP) — Rapper and fashion mogul Ye's high-end clothing company Yeezy agreed Monday to pay $950,000 to settle a lawsuit brought by four California district attorneys over slow shipping to customers.

MONTREAL — Tourism operators are of two minds about the opening of the U.S. land border Monday.

TORONTO — The afterglow of last week's economic and employment gains propelled North American stock markets further along their record runs. The S&P/TSX composite index was up 100.72 points to a record close of 21,556.54 after peaking at 21,585.

COUTTS, Alta. — The mayor of a village in southern Alberta says the sun rose above the longest row of vehicles the border community had ever seen Monday a few hours after the Canada-United States border restrictions were eased.

WASHINGTON (AP) — Randal Quarles announced Monday that he will resign from the Federal Reserve's Board of Governors at the end of the year after completing a four-year term as its top bank regulator, opening up another vacancy on the Fed's influentia

LOS ANGELES (AP) — People entering a wide variety of businesses in the city of Los Angeles began having to show proof of COVID-19 vaccination on Monday as one of the country's strictest measures intended to slow spread of the coronavirus took effect.

CALGARY — Tech giant Amazon says it has broken ground on its second Canadian cloud-computing server hub — this one to be located in Calgary, bringing billions of dollars of investment to the region.

SILVER SPRING, Md.

TORONTO — Freshii Inc. says it has signed a deal with a hospitality operator to open 20 new restaurants in the United States over six years — the largest multi-unit franchise agreement in the company's history.

WATERLOO, ONT. — OpenText has signed a deal to buy U.S. company Zix Corp. Inc. in a deal valued at US$860 million, including debt. Under the deal, Ontario-based OpenText will pay US$8.50 per share in cash for the company.