National Business

TORONTO — As a marketing expert, Markus Giesler was aghast after hearing Coldplay frontman Chris Martin blast Toronto's brand new Rogers Stadium onstage.

OTTAWA — The Conservative party's spending outstripped its record fundraising total in 2024 as it ramped up advertising and internal polling ahead of the federal election.

TORONTO — A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients.

TORONTO — EQB Inc. has named its former chief financial officer Chadwick Westlake as its next CEO, succeeding Andrew Moor who died unexpectedly last month. Westlake, who will assume the role effective Aug.

TORONTO — A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility.

QUÉBEC — The Quebec government has reassigned the president and CEO of the province's auto insurance board. Éric Ducharme's dismissal from the top job was confirmed by a government source who was not authorized to speak publicly.

THUNDER BAY — Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low palladium prices.

NEW YORK (AP) — X CEO Linda Yaccarino said she’s stepping down after two years running Elon Musk’s social media platform.

DUBAI, United Arab Emirates (AP) — A Liberian-flagged cargo ship attacked by Yemen's Houthi rebels sank Wednesday in the Red Sea, with a European naval force in the Mideast saying only six of the 25 on board had been found so far.

NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value Wednesday after a two-year investor frenzy driven by the artificial intelligence boom. Nvidia shares rose 2.