National Business

NEW YORK (AP) — Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation that's on the way. The S&P 500 fell 31.67, or 0.7%, to 4,467.71 for its sixth drop in the last seven days.

WASHINGTON (AP) — In a sign of growing strains between the world's two biggest powers, President Joe Biden signed an executive order Wednesday that would block and regulate high-tech U.S.-based investments going toward China .

HALIFAX — Nova Scotia's electric utility says its plans to nearly double its tree-trimming budget should improve reliability in electrical service when the next hurricane strikes.

MONTREAL — Metro Inc. said Wednesday that its earnings surged in its latest results, fuelled by higher same-store sales and a favourable tax ruling, as the company faces calls from striking workers to share more of those gains.

RICHMOND HILL, Ont. — Used vehicle prices continued to moderate in the first half of the year but remain higher than historical levels amid vehicle sourcing challenges, according to the results of a survey by DesRosiers Automotive Consultants.

MONTREAL — WSP Global Inc. is riding high after boosting its earnings forecast for the year, buoyed by organic growth as well as recent acquisitions that have boosted revenues.

Special counsel Jack Smith's team obtained a search warrant in January for records related to former President Donald Trump's Twitter account, and a judge levied a $350,000 fine on the company for a delay in complying, according to court documents re

TORONTO — Brookfield Asset Management Ltd. says it expects to raise a multibillion-dollar bundle of cash this year after boosting distributable earnings last quarter, even as net income fell by a third.

MONTREAL — CAE Inc. is reporting a 13 per cent spike in revenues as commercial aviation bounces back following a prolonged pandemic downturn.

New U.S. Open tournament referee Jake Garner recalls being a chair umpire and having a tough time figuring out in the moment whether a ball bounced twice before a player got it back over the net.