National Business

OTTAWA — Prime Minister Justin Trudeau is heading to Washington, D.C., next week to take part in the NATO leaders' summit as a new survey shows most Canadians hold a favourable view of the military alliance.

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates.

WASHINGTON (AP) — U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Vacancies rose from a revised 7.

VANCOUVER — American Rapper Rick Ross has been involved in a violent altercation in Vancouver, where he performed a concert on Sunday.

Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climate-changing gases into the air than it removes, by 2030.

CALGARY — Whitecap Resources Inc. has signed a deal to sell a 50 per cent stake in its Kaybob complex natural gas processing facility to Pembina Gas Infrastructure for $420 million.

Chit-chat around the water cooler introduced Sarah Prince to her first budgeting app. A decade later, Prince says she still sees their value even after her favourite financial tool went under earlier this year.

CALGARY — Gibson Energy Inc. says veteran energy executive Curtis Philippon has been named as the company's next president and chief executive. He will begin the job effective Aug. 29.

TORONTO — Restaurant Brands International says it's spending up to $45 million on two deals intended to boost its presence in China and spur growth in what the company sees as a promising market.

FRANKFURT, Germany (AP) — Inflation in the 20-nation eurozone crept lower to 2.