National Business

OTTAWA — Key players and close watchers of Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc.

WASHINGTON — Canada and the United States are laying out the details of their new bilateral workaround for the Nexus trusted-traveller system. The biggest change, to take effect in the spring, will allow U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,599.60, down 29.95): Royal Bank of Canada (TSX:RY). Financials. Down $1.63, or 1.21 per cent, to $133.49 on 14.7 million shares.

Best Buy, one of the country's largest consumer electronics retailers, is laying off about 0.7 per cent of its workforce, estimated to be about 700 employees.

TORONTO — Canada's main stock index closed down just 30 points Wednesday as losses in energy and industrials outweighed gains in other areas, while U.S. stock markets were mixed. The S&P/TSX composite index was down 29.95 points at 20,599.60.

BANFF, Alta. — Banff tourism officials have joined the call for better management of visitor traffic in the most heavily visited parts of the national park.

NEW YORK (AP) — Stocks shook off an early slide and wound up little changed as worries about corporate profits weighed on the market. The S&P 500 ended barely lower and the Dow ended barely higher. The Nasdaq fell 0.2%.

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.

TORONTO — A Postmedia Network Corp. memo obtained by The Canadian Press shows the newspaper publisher has shuffled editors of its Prairies papers a day after it announced 11 per cent of staff would be laid off.

OTTAWA — Shopify Inc. is raising prices for three of its service plans after they remained "largely unchanged" for 12 years.