National Business

TORONTO — Canada's main stock index enjoyed its strongest day of 2022 as the price of oil closed above US$80 a barrel to its highest level in two months. At the same time, U.S.

WASHINGTON (AP) — Medicare said Tuesday it will limit coverage of a $28,000-a-year Alzheimer's drug whose benefits have been widely questioned, a major development in the nation's tug-of-war over the fair value of new medicines that offer tantalizing

CALGARY — A cattle industry group says it is hopeful a newly imposed import ban on Canadian beef by China and two other Asian countries will be temporary.

Nike Inc. has launched a lawsuit against Lululemon Athletica Inc. accusing the athletic apparel maker of patent infringement with its new Mirror home gym.

WASHINGTON (AP) — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed to stem surging pr

TORONTO — Bhagyashri Pawar was surprised to see a previous employer make headlines last year for its investments in mental health programs for its staff.

CALGARY — Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion in 2021. The company says its plan includes $3.

CALGARY — TransAlta Renewables Inc. says it will have to replace all 50 turbine foundations at a wind farm in New Brunswick where a tower collapsed last year.

CHICAGO (AP) — Students are poised to return to Chicago Public Schools after leaders of the teachers union approved a plan with the nation's third-largest district late Monday over COVID-19 safety protocols, ending a bitter standoff that canceled cla

TORONTO — Rogers Communications Inc. has appointed Tony Staffieri permanent president and chief executive officer, effective immediately. Staffieri had been interim CEO since Nov. 16, when Rogers says its board of directors began an executive search.