National Business

Despite the coronavirus pandemic hurting sales of most of its products, Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a huge litigation charge in the year-ago quarter.

Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes involving the 737 Max.

GENEVA — International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing.

CHARLOTTE, N.C. — Citigroup says profit fell 34% in the third quarter due to weakness in its consumer banking division, as the pandemic continues to make it tough for millions of Americans and businesses to pay their bills.

SILVER SPRING, Md. — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer price index rose 0.2% last month, after gaining 0.4% in August, the Labor Department reported Tuesday.

LONDON — Unemployment in the U.K.

TORONTO — Porter Airlines Inc. is extending its suspension of all flights until Dec. 15, five weeks after its previously announced target to resume flying.

CALGARY — Investors in Canadian gold mining companies are being rewarded with higher dividends as gold prices settle near US$1,900 per ounce after setting record highs above US$2,070 in August. Toronto-based Kirkland Lake Gold Ltd.

A pair of new reports say Canada is undergoing a "K-shaped recovery," with working-class Canadians going deeper into debt while those at the top prosper.

WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.