National Business

TORONTO — Canada's main stock index gained 1.6 per cent Tuesday in a broad-based rally led by financials, base metals and utilities, while U.S.

TORONTO — Manulife Financial Corp. says it has cut 250 jobs globally in its investment management division. The cuts, first reported by trade publication Ignites, include employees in Canada, the United States, the United Kingdom and Asia.

The mayor of Windsor, Ont., has drawn renewed attention to a push from Amtrak and Via Rail to link their lines across the U.S.-Canada border and revive passenger service between Toronto and Chicago before the decade is out.

TORONTO — Sun Life Financial Inc. is increasing its focus on partnerships as it looks to further expand, especially in Asian markets.

VANCOUVER — British Columbia real estate sales and prices bumped up slightly in October compared with a year ago in what is being described as a balanced market. Figures from the B.C.

LOS ANGELES (AP) — It will take at least three weeks to repair a Los Angeles freeway damaged in an arson fire, the California governor said Tuesday, leaving the city already accustomed to soul-crushing traffic without part of a vital artery that serv

WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.

CALGARY — Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction.

NEW YORK (AP) — Stocks are leaping after a report on U.S. inflation sent waves of relief through Wall Street. The S&P 500 was 1.4% higher in early trading Tuesday and near its best level in two months.

TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago when its results were boosted by the sale of its stake in the PLM loyalty program.