National Business

U.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in eight months the previous week, as the labor market continues to defy the Federal Reserve's interest rate hikes meant to cool it.

BALTIMORE (AP) — A man wanted in the killing of a Baltimore tech entrepreneur has been arrested, police said early Thursday.

TORONTO — Canada's near-term economic struggles will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said. A better-than-expected U.S.

HONG KONG (AP) — Share trading of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,435.98, down 120.17): Canadian Natural Resources Limited. (TSX:CNQ). Energy. Up $1.99, or 2.28 per cent, to $89.10 on 18.

VANCOUVER — Lululemon Athletica Inc. says it has struck a five-year partnership with Peloton Interactive Inc.

TORONTO — Canada's main stock index declined by more than 100 points on Wednesday despite strength in energy stocks as the price of oil climbed higher, which wasn't enough to offset broad-based losses. The S&P/TSX composite index was down 120.

DETROIT (AP) — The United Auto Workers union says it will announce on Friday how it plans to expand its strike against Detroit's three automakers. The union says President Shawn Fain will make the announcement at 10 a.m.

TORONTO — Members of Canada’s tech community are concerned about how the country will rein in the risks of artificial intelligence without stifling innovation.

TORONTO — Interac Corp. is broadening the range of financial institutions that can participate in its e-transfer service, with financial services firm Wealthsimple as the first to become a new participant under the expansion.