National Business

NEW YORK (AP) — Kraft Heinz is splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies, currently called Global Taste Elevation Co.

TORONTO — Canada's main stock index fell in late-morning trading, weighed down by losses in technology and base metal stocks, while U.S. markets also moved lower. The S&P/TSX composite index was down 41.36 points at 28,523.09.

TERREBONNE — Steel structure company ADF Group Inc. says it has signed a deal to buy Quebec-based Groupe LAR Inc. for $19 million in cash and shares.

OTTAWA — The federal finance minister said Tuesday he wants to address service delays at the Canada Revenue Agency within 100 days, even as Ottawa plans spending cuts across the public service.

Quebec artificial intelligence institute Mila has a new scientific director. Hugo Larochelle started in the job today. He is the former head of Google's AI research lab in Montreal and an adjunct professor at the Université de Montréal.

TORONTO — CIBC has named former Manulife executive Marianne Harrison to its board of directors. She will join the board effective Sept. 8.

Your group chat is blowing up with messages from friends boasting about how much they made on a recent high-flying stock, but you don't have anything to add to it — because you don't own it.

VANCOUVER — Telus Corp. has signed a deal to acquire the shares of Telus International (Cda) Inc. it does not already own for a total of US$539 million, reversing its move to spin off the business in 2021.

NEW YORK (AP) — U.S. stocks are tumbling, and some of Wall Street’s biggest stars are leading the way lower. The S&P 500 sank 1.3% early Tuesday and was on track for its worst loss in a month.

CALGARY — Enbridge Inc. says it is going ahead with a pair of natural gas transmission projects.