National Business

NEW YORK (AP) — Most stocks closed lower as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed Monday. The Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.

NEW YORK (AP) — Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening statements Monday in a fraud lawsuit that could cost him control of Trump Tower and other prized properties.

CALGARY — Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year.

TORONTO — Laurentian Bank has named both a new chief executive and board chair following a major system outage last week that the bank is still working to fully resolve.

OTTAWA — The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company's search engine is covered by Canada's privacy law, marking another victory for people seeking a digital "right to be forgotten.

NEW YORK (AP) — For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer.

ABU DHABI, United Arab Emirates (AP) — The Emirati president-designate of the upcoming United Nations COP28 climate talks urged oil and gas companies Monday to be “central to the solution” for climate change, a message delivered even as the industry

TORONTO — Spin Master Corp. says it has signed a deal for the global toy licence for Dora, the new reboot of the Dora the Explorer franchise coming next year. Financial terms of the agreement were not immediately available.

TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.