National Business

DETROIT (AP) — Mercedes-Benz is telling the owners of more than 292,000 vehicles in the U.S. to stop driving them due to a problem that could cause the brakes to fail.

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked up to 5.3% from 5.

TORONTO — Brookfield Asset Management Inc. says it will spin off its asset management business into a separate publicly listed company.

WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.

HELSINKI (AP) — Finland’s leaders said Thursday they’re in favor of rapidly applying for NATO membership, paving the way for a historic expansion of the alliance that could deal a serious blow to Russia as its military struggles with its war in Ukrai

TORONTO — Gas prices have smashed records in recent weeks as the world grapples with Russia's invasion of Ukraine and demand has soared as the economy reopens. The daily average retail price for gas across the country hit an all-time high of $197.

SEOUL, South Korea (AP) — North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record keeping out the virus that has spread

ZAPORIZHZHIA, Ukraine (AP) — Ukraine’s top prosecutor disclosed plans Wednesday for the first war crimes trial of a captured Russian soldier, as fighting raged in the east and south and the Kremlin left open the possibility of annexing a corner of th

FORT WORTH, Texas (AP) — Jurors in a civil lawsuit decided Wednesday that American Airlines did not bear responsibility for an alleged sexual assault against a flight attendant by a celebrity chef who was hired by the airline as an independent contra

TORONTO — Sun Life Financial Inc. says it earned $858 million in the first quarter of this year, down eight per cent from the $937 million it earned in the first quarter of 2021.