National Business

BRUSSELS — A European Union court on Wednesday delivered a hammer blow to the bloc’s attempts to rein in multinationals' ability to strike special tax deals with individual EU countries when it ruled that Apple does not have to pay 13 billion euros (

LOS ANGELES — CBS Television and the NAACP have reached an agreement to develop content that tells stories of the African American experience.

WASHINGTON — Production at America's factories, utilities and mines surged last month, but remained well below pre-pandemic levels. The Federal Reserve said Wednesday that U.S. industrial production rose 5.

OTTAWA — Statistics Canada says manufacturing sales rose in May after posting a record plunge in April, but remained well below their pre-pandemic level. The agency says manufacturing sales rose 10.7 per cent to $40.

CALGARY — A Calgary-based private mobile lab company is offering blood testing to detect antibodies associated with COVID-19.

TORONTO — Canada's main stock index got its biggest lift in more than a month as its three largest sectors advanced, while U.S. markets also increased despite mixed banking quarterly results.

As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply — and be careful of stoking too much demand.

GATINEAU, Que. — Elanco Animal Health has agreed to make changes to a US$7.6-billion deal to buy several health care products for animals from Bayer AG in order to get approval from a Canadian regulator.

Canadian trials have just begun for a prospective COVID-19 vaccine but its Quebec-based manufacturer is already tempering expectations.

Delta Air Lines lost $5.7 billion during a brutal three-month stretch in which the coronavirus pandemic brought travel to a near standstill, and any hoped-for recovery has been smothered by a resurgence of infected Americans.