National Business

NEW WESTMINSTER, B.C. — Metro Vancouver's transportation provider TransLink is warning of massive service cuts unless a $600-million funding gap is addressed.

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a pair of class-action lawsuits regarding their involvement in an alleged bread price-fixing scheme.

Loblaw said a boycott of its stores during its latest quarter had a minimal impact, as the company attributed lower profits to a settlement over an alleged bread price-fixing scheme.

OTTAWA — Norad says Canadian and American fighter jets have intercepted a group of Russian and Chinese planes flying near Alaska. The North American Aerospace Defence Command says the planes were detected and tracked on Wednesday.

KANSAS CITY, Kan.

TORONTO — Losses in industrial and base metal stocks dragged Canada's main stock index lower Wednesday, while markets in the U.S. slid.

TORONTO — A body horror flick led by Demi Moore and a dark comedy starring Paul Rudd and Tim Robinson are among the films bound for Midnight Madness at the Toronto International Film Festival.

TORONTO — When Kristy Wieber opened a Toronto dress rental company, she quickly learned her business had an unexpected pain point: dry cleaning.

PHOENIX (AP) — As much of the world swelters , it's not just people who need help with the dog days of summer.

WASHINGTON (AP) — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.