National Business

GUANGZHOU, China (AP) — The U.S. and China agreed to hold talks that will address a key American complaint about China's economic model, Treasury Secretary Janet Yellen said Saturday on the second day of an official visit to China.

WHITEHORSE — The Whitehorse Star newspaper in Yukon is closing after 124 years. The newspaper's front page on Friday announced that its last publication day will be May 17.

NEW YORK (AP) — Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada due to a defect in the products' child-resistant packaging.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,264.38, up 212.59 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 42 cents, or 0.52 per cent, to $80.63 on 16.

TORONTO — Canadian and American markets moved higher on Friday, with the TSX posting a new all-time closing high, even as jobs reports in both countries painted different economic pictures. The S&P/TSX composite index closed up 212.

NEW YORK — Stocks posted solid gains on Wall Street as a strong report on employment showed the U.S. economy continues to chug along. The S&P 500 rose 1.1% Friday. The Dow Jones Industrial Average rose 307 points and the Nasdaq composite rose 1.

Alberta's irrigation district managers are proposing a $5-billion plan for water storage and conservation in the province's south as the region faces increasingly tight supplies of the vital resource.

OTTAWA — Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work and job growth stalled — solidifying expectations of a June interest rate cut.

CALGARY — The proposed US$3.4-billion Cedar LNG facility is looking more likely to become a reality in the wake of recent positive statements by the project partners. RBC Capital Markets said Friday it expects Pembina Pipeline Corp.

With Monday's solar eclipse expected to draw tens of thousands to regions along the path of totality in Eastern Canada, major cellphone and internet providers say they're ready to handle a surge in wireless traffic in those areas.