National Business

Attendees of this year’s Coachella music festival have posted viral videos adding up their expenses from the weekend — with costs reaching the thousands for flights, hotels, food, drinks, outfits and rideshares.

WASHINGTON (AP) — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing.

A downturn seems like the worst time to start a business. But just as the pandemic was upending the economy and forcing many small businesses to close, Carter Sullivan launched a startup.

TOKYO (AP) — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market , indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time.

TORONTO — After the death of Rogers family matriarch Loretta Rogers this past weekend, one corporate governance expert said Monday that it would be wise for Rogers Communications Inc. to wait until its $26-billion deal with Shaw Communications Inc.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,742.56, down 532.26 points.) UEX Corp. (TSX:UEX). Materials. Up eight cents, or 28.1 per cent, to 36.5 cents on 15.3 million shares.

TORONTO — Canada's main stock index moved into correction territory to start the trading week as hot U.S. inflation accelerated worries of a supercharged interest rate hike this week that could help push the U.S. economy into recession.

BUCHA, Ukraine (AP) — The lush green beauty of a pine forest with singing birds contrasted with the violent deaths of newly discovered victims of Russia's war in Ukraine , as workers exhumed bodies from another mass grave near the town of Bucha on Ky

Ottawa's suspension of randomized COVID-19 testing at customs marks a major shift toward clearing clogged terminals, but more measures are needed to end airport gridlock, industry groups say.

CALGARY — British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.