National Business

TORONTO — Canada's main stock index rose Monday on broad-based strength, while U.S. markets were mixed as investors anticipated an interest rate cut later in the week. The S&P/TSX composite index closed up 133.42 points at 23,702.07.

HALIFAX — Ottawa is negotiating a $500-million bailout for Nova Scotia's privately owned electric utility, saying the money will be used to prevent a big spike in electricity rates.

NEW YORK (AP) — The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies like Apple and Nvidia.

LA PORTE, Texas (AP) — A massive pipeline fire sent a pillar of flame towering over some Houston suburbs on Monday as first responders evacuated a surrounding neighborhood and tried to keep more nearby homes from catching on fire.

MONTREAL — Politics, public opinion and salary hikes south of the border helped push Air Canada toward a deal that secures major wage gains for pilots, experts say.

TORONTO — Sanniah Jabeen holds a sonogram of the unborn baby she lost after contracting listeria last December. Beneath, it says “love at first sight.

The lead engineer for an experimental submersible that imploded en route to the wreck of the Titanic testified Monday that he felt pressured to get the vessel ready to dive and refused to pilot it.

HALIFAX — Some Halifax-area landlords say fixed-term leases allow property owners to recoup operating costs they otherwise can’t under Nova Scotia’s rent cap.

In an era of increased strike activity and union power, labour experts say it’s not surprising to see more calls for government intervention in certain sectors like transportation.

FREDERICTON — New Brunswick's finance minister says the province recorded a surplus of $500.8 million for the fiscal year that ended in March. Ernie Steeves says the amount — more than 10 times higher than the province's original $40.