National Business

NEW YORK (AP) — U.S. stocks rose Wednesday as a worldwide rally came back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war . The S&P 500 climbed 1.

MONTREAL — The Quebec Court of Appeal has ordered Air Canada to pay passengers more than $10 million in damages in a class-action lawsuit that alleged they charged more than the ticket price advertised.

TORONTO — A new court filing says Hudson's Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation.

MONTREAL — TFI International Inc. says profits fell 40 per cent in its latest quarter amid weaker shipping demand from consumers and businesses.

TORONTO — The Canadian Securities Administrators says it has indefinitely paused work on developing new mandatory climate disclosures and updating diversity reporting rules in response to recent developments in the United States.

TORONTO — Canada's main stock index and U.S. markets pared back earlier gains but still ended the day up as investors took in the latest comments from U.S. President Donald Trump and the White House.

U.S. President Donald Trump’s shifting trade policies are creating uncertainty for the Canadian forestry industry. Sean McLaren, president and chief executive of West Fraser Timber Co. Ltd.

Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S.

VICTORIA — The British Columbia government is investing up to $11 million toward four projects in the province aimed at boosting the local mass-timber manufacturing sector.

LONDON (AP) — European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc’s digital competition rules .