National Business

NEW YORK — Stocks closed higher on Wall Street as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 1.7% Tuesday after a report showed inflation is still high, though no more than expected.

Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state's attorney general said Tuesday.

TORONTO — TerrAscend Corp. says it has applied to list its common shares on the Toronto Stock Exchange.

OTTAWA — As the Liberal government drafts its spring budget, fiscal experts say it should consider stricter spending rules and higher taxes to improve federal finances.

Andrew Kavchak's decision to retire was less about taking time for himself, and more about taking care of his 22-year-old son, Steven, who has severe autism.

YELLOWKNIFE — An Australian company is set to buy all of Arctic Canadian Diamond Company Ltd.'s assets, including the Ekati diamond mine in the Northwest Territories.

A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.

WASHINGTON (AP) — The Environmental Protection Agency on Tuesday proposed limiting the amount of harmful “forever chemicals” in drinking water to the lowest level that tests can detect, a long-awaited protection the agency said will save thousands of

OTTAWA — Finance Minister Chrystia Freeland is assuring that Canada's financial institutions are secure after meeting with the head of Canada's bank regulator and the Bank of Canada.

Thinking about quitting your job? You’re not alone. Half of Canadian workers plan to look for a new job within the first six months of 2023, according to a poll by business consulting firm Robert Half.