National Business

PORTLAND, Ore. (AP) — A group led by Carolina Hurricanes owner Don Dundon has reached a tentative agreement with Paul Allen’s estate to buy the Trail Blazers and keep the team in Portland.

PORTLAND, Ore. (AP) — Paul Allen’s estate has agreed to a tentative agreement to sell the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon.

OTTAWA — The Canadian Union of Postal Workers says it will hold two days of talks with Canada Post.

Gildan Activewear Inc. has gone from potential takeover target last year to it being the big-time buyer as it snaps up HanesBrands Inc. for US$2.2 billion.

TORONTO — Ontario is opening up a $1-billion fund aimed at giving relief to businesses affected by steel, aluminum and auto tariffs.

Travellers say they are bracing for uncertainty as Air Canada prepares to gradually suspend flights ahead of a potential work stoppage on Saturday.

NEW YORK (AP) — Amazon is now rolling out a service where its Prime members can now order their blueberries and milk at the same time as basic items like batteries and T-shirts and get them within hours.

VANCOUVER — Sales of homes in British Columbia grew in July compared with the same month last year, but year-to-date numbers show transactions remain slower.

MONTREAL — Flight simulator maker CAE Inc. reported a first-quarter profit attributable to equity holders of $57.2 million, up from $48.3 million in the same quarter last year.

After carefully planning a summer vacation, the last thing on your mind should be finding alternate transportation. But some travellers could be left scrambling as the clock ticks down to a possible work stoppage at Air Canada.