National Business

CALGARY — Enbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the Gray Oak oil pipeline in Texas.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,181.44, down 88.53 points.) Barrick Gold Corp. (TSX:ABX). Materials. Down 44 cents, or 2.03 per cent, to $21.21 on 10.

North American markets saw broad-based declines Wednesday, raising the spectre of more volatility ahead as investors continue to worry about inflation and the possibility of recession. The S&P/TSX composite index was down 88.53 points at 20,181.

CALGARY — The Crown asked for a sentence of 10 to 12 years Wednesday for a Calgary man who bilked clients out of millions of dollars in a Ponzi scheme.

WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S.

NEW YORK — Stocks closed lower on Wall Street, led by drops in big technology companies and erasing the S&P 500′s gains for the week. The S&P 500 fell 0.7% Wednesday, while the Dow Jones Industrial Average and the Nasdaq also fell.

CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the way they distributed opioids to custome

ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope.

MONTREAL — The Caisse de dépôt et placement du Québec reported a loss of 7.9 per cent for the first six months of this year.

Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations., brand owner Hudson’s Bay Co. said Wednesday.