National Business

Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company. “If OpenAI, Inc.

CALGARY — WestJet announced a multi-billion-dollar, long-term commercial agreement with German aircraft services firm Lufthansa Technik to build a new engine repair station in Calgary.

ST. JOHN'S, N.L. — The Newfoundland and Labrador government is once again trying to off-load its ski resort. The province has published a request for proposals to purchase its Marble Mountain Ski Resort in western Newfoundland.

WASHINGTON (AP) — Conservative lawyer Brooke Rollins was confirmed Thursday as secretary of agriculture, placing a close ally of President Donald Trump into a key Cabinet position at a time when mass deportation plans could lead to farm labor shortag

TORONTO — Sun Life Financial Inc. says it earned $237 million in its fourth quarter. That's down from $749 million a year earlier. The insurance company says diluted earnings per share were 41 cents, down from $1.28 during the fourth quarter of 2023.

TORONTO — Brookfield Corp. reported a net income attributable to shareholders of US$432 million for its fourth quarter, down from US$699 million a year earlier. The company, which keeps its books in U.S.

MONTREAL — Jodie Weiler woke up one Saturday in 2018 to find her property strewn with debris. “There were shingles all over the backyard and all over the sidewalk, and the back portion of our roof had come off,” she said.

WASHINGTON (AP) — U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled , further undercutting expectations for lower interest rates this year.

OTTAWA — A report by the Canadian Federation of Independent Business says 18 per cent of small- and medium-sized businesses are seeing cancelled or paused orders due to the ongoing trade uncertainty with the United States.

U.S. applications for unemployment benefits fell last week as employers continue to retain workers despite resurgent inflation and elevated interest rates.