National Business

CAPE CANAVERAL, Fla. (AP) — A privately owned lunar lander touched down near the moon’s south pole Thursday, but as the minutes ticked by, flight controllers could not confirm its condition or whether it was even upright.

Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival.

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.

LOS ANGELES (AP) — The average rate on a 30-year mortgage in the U.S. eased for the seventh straight week, a trend that gives prospective homebuyers more financial flexibility just as the spring homebuying season gets going. The rate fell to 6.

FRANKFURT, Germany (AP) — The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face

TORONTO — A stirring of unfamiliar patriotism in response to U.S. hostility is leading many Canadians to spend money closer to home, but on the question of investing more domestically, experts say there’s less reason to shift habits.

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.

MONTREAL — Lightspeed Commerce Inc. has named veteran executive Manon Brouillette as its new executive chair of its board of directors, effective April 1.

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

REGINA — Saskatchewan Premier Scott Moe said Wednesday the province will stop purchasing American booze and work to stop buying other U.S. goods. His comments come one day after U.S.