National Business

NEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%.

VANCOUVER — The British Columbia Securities Commission says a man behind one of the province's largest investment frauds has been ordered by the B.C. Supreme Court to use two retirement accounts to pay off a multimillion-dollar fine.

TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion.

Gift cards can be a quick and easy present for those who don't know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

BRAMPTON, Ont. — Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have both entered into automatic share purchase plans with brokers.

WINNIPEG — Manitoba Premier Wab Kinew says a rate freeze on electricity in 2025 is achievable, despite another forecasted financial loss at Crown-owned Manitoba Hydro.

Five-year-old Beau starts each day being carried by one of his parents to the family's living room, where his wheelchair awaits in their Beamsville, Ont., home.

VANCOUVER — A pet food company in Oregon sent out a voluntary recall after a house cat died from eating its products, which tested positive for bird flu, and the company says the same contaminated batch was sold in British Columbia.

Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains.

TORONTO — Shoppers flocked to malls on Thursday to take advantage of Boxing Day deals made more enticing by the federal government’s GST holiday, but some say the lower prices aren’t enough to keep up with the country’s cost of living.