National Business

President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue.

TORONTO — Losses in the tech sector led Canada's main stock index and U.S. markets lower Friday, as investors made year-end adjustments to their holdings. The S&P/TSX composite index ended down 50.42 points at 24,796.40.

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.