National Business

NEW ORLEANS (AP) — Tropical Storm Claudette formed Saturday morning along the U.S. Gulf Coast, bringing heavy rains and flooding to coastal states including Louisiana, Mississippi and Alabama. The National Hurricane Center in Miami said in a 4 a.m.

DUBAI, United Arab Emirates (AP) — Iranians voted Friday in a presidential election dominated by Supreme Leader Ayatollah Ali Khamenei's hard-line protege after the disqualification of his strongest competition, fueling apathy that left some polling

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,999.59, down 144.45 points.) Argonaut Gold Inc. (TSX:AR). Materials. Up five cents, or 1.66 per cent, to $3.06 on 17.2 million shares.

TORONTO — CBC announced new diversity rules for its programs Friday that require nearly one-third of key creative players behind new programs to be members of under-represented communities.

TORONTO — Canada's main stock index had its first losing week since early May and dropped below the 20,000-point milestone for the first time in two weeks as the prospect of early interest rate hikes rattled investors.

JERUSALEM (AP) — The Palestinian Authority called off an agreement whereby Israel would transfer 1 million doses of coronavirus vaccines to it in exchange for a similar number later this year, hours after the deal was announced on Friday.

NEW DELHI (AP) — India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's COVID-19 task force said Friday.

TORONTO — Brookfield Infrastructure Partners LP has revised its hostile takeover offer for Inter Pipeline Ltd. to give shareholders the option to receive their entire payment in cash, instead of a mix of cash and shares, if they desire.

He describes the luxury apparel market as a three-legged stool: Handbags, footwear and – the up-and-comer – outerwear. It’s that last leg that has industry veteran Victor Luis investing in Canadian upscale parka and sportswear brand Moose Knuckles.

NEW YORK (AP) — Rapper IDK is launching a music business program at Harvard University for students of color.