National Business

TORONTO — Canada's main stock index eked out a gain Wednesday, weighed down by weakness in energy and metals, while U.S. markets rose ahead of the much-anticipated inflation data coming Thursday, and the start to earnings season on Friday.

NEW YORK (AP) — Wall Street neared a record high ahead of a highly anticipated report on inflation, which could show whether all the excitement that’s vaulted stocks higher recently is warranted. The S&P 500 rose 0.6% Wednesday and is just 0.

VANCOUVER — Canadians have until later today to opt out of a class-action lawsuit that could see Apple pay up to $14 million collectively to some iPhone users. The class action filed in 2018 against defendants Apple Inc. and Apple Canada Inc.

The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc.

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit.

WASHINGTON — The U.S. army says Bombardier Inc. has won a contract to supply up to three Global 6500 business jets for conversion into a spy plane prototype.

NEW YORK (AP) — Donald Trump won't make his own closing argument in his New York civil business fraud trial after his lawyers objected to the judge's insistence that the former president would stick to “relevant” matters.

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit.

TORONTO — Property services company FirstService Corp. says it has closed three small acquisitions in the U.S. Financial terms of the deals were not disclosed.

LONDON (AP) — False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarize society is the top immediate risk to the global economy, the World Economic Forum said in a report We