National Business

NEW YORK (AP) — Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings. The approximately $8.

Canopy Growth Corp.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,275.27, up 69.29): Suncor Energy Inc. (TSX:SU). Energy. Up 87 cents, or 2.09 per cent, to $42.60 on 10.2 million shares.

TORONTO — Companies marketing themselves in connection with Taylor Swift's future swing through Toronto might feel an afterglow that outlives the pop star's handful of shows in the country — but such brands also face several risks in tying themselves

TORONTO — Canada's main stock market inched upward in trading on Wednesday, rebounding slightly from the day before even as U.S. markets sagged. The S&P/TSX composite index rose 69.29 points to 20,275.

NEW YORK (AP) — Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation that's on the way. The S&P 500 fell 31.67, or 0.7%, to 4,467.71 for its sixth drop in the last seven days.

WASHINGTON (AP) — In a sign of growing strains between the world's two biggest powers, President Joe Biden signed an executive order Wednesday that would block and regulate high-tech U.S.-based investments going toward China .

HALIFAX — Nova Scotia's electric utility says its plans to nearly double its tree-trimming budget should improve reliability in electrical service when the next hurricane strikes.

MONTREAL — Metro Inc. said Wednesday that its earnings surged in its latest results, fuelled by higher same-store sales and a favourable tax ruling, as the company faces calls from striking workers to share more of those gains.

RICHMOND HILL, Ont. — Used vehicle prices continued to moderate in the first half of the year but remain higher than historical levels amid vehicle sourcing challenges, according to the results of a survey by DesRosiers Automotive Consultants.