National Business

NEW YORK (AP) — Stocks drifted lower on Wall Street on a down day for tech stocks. The S&P 500 fell 0.2%. The Dow Jones Industrial Average slipped 0.1% Wednesday, and the Nasdaq composite sank 0.5% a day after nearing its record set in 2021.

NEW YORK (AP) — A New York appellate judge on Wednesday refused to halt collection of Donald Trump’s $454 million civil fraud penalty while he appeals, rejecting the former president’s request that he be allowed to post a bond covering just a fractio

TORONTO — Royal Bank of Canada joined its peers this quarter in setting more money aside for potentially bad loans, but the bank is also working to position itself to capture the substantial sums of money lying in wait for when economic trends shift.

WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.

DETROIT (AP) — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an

Wendy's says that it has no plans to increase prices during the busiest times at its restaurants.

The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.

TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.

BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $13.5 million, up from $8.8 million a year earlier, as its revenue rose 10 per cent.

LONDON (AP) — Prince Harry was not improperly stripped of his publicly funded security detail during visits to Britain after he gave up his status as a working member of the royal family and moved to the U.S., a London judge ruled Wednesday.