National Business

NEW YORK — British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative.

CALGARY — Canadian energy producers say they are prepared and ready for what could be another spring and summer of drought and wildfires in Western Canada.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,361.78, up 101.48 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 38 cents, or 0.48 per cent, to $80.18 on 12.2 million shares.

TORONTO — BlackBerry Ltd. has announced a deal to work with chipmaker AMD on new robotic systems technology. It made the announcement at the Embedded World conference in Nuremburg, Germany.

LEAMINGTON, Ont. — Shares of cannabis company Tilray Brands Inc. were down more than 20 per cent after it reported its latest quarterly results and cut its full-year guidance. Tilray shares closed down 71 cents at $2.

TORONTO — Broad-based strength led by base metals helped Canada's main stock index gain more than 100 points on Tuesday, while U.S. markets muddled to a mixed close ahead of highly anticipated inflation data coming this week.

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for a fiery February 2023 train derailment in Ohio, but residents worry the money not only won’t go far enough to cover future health needs that could be tremendous

NEW YORK (AP) — Stocks meandered to a mixed close on Wall Street as traders made their final moves before several potentially market-moving reports later in the week. The S&P 500 edged up 0.1% Tuesday.

TORONTO — Canada's two largest mobile carriers say bolstered capacity measures helped their networks handle the extra wireless traffic in hot-spot regions where tens of thousands of people gathered to take in Monday's total solar eclipse. BCE Inc.

TORONTO — The price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.