National Business

NEW ORLEANS (AP) — One million gallons of oil have been collected since April 2019 from the site of the nation’s longest oil spill, in the Gulf of Mexico off Louisiana, the Coast Guard and National Oceanic and Atmospheric Administration said Tuesday.

SAN FRANCISCO — Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company.

Canada's main stock index fell to its lowest close in more than 15 months as crude oil prices slumped on renewed COVID-19 lockdowns in China and growing concerns that central bank responses to hot inflation numbers will prompt a recession

NEW YORK — Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and company earnings reports. The S&P 500 fell 0.9%, extending its losing streak to a third consecutive day.

Irving Oil is expanding hydrogen capacity at its Saint John, N.B., refinery in a bid to lower carbon emissions and offer clean energy to customers. The family-owned company said Tuesday it has a deal with New York-based Plug Power Inc.

EDMONTON — Capital Power Corp. and Manulife Investment Management have signed a deal to buy MCV Holding Co., which owns Midland Cogeneration Venture, for US$894 million, including the assumption of US$521 million of project level debt.

OTTAWA — The Conference Board of Canada is cutting its estimate for economic growth for this year and next as central banks around the world hike interest rates in an effort to deal with soaring inflation.

Money is still considered by many to be a taboo topic or private matter, which is why many people avoid sparking up conversations about their personal finances with friends, colleagues and even family.

WASHINGTON (AP) — Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank to pay the salaries of its beleaguered health care workers and provide other essential services.

MONTREAL — Air Canada and Emirates have signed a strategic partnership agreement and plan to establish a code-share relationship later this year. The airlines say the deal will create more options for customers when travelling on their networks.