National Business

IQALUIT, Nunavut — Amazon.com Inc. is significantly slashing its shipping times for some customers in Nunavut.

CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union that represents 360 signal maintainers at the railway in Canada.

WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse.

LONDON — Qatar's sports broadcasting network retained the rights to air all English Premier League games on Thursday for another three years in the Middle East amid a long-running dispute with Saudi Arabia over the pirating of broadcasts.

The Canada Energy Regulator says a contractor was seriously injured Tuesday at a construction site for the Trans Mountain pipeline expansion project in British Columbia.

MARKHAM, Ont. — Honda says it will recall 130,000 vehicles in Canada, including certain Fit, Civic, Accord, Insight and Acura ILX models, after announcing a similar recall of 1.4 million vehicles in the U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,567.42, up 60.94 points.) Air Canada (TSX:AC). Industrials. Down $2.65, or 10.06 per cent, to $23.69 on 15.6 million shares.

TORONTO — Canada's main stock index edged higher midweek as a big gain by the country's most valuable company offset weakness in the energy sector. Shares of Shopify Inc. surged 8.3 per cent after a U.S. analyst upgraded the tech darling.

NEW YORK — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S.

CALGARY — The consolidation of beef processing plants in Alberta has kept meat prices affordable in Canada but has also made the industry vulnerable to disease outbreaks, according to a new report.