National Business

WASHINGTON — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.

Canadian technology company Lightspeed is testing its fortunes on the U.S. market, in hopes that investors will want a piece of its digital payments business. Shares of Lightspeed POS Inc.

NEW YORK — Following the less-than-stellar theatrical debut of Christopher Nolan's “Tenet,” Warner Bros. is delaying its next big release, “Wonder Woman 1984," to Christmas.

TORONTO — TekSavvy Solutions Inc. said Friday it won't pay more monthly fees to Bell or Rogers until they rebate tens of millions of dollars they collected over several years before they were ordered to slash their wholesale rates retroactively.

TORONTO — An up-and-down trading session ended in positive territory for Canada's main stock index on Friday while U.S. stock markets were mixed after another day of tech sector instability.

NEW YORK — No celebs packing the front rows. No paparazzi chasing models down the streets. No stiletto-heeled crowds. No crowds at all, actually.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Cabinet retreat Prime Minister Justin Trudeau and his cabinet will hold a two-day retreat starting on Monday.

Retailers are ramping up plans for a transformed Christmas shopping season in response to the COVID-19 pandemic, with strategies to draw buyers early, step up their e-commerce game and convince consumers to buy gifts for far-flung friends and family.

OTTAWA — The amount Canadians owe relative to their income fell in the second quarter as government aid to help offset the economic impact of the COVID-19 pandemic helped lift disposable income rose while the amount of debt was relatively unchanged.

NEW YORK — It's high season for books that pick apart Donald Trump's presidency, and Rachel Maddow is a big beneficiary.