National Business

WASHINGTON — Finance Minister Chrystia Freeland warned a U.S. audience Wednesday about the potential dangers of a global subsidy "race to the bottom" as government largesse fuels the growth of the new green economy. Freeland, in the U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,454.32, up 32.47): Toronto-Dominion Bank (TSX:TD). Financials. Down 81 cents, or one per cent, to $80.50 on 8.9 million shares.

TORONTO — Canada's main stock index eked out a gain Wednesday, while U.S. markets slumped later in the day to post small losses on the heels of fresh inflation data. The S&P/TSX composite index was up 32.47 points at 20,454.32.

WASHINGTON (AP) — Turmoil in the banking system after two major banks collapsed led many Federal Reserve officials to envision fewer rate increases this year out of concern that banks will reduce their lending and weaken the economy.

TORONTO — Rogers Communications Inc.

ST. JOHN'S, N.L. — Newfoundland and Labrador's Muskrat Falls hydroelectric project is considered commissioned after years of delays and billions of dollars in cost overruns.

WASHINGTON — National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR's account with labels the news organization says are intended to undermine its credibility.

WILMINGTON, Del. (AP) — The judge presiding over a defamation case against Fox News said Wednesday he likely will order an independent review to determine whether the network improperly withheld evidence, a step that could lead to sanctions.

TORONTO — The City of Toronto and Maple Leaf Sports and Entertainment have drafted an agreement detailing their proposed partnership surrounding the 2026 FIFA World Cup, which aims to shield the company from suffering any losses related to matches in

"This is good news, but it is not job done," Macklem said at a news conference in Ottawa.