National Business

MONTREAL — The billionaire founder of the Cirque du Soleil is ending efforts to recover millions of dollars paid to Canadian tax authorities relating to his 2009 stay on board the International Space Station.

WASHINGTON — U.S. construction spending fell 2.9% in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.

WASHINGTON — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.

KAMLOOPS, B.C. — Trans Mountain says it has reached another "key milestone" in the project to triple capacity of a pipeline moving oil from the Edmonton area to port in Burnaby, B.C.

SILVER SPRING, Md. — A federal judge has dismissed a lawsuit in which two former University of Maryland men’s basketball players accused makers of the “Fortnite” video game of misappropriating a dance move that the ex-teammates popularized. U.S.

VANCOUVER — Lundin Gold Inc. says it is moving to restart operations at its Fruta del Norte project in Ecuador after suspending operations on March 22 due to the pandemic. The company says it has started moving supplies to the mine.

TORONTO — Cineplex Inc. says the Investment Canada Act review of its deal to be acquired by Cineworld Group has been extended to June 15. The review period had been set to end today. The deadline to complete the $2.

Every morning when Ariella Baron searched her closet for something to wear to work, she would mentally scroll through her schedule to calibrate her outfit to the tasks the day had in store for her.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rate announcement The Bank of Canada is scheduled to make its latest interest rate announcement on Wednesday.

Michael Raviele agonized for hours over how to break the news to his loyal customers before finally announcing at 4:30 a.m. on May 15 that he was closing Il Gatto Nero, the Italian restaurant his father first opened some six decades prior.