National Business

WASHINGTON (AP) — U.S. consumer prices rose a lower-than-expected 0.3% last month, the smallest increase in seven months and a hopeful sign that a recent jump in inflation may be cooling. The August gain was weaker than the 0.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,666.41, up 33.35 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 85 cents, or 3.66 per cent, to $24.05 on 18 million shares.

The time is now for Canada to invest in retraining to help workers affected by the transition to a greener economy, former Bank of Canada and Bank of England governor Mark Carney said Monday.

BOSTON (AP) — Apple released an emergency software patch to fix a security vulnerability that researchers said could allow hackers to directly infect iPhones and other Apple devices without any user action.

TORONTO — Canada's main stock index rebounded from last week's losses as higher crude oil and natural gas prices drove the energy sector higher but didn't help the loonie.

TORONTO — Cineplex Inc. says a U.K. theatre giant acted in bad faith by delaying a takeover deal of the Canadian company and hoping it would default during the pandemic, a judge heard at the opening of its trial against Cineworld Group PLC.

CALGARY — Amazon Canada is hiking wages as it seeks to fill thousands of new jobs against the backdrop of a labour market that has been dramatically altered by the COVID-19 pandemic.

TORONTO — Activist investor TCI Fund Management Ltd. has stepped up its push for boardroom changes at Canadian National Railway Co. after the company's efforts to take over a U.S. railway hit a wall.

BANFF — Stephane Prevost managed to weather the staffing shortages at his restaurants in Banff, Alta., for most of the summer. But by early August, he had to close one day a week to give his workers a day off.

CALGARY — Crescent Point Energy Corp. is raising its quarterly dividend after what it says has been significant progress in improving its balance sheet strength and sustainability.