National Business

WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.

TORONTO — Superior Plus Corp. has signed a deal to buy Certarus Ltd., a privately owned distributor of compressed natural gas, renewable natural gas and hydrogen, in a deal valued at $1.05 billion including debt.

LAVAL, Que. — Alimentation Couche-Tard Inc. has signed a deal to buy all of the membership interests of U.S. company True Blue Car Wash LLC.

NEW YORK (AP) — Two top associates of Sam Bankman-Fried have pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX in cooperation deals, a federal prosecutor announced Wednesday in a stunning development that came as t

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,571.1, up 264.21): Suncor Energy Inc. (TSX:SU). Energy. Up $1.04, or 2.52 per cent, to $42.29 on 9.8 million shares.

TORONTO — Canada's main stock index gained almost 1.4 per cent Wednesday on broad-based gains, while U.S. markets rose further. The S&P/TSX composite index was up 264.21 points at 19,571.1.

HALIFAX — A prominent credit rating agency has downgraded the bonds of Nova Scotia's electrical utility amid the company's conflicts with the provincial government.

NEW YORK — Stocks rose on Wall Street, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected.

OTTAWA — The country's annual inflation rate edged down slightly in November, but that's little relief for Canadians as grocery and shelter costs remain stubbornly high.

Grocery inflation in Canada surged again in November as the price of basics like bread, eggs and dairy products shot up. Prices for food purchased from stores rose 11.