National Business

Canadian car shoppers hoping to buy a used vehicle ahead of a summer road trip can expect two things: Fewer options and higher prices.

ST. JOHN'S, N.L.

OTTAWA — Canada posted a merchandise trade deficit of $1.4 billion in May compared with a surplus in April as imports rose and exports fell.

WASHINGTON (AP) — The U.S. trade deficit widened in May to $71.2 billion as a small increase in exports was offset by a bigger rise in imports. The Commerce Department reported Friday that the deficit rose 3.1% from the revised April deficit of $69.

BUCHAREST (AP) — A large explosion at Romania's largest oil refinery outside the port city of Constanta on Friday left one person dead and several injured, authorities said.

FRANKFURT, Germany (AP) — Some 130 countries have agreed on a global minimum tax backed by President Joe Biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates.

NEW YORK (AP) — Donald Trump’s company and its longtime finance chief were charged Thursday in what prosecutors called a “sweeping and audacious” tax fraud scheme in which the executive collected more than $1.

CAPE CANAVERAL, Fla. (AP) — Virgin Galactic’s Richard Branson is aiming to beat fellow billionaire Jeff Bezos into space by nine days.

The NFL has fined the Washington Football Team $10 million and owner Dan Snyder is stepping away from day-to-day operations for several months after an independent investigation found the organization’s workplace “highly unprofessional," especially f

NEW YORK (AP) — Robinhood saw its revenue more than quadruple early this year as the new generation of investors it’s helped empower shook up Wall Street with their newfound trading power.