National Business

WASHINGTON (AP) — Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chair Jerome Powell “could have used a better word” than “transitory” when describing the expected run of inflation in the U.S. economy.

MONTREAL — Stingray Group Inc. capped a challenging year with net profits plunging to $4.5 million in the fourth quarter despite higher revenues.

TORONTO — Grocery giant Empire Company Ltd. is moving forward with a new loyalty program after becoming a co-owner of the Scene+ program operated by Cineplex Inc. and Scotiabank. The three parties announced the new partnership on Tuesday.

DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn't recall them for as many as 20 years.

Shopify Inc. shareholders voted to solidify founder and CEO Tobi Lütke's voting power for as long as he is at the company andensurehe, his family and affiliates will hold 40 per cent of the company's voting power.

LOS ANGELES (AP) — The U.S. split from Great Britain is history, but the monarchy still has a hold on its former colony's heart.

CALGARY — The clash between the world's thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,928.21, up 109.12 points.) Great-West Lifeco Inc. (TSX:GWO). Financials. Up 38 cents, or 1.1 per cent, to $33.79 on 15.

TORONTO — A continued rise in crude oil prices helped lift the energy sector and in turn Canada's main stock index to a near six-week high even though the World Bank downgraded its forecast for global growth.

KYIV, Ukraine (AP) — Russia on Tuesday claimed to have taken control of 97% of one of the two provinces that make up Ukraine's Donbas, bringing the Kremlin closer to its goal of fully capturing the eastern industrial heartland of coal mines and facto