National Business

NEW YORK (AP) — Stocks are closing higher on Wall Street, clawing back more of their recent losses, as the countdown clicks closer to zero for a highly anticipated speech about interest rates. The S&P 500 rose 1.4% Thursday.

TORONTO — CIBC reported a drop in earnings Thursday from a year ago as it set aside more money for potentially bad loans amid rising interest rates. The bank reported a net income of $1.67 billion in its third quarter, down from $1.

TORONTO — When Alexander Nachaj needed to wire the down payment on a house, he didn't worry much about it — he just headed down to his local bank branch to send it along to the notary.

OTTAWA — Parkland Corp. and Federated Co-operatives Ltd. have signed agreements with the Competition Bureau, which had raised concerns about their acquisition of 337 Husky retail gas stations.

Rogers Communications Inc. will now spend $261 million to physically split its wireless and wireline networks following the July 8 outage and says it is not in a position to quantify the direct economic losses caused by the disruption.

NEW YORK (AP) — Anticipation for one of the fall’s likeliest bestsellers has been growing all year.

VALLCOURT — BRP Inc. says its ongoing investigation into a recent cyberattack has found additional employee information was compromised.

OTTAWA — Statistics Canada says the number of job vacancies climbed 3.2 per cent in June to reach a new high as employers were looking to fill more than one million positions for a third consecutive month.

NEW YORK (AP) — Anticipation for one of the fall's likeliest bestsellers has been growing all year.

NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending Aug.