National Business

NEW YORK (AP) — Meme stocks are shaking Wall Street once again Monday. And, as is so usually the case, it all started online.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (22,116.69, down 152.43 points): Suncor Energy Inc. (TSX:SU). Energy. Down $2.64, or 4.75 per cent, to $52.96 on 16.4 million shares.

A rail strike would raise expenses, lower sales and delay shipments for Canada's manufacturers, an industry group says, as various sectors grapple with looming uncertainty around a key cross-country transport link.

TORONTO — Canada's main stock index fell more than 150 points Monday, weighed down by losses in the energy sector as the price of oil sank, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 152.43 points at 22,116.69.

NEW YORK (AP) — The Washington Post said Sunday that its executive editor, Sally Buzbee, has stepped down after three years at the top of one of journalism's most storied brands.

NEW YORK (AP) — Stocks ended mixed on Wall Street following the latest signal showing the U.S. economy is slowing. The S&P 500 edged up 0.1% Monday after erasing a midday slump.

CALGARY — The Calgary Real Estate Board says May home sales fell 0.8 per cent from last year as 3,092 properties changed hands, driven by declines in lower-priced detached and semi-detached homes.

OTTAWA — The Bank of Canada will announce its latest interest rate decision on Wednesday amid speculation the central bank will deliver its first rate cut in more than four years.

MONTREAL — Air Canada says it is ramping up flights to India this year including new non-stop service from Toronto to Mumbai. The airline says the flights between Toronto and Mumbai will run four times a week starting Oct. 27.

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' b