National Business

NEW YORK — The S&P 500 pulled back from its newly set record on Wednesday after a meandering day of trading took a late turn lower. The benchmark index fell 14.93 points, or 0.4%, to 3,374.

MONTREAL — Employers at the Port of Montreal say they are at an impasse with striking dockworkers as the port shutdown hits the 10-day mark.

BERKELEY, Calif. — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people's lives.

TORONTO — BlackBerry Ltd. is teaming up with startup OnwardMobility for a new 5G version of the smartphone with the physical keyboard and enhanced security that once made the Waterloo, Ont. company's devices ubiquitous.

NEW YORK — Target reported the largest quarterly sales growth, including an online sales spike, in its 58-year-history, the latest evidence that Americans are consolidating their trips to big box stores and pivoting their spending to around the home

MONTREAL — A group of Cirque du Soleil creditors have solidified their place as the next owners of the circus in a deal that would end Quebec's long-standing presence as a stakeholder in the 36-year-old troupe.

TORONTO — Columnist and author Allan Fotheringham, known for his biting satirical commentaries aimed at the rich and the powerful, died Wednesday at his home in Toronto. He was 87.

TORONTO — Bank of Nova Scotia will pay about US$127.4 million to settle a U.S.

OTTAWA — The annual pace of inflation stayed largely grounded for July at 0.1 per cent, held down by the first drop in air travel prices in almost five years, Statistics Canada said Wednesday. The reading was down from a year-over-year increase of 0.

CALGARY — New record high prices for lumber and wood panel products thanks to continuing robust demand from renovation and new home markets are driving stock prices higher for Canadian producers. Five of the largest producers — West Fraser Timber Co.