National Business

OTTAWA — Canada's national annual inflation rate was 5.7 per cent in February, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 5.1 per cent (4.0) — Prince Edward Island: 7.

OTTAWA — Statistics Canada says wholesale sales rose 4.2 per cent in January to $79.8 billion, helped by gains in sales of building material and supplies, personal and household goods, and machinery, equipment and supplies.

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.

WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit. Currently the U.S.

NEW YORK (AP) — CBS' “60 Minutes,” with reports on Ukraine, voting rights, Pete Buttigieg and “Ted Lasso,” was the week's most-watched live television show — making it three weeks in a row for the old guys.

ALLISTON, Ont. — A division of Honda Canada Inc. is set to announce Wednesday that it will spend $1.

TORONTO — Canada's main stock index recovered from morning weakness to edge higher Tuesday even though crude oil and gold prices continued to lose steam on concerns about lockdowns in China stemming from a rise in a new COVID-19 variant.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,187.84, up 7.06 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down 32 cents, or 0.4 per cent, to $73.83 on 16.

MISSISSAUGA, Ont. — Walmart Inc. is making Toronto one of a pair of new global tech hubs, with plans to hire hundreds of workers at the two sites. The retail giant says it chose Canada's largest city and Atlanta, Ga.

WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation. West Virginia Sen.