National Business

TORONTO — An Emily Carr painting that sold for US$50 at an estate sale has fetched C$290,000 at a Toronto auction. Heffel Fine Art Auction House says “Masset, Q.C.I.

FRANKFURT, Germany (AP) — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.

LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the three months that ended Oct.

TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal. The insurer says the agreement with Reinsurance Group of America includes $2.

Just days after being appointed to their new jobs, three members of the British Columbia government are off to California to promote the province as a hot spot for film production.

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.

NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.

The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.

The heat has been turned up on two Canadian frozen-potato giants who have been named in separate price-fixing lawsuits south of the border. McCain Foods Ltd.