National Business

DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year.

HALIFAX — A national study says Nova Scotia's leadership position in energy efficiency has been overtaken by other provinces, including its closest neighbours.

NEW YORK (AP) — UnitedHealthcare CEO Brian Thompson was killed Wednesday morning in what investigators suspect was a targeted shooting outside a Manhattan hotel where the health insurer was holding an investor conference.

NEW YORK (AP) — OpenAI CEO Sam Altman, who is in a legal dispute with rival Elon Musk, said said he is “not that worried” about Musk's influence in the incoming Trump administration.

CALGARY — Eight First Nations in Alberta are asking that the massive carbon capture and storage project proposed by a consortium of oilsands companies be reviewed under the federal Impact Assessment Act.

MONTREAL — Air Canada says it will bar carry-on bags and impose a seat selection fee for its lowest-fare customers. Starting Jan.

TORONTO — RBC shrugged off the effects of a softening Canadian economy to report a profit of $4.22 billion in the fourth quarter and $16.2 billion for the year.

The FIFA World Cup is more than a soccer showcase. It's big business with the 2022 men's tournament in Qatar engaging five billion fans across all media, from linear TV to digital and social media, according to FIFA, soccer's world governing body.

TORONTO — Canada's main stock index edged higher in late-morning trading, helped by strength in the technology sector, while U.S. stock markets also rose. The S&P/TSX composite index was up 18.18 points at 25,653.91.

TORONTO — Greater Toronto home sales jumped again last month on a year-over-year basis, with one real estate expert saying the most recent interest rate cut in October was enough to start luring buyers back into the market.