National Business

MONTREAL — Saputo Inc. says its president and CEO Lino Saputo plans to transition to the role of executive chair of the board. The Montreal-based dairy processor says the transition will take effect Aug.

TORONTO — Canadians who applied to be part of a class-action lawsuit against LifeLabs Inc. are now receiving cheques and e-transfers.

OCALA, Fla. (AP) — The Florida Highway Patrol has arrested the driver of a pickup truck that crashed into a farmworker bus early Tuesday, killing eight, on charges of driving under the influence-manslaughter.

ST. JOHN'S, N.L. — One of the world's largest oil companies is preparing to drill an exploratory deepwater oil well about 500 kilometres off the eastern coast of Newfoundland.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,243.34, down 15.83 points): Enbridge Inc. (TSX:ENB). Energy. Down $1.18, or 2.28 per cent, to $50.50 on 24.5 million shares.

NEW YORK (AP) — Meme stocks are shaking Wall Street once again. That shouldn't be much of a surprise.

TORONTO — Canada's main stock index edged lower Tuesday, led by weakness in energy stocks, while U.S. markets rose and the Nasdaq posted a new record high.

MONTREAL — Via Rail notched a big jump in ridership last year, continuing a three-year trend ahead of an expected record number of customers in 2024. In its annual report Tuesday, the Crown corporation said some 4.

NEW YORK (AP) — Stocks ended higher on Wall Street, sending the Nasdaq composite to another record. The S&P 500 rose 0.5%, and is sitting just shy of its own all-time high. The Dow Jones Industrial Average added 0.3%.

MOUNTAIN VIEW, Calif.