National Business

Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it's become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%.

WASHINGTON — Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months.

Canadian Pacific Railway Ltd. is optimistic about 2021 after concluding a record year with net profits surging nearly 21 per cent in the fourth quarter despite softer revenues. "We're ready for the year. We've got the momentum.

BRUSSELS — The European Union and drugmaker AstraZeneca sparred Wednesday over a delay in coronavirus vaccine deliveries amid a deepening dispute that raises concerns about international competition for limited supplies of the shots needed to end the

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,424.43, down 354.98 points.) BlackBerry Ltd. (TSX:BB). Technology. Up $7.71, or 32.42 per cent, to $31.49 on 34.3 million shares.

MONTREAL — In a move it blames on tighter restrictions imposed by Ottawa, Transat A.T. Inc. is halting all flights out of Toronto and some from Montreal for the remainder of the winter travel season.

TORONTO — Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday as more investors worldwide push for concrete sustainability commitments.

TORONTO — Stock halts and trading platform outages disrupted markets as Canadian investors joined an internet-based frenzy and piled into stocks such as BlackBerry, GameStop and AMC Entertainment.

TORONTO — Canada's main stock index posted its largest daily loss in three months midweek to wipe away the impressive gains that started 2021. The S&P/TSX composite index closed down 354.98 points or two per cent to 17,424.

IQALUIT — There's a new language option on Microsoft's translation software, one spoken primarily by people in the largest territory in Canada.