National Business

TORONTO — Canada's main stock index ended a roller-coaster week by posting its best day in nearly three weeks, helped higher by a broad-based rally led by the technology sector. The S&P/TSX composite index closed Friday up 197.

HALIFAX — A Nova Scotia Power proposal to charge fees for customers who sell power back to the grid has drawn heated criticism from solar installers who say it will damage the emerging industry.

COLUMBUS, Ohio (AP) — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.

Neil Young severed ties with Spotify this week, but for Canadian listeners many of his classic songs are still streaming on the platform.

FLORENCE, Ala. (AP) — Some residents think a northern Alabama city's new logo might be sending the wrong message.

MONTREAL — Saudi Arabia and Cirque du Soleil have reached a deal that could see the struggling circus company perform a slew of shows in the kingdom.

TORONTO — Cineplex Inc. has filed a cross appeal asking for even higher alternative damages, if a court overturns a ruling that forced the theatre company's once-suitor Cineworld Group PLC to pay $1.24 billion.

HALIFAX — For the second year in a row, passenger traffic at Halifax Stanfield International Airport in 2021 was down 75 per cent from pre-pandemic levels.

OTTAWA — The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. The Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.

TORONTO — Drake and Migos producer Murda Beatz is selling off publishing rights to hundreds of his songs to an upstart Canadian music investment fund.