National Business

NEW YORK (AP) — Stocks closed lower on Wall Street, breaking a nine-day winning streak. Crude prices fell to a four-year low Monday after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.6%.

REGINA — Saskatchewan's government is reporting roughly $31,000 in public money losses after officials allege three employees used corporate credit cards and tampered with invoices for personal gain.

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.

EAST HARTFORD, Conn. (AP) — About 3,000 labor union members went on strike early Monday at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down.

TORONTO — Ontario Premier Doug Ford is seeking Prime Minister Mark Carney's support for his idea to build a tunnel under Highway 401.

TORONTO — Ontario Finance Minister Peter Bethlenfalvy has offered a first glimpse at his upcoming budget, announcing an expanded Ontario manufacturing tax credit.

WINNIPEG — Dyana Lavallee stares at a copy of a photograph on display to the public at the Hudson's Bay Company Archives in Winnipeg. The Metis woman quickly recognizes it as the same one her grandmother had years ago.

WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs.

VANCOUVER — The Keg Royalties Income Fund has signed a letter of intent to be acquired by Fairfax Financial Holdings Ltd., its largest unitholder. The proposal for $18.60 per unit in cash values the steak house fund at about $211 million.

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday.