National Business

TORONTO — On a brisk, drizzly day in April, a thief strolled into Air Canada's glass-walled warehouse at Pearson airport, presented a phoney document and walked out with some $23 million in gold and cash.

TORONTO — Strength in the utilities, telecommunications and financial sectors helped lift Canada's main stock index higher Wednesday, while U.S. stock markets also rose despite a stronger-than-expected report on wholesale inflation.

NEW YORK (AP) — Stocks edged higher in wobbly trading as yields were mixed in the bond market, which has been Wall Street’s main driver recently. The S&P 500 rose 0.4% Wednesday. The Dow rose 65 points, and the Nasdaq composite added 0.7%.

WASHINGTON (AP) — Federal Reserve officials regarded the U.S.

CALGARY — Birchcliff Energy Ltd. says a contractor has been killed on the job at one of the company's sites in northern Alberta.

NEW YORK (AP) — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.

OTTAWA — Canada's telecommunications regulator has sided with BCE Inc. in a final offer arbitration proceeding between that company and Quebecor Inc. over wholesale mobile virtual network operator (MVNO) data rates.

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.

OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.

WASHINGTON (AP) — U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.