National Business

Canada's main stock index closed down by almost 50 points, while U.S. stock markets were mixed on the final trading day of what has been a difficult month for investors. The S&P/TSX composite index was down 49.47 points at 19,541.27.

OTTAWA — The Canadian Radio-television and Telecommunications Commission has set a threshold that determines which online streaming services will be subject to new rules arising from the Online Streaming Act, formerly known as Bill C-11.

VICTORIA — Tech holding company Tiny Ltd. says it's buying a majority stake in movie review platform Letterboxd. Victoria, B.C.-based Tiny has not shared what it will pay for the 60 per cent stake it will take in the film diary and rating website.

WASHINGTON (AP) — House Speaker Kevin McCarthy's last-ditch plan to keep the federal government temporarily open collapsed in dramatic fashion Friday as a robust faction of hard-right holdouts rejected the package, making a shutdown almost certain.

TORONTO — Unifor has set Oct. 9 at 11:59 p.m. as the deadline for contract talks with General Motors as union leadership look to secure terms that will be accepted by both the company and union members. Negotiations between the union and the U.S.

NEW YORK (AP) — Shohei Ohtani’s soaring popularity was even more evident when it came to jersey sales. Ohtani had the best-selling jersey in Major League Baseball this season, the first time a Japanese player finished in the top spot.

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the latest sign that overall price pressures are still moderating .

NEW YORK (AP) — Password-sharing crackdowns are becoming more and more common in the streaming world today. And Disney Plus is following suit.

CALGARY — TC Energy Corp. says its Coastal GasLink pipeline project is 98 per cent complete.

OTTAWA — Canadian economic growth was stuck in neutral in July as the manufacturing sector pulled back for a second consecutive month.