National Business

CHICAGO (AP) — Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where it’s taking its artificial intelligence business.

TORONTO — George Weston Ltd. reported a third-quarter profit attributable to common shareholders of $15 million compared with a profit of $610 million in the same quarter a year ago as it was hit by a large one-time charge.

NEW YORK (AP) — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

The Canadian Food Inspection Agency says various brands of carrot products are being recalled due to E.coli contamination. The CFIA says the affected carrot juice and carrots were sold or have best-before dates ranging between Aug. 14 and Nov. 2.

TORONTO — Toronto poet-novelist Anne Michaels appealed for “unity” in Canada’s arts community on Monday night as she accepted the Giller Prize, an award boycotted by several prominent Canadian authors over its sponsors’ ties to Israel.

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline

Canada's main stock index climbed Monday as the price of oil and gold strengthened and investors continued to digest the market implications of another Donald Trump presidency. The S&P/TSX composite index was up 86.26 points at 24,976.94.

EDMONTON — Alberta's health minister says the province's new hospital agency will be operational next spring, months later than expected.

NEW YORK (AP) — Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The S&P 500 rose 0.4% Monday for its first gain in three days. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.

The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a digital-first organization.