National Business

TORONTO — Shares of Energy Fuels Inc. were down 10 per cent in late-morning trading after the company announced a deal to buy Base Resources Ltd.

EDMONTON — Alberta Investment Management Corp. says its balanced fund earned a net return of 8.0 per cent for 2023, short of its benchmark return of 9.3 per cent. The investment manager says its public equity investments earned 15.

WASHINGTON (AP) — The Supreme Court agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to-trace ghost guns that had been struck down by lower courts.

NEW YORK (AP) — Wall Street is opening higher following a three-week losing streak. The S&P 500 was up 0.5% early Monday, coming off its longest weekly losing streak since September.

TORONTO — Descartes Systems Group said it has acquired Aerospace Software Developments in a deal worth about $83 million. Under the transaction, Descartes will pay a total of about 57 million euros for the Dublin-based company.

LETHBRIDGE, Alta.

MONTREAL — Jay Sorensen flies both business class and economy.

As the federal government touts measures meant to curb the cost of Canadians' cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Railway earnings The country's two biggest railway companies will report their first-quarter results this week. Canadian National Railway Co.

Progress on a Canadian grocery code of conduct has stalled as two major retailers refuseto sign it, claiming it will raise prices.