National Business

MONTREAL — The battle between rival Canadian railways over Kansas City Southern is over. Canadian Pacific Railway Ltd. said Wednesday it has reached a deal to acquire KCS for approximately US$31 billion, after Canadian National Railway Co.

WASHINGTON (AP) — U.S. industrial production slowed to a 0.4% gain in August as shutdowns of petroleum refineries and petrochemical plants caused by Hurricane Ida curbed manufacturing activity.

OTTAWA — Canada's national annual inflation rate was 4.1 per cent in August, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 4.1 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.8 per cent (4.4) — Prince Edward Island: 6.

HARARE, Zimbabwe (AP) — Banana bread was served at a recent birthday party at Melfort Old People’s home, where a group of residents mustered a raspy happy birthday tune.

NEW YORK (AP) — The ageless Tom Brady is due a thank you note from NBC. The Tampa Bay Bucs quarterback helped the network to a smashing audience of 24.8 million viewers for the NFL kickoff game, where he took on and defeated the Dallas Cowboys.

PHOENIX (AP) — A judge declared a mistrial Tuesday at the trial of the founders of the lucrative classified site Backpage.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,553.25, down 113.16 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 47 cents, or 1.95 per cent, to $23.58 on 15.4 million shares.

MONTREAL — DavidsTea Inc. is keeping the company's leadership within the family as its co-founder retires from the company's board of directors and is replaced by his wife, the former CEO of insolvent clothing retailer Le Château.

TORONTO — North American stock markets fell Tuesday even though weaker U.S. inflation numbers could delay Federal Reserve action to taper stimulus.