National Business

MONTREAL — Hundreds of striking Molson Canada workers have rejected an offer from the beverage company, keeping more than 400 employees on the picket lines and bar owners with less on tap. Teamsters Canada says the union local last week voted 92.

TORONTO — When Jack Newton looks around the tech sector, he has a sense of whiplash. Over the last two years, tech stocks soared as investors poured money into startups with pandemic-friendly products and services.

WATERLOO, ONT. — Descartes Systems Group is buying U.S. company XPS Technologies in a deal worth up to US$140 million. XPS provides cloud-based parcel shipping services to small-, medium- and large-sized e-commerce shippers.

TORONTO — A growing number of Canadians are struggling to afford groceries as prices for basics like pasta, bread and meat all soar, a new survey suggests.

MONTREAL — The Caisse de depot et placement du Québec is buying a minority stake in three DP World assets in the United Arab Emirates for US$5 billion. The Quebec pension fund manager will invest US$2.

NEW YORK (AP) — Stocks are off to a higher start on Wall Street Monday led by more gains in big tech companies. The S&P 500 was up 0.8%. The benchmark index is coming off its eighth losing week in the last nine. The Nasdaq rose 1.

VANCOUVER — Teck Resources Ltd. says it is moving to protect 14,000 hectares of wildlife habitat in Canada and Chile.

KYIV, Ukraine (AP) — Russia took aim Sunday at Western military supplies for Ukraine, launching airstrikes on Kyiv that it claimed destroyed tanks donated from abroad, as Vladimir Putin warned that any Western deliveries of longer-range rocket system

NEW YORK (AP) — The high-flying “Top Gun: Maverick” continued to soar in its second weekend, dropping just 32% from its opening with $86 million in ticket sales, according to studio estimates Sunday.

TORONTO — Employees like Matt Fairbanks are one of the reasons the hospitality and restaurant industry is struggling to find workers even as the pandemic wanes.