National Business

BRUSSELS (AP) — The European Union on Wednesday slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc's antitrust watchdog, the latest setback for the deal.

LAS VEGAS (AP) — A man was arrested and a woman described as his hostage was released unharmed Tuesday after an hourslong standoff in a room at the Caesars Palace resort on the Las Vegas Strip, police said.

DRUMHELLER, Alta.

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition. U.S.

MONTREAL — Laurentian Bank says its leadership team is conducting a review of the company's strategic options to maximize shareholder value.

VANCOUVER — Aritzia Inc. saw its net income for the first quarter fall to $17.5 million, almost half of its net income of $33.3 million a year earlier, amid inflationary headwinds and economic pressures on shoppers.

MONTREAL — The Canadian Transportation Agency on Tuesday laid out proposed changes to the passenger rights charter that seek to simplify customer compensation, launching consultations on the overhaul amid skepticism from both advocates and airlines.

OTTAWA — Canada's banking regulator has launched consultations on proposed changes to mortgage guidelines to address risks related to borrowers with growing balances.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,878.56, up 56.11): Toronto-Dominion Bank. (TSX:TD). Finance. Up 43 cents, or 0.53 per cent, to $81.46 on 11.5 million shares.

TORONTO — Gains in energy stocks helped buoy Canada's main stock index Tuesday, while U.S. markets also rose, as investors in both countries await big economic news Wednesday.