National Business

PHOENIX (AP) — As much of the world swelters , it's not just people who need help with the dog days of summer.

WASHINGTON (AP) — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.

Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels.

Southwest Airlines is doing away with its 50-year tradition and plans to start assigning seats, as well as premium seating for customers who are seeking more legroom.

HONG KONG (AP) — A defense lawyer said Thursday that prominent publisher Jimmy Lai will testify in his defense in the landmark national security trial brought under a Beijing-imposed law that has all but wiped out public dissent.

The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S.

The NBA signed its 11-year media rights deal with Disney, NBC and Amazon Prime Video on Wednesday after saying it was not accepting Warner Bros. Discovery’s US$1.8 billion per year offer to continue its longtime relationship with the league.

TORONTO — Aecon Group Inc. says it lost $123.9 million in the second quarter, down from a profit of $28.2 million a year earlier. The Toronto-based company says revenue totalled $853.8 million, down from $1.

VANCOUVER — West Fraser Timber Co. says it earned US$105 million in the second quarter, up from a loss of US$131 million a year earlier. The Vancouver-based company says it saw sales of US$1.7 billion, up from US$1.

ESK'ET, BRITISH COLUMBIA — The federal government has reached a $147-million settlement with a First Nation in British Columbia over a dispute about water rights that dates back to the late 1800s.