National Business

SACRAMENTO, Calif. — A California utility agreed Tuesday to pay $1 billion to 14 local governments to cover damages from a series of deadly wildfires caused by its downed power lines.

CALGARY — Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders on Tuesday but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.

WASHINGTON — President Donald Trump said he'll hold trade talks with Chinese President Xi Jinping next week at a summit of nations in Japan. And U.S. and Chinese negotiators will resume talks before the leaders meet.

SAN FRANCISCO — The Latest on San Francisco's effort to ban sales of electronic cigarettes in the city (all times local): 3:10 p.m.

SAINT JOHN, N.B. — Food and lifestyles guru Martha Stewart says the recipe for success she has followed throughout her career also applies to cannabis companies — offer quality products at fair prices.

NEW YORK — The two top winter sports crowned their champions as summer neared, separated by exactly 10 million viewers. The sixth game of the NBA Finals, where the Toronto Raptors dethroned the depleted Golden State Warriors, was seen by 18.

MONTREAL — DavidsTea Inc. saw sales slip in its most recent quarter, despite a gain in tea sales online and at grocery stores. The Montreal-based company says its sales for the first quarter were $44.3 million — down $1.5 million or 3.

OTTAWA — The final version of a new Liberal telecommunications policy, in effect as of Tuesday, takes steps to address industry concerns while maintaining a more consumer-oriented direction than the 2006 policy it replaces.

TORONTO — Canada's main stock index inched to within one per cent of a record high Tuesday on a broad-based rally spurred on by renewed hope of U.S. interest rate cuts and a possible trade deal between the U.S. and China.

OTTAWA — The Bank of Canada says it will review Facebook's white paper on its proposed global cryptocurrency Libra "very carefully," but would not comment on whether the social media giant has been in touch about its ambitious plans.