National Business

TORONTO — The liquidation sales at Nordstrom stores across Canada will begin Tuesday.

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.

NEW YORK (AP) — Wall Street is rising Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 was 0.

MOSCOW (AP) — Russian President Vladimir Putin warmly welcomed Chinese leader Xi Jinping to the Kremlin on Monday, a visit that sent a powerful message to Western leaders allied with Ukraine that their efforts to isolate Moscow have fallen short.

TORONTO — Canada's main stock index was up more than 100 points in late-morning trading, helped higher by strength in the base metal stocks as well as the energy and telecommunication sectors, while U.S. stock markets also climbed higher.

MONTREAL — The number of air passenger complaints to Canada's transport regulator has more than tripled over the past year, soaring past 42,000 as of this month.

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.

TORONTO — Five things to watch for in the Canadian business world in the coming week