National Business

BOSTON — A New York lawyer and a Napa Valley vintner have admitted to participating in the college admissions bribery scheme. Gordon Caplan and Agustin Huneeus Jr. pleaded guilty Tuesday in Boston federal court.

TORONTO — General Motors will continue to operate its Maven car-sharing service in Toronto despite plans to pull out of eight North American markets, including New York City and Chicago.

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund.

FORT WORTH, Texas — American Airlines says it's cutting the cost of checking oversized sporting gear and musical instruments on flights.

WASHINGTON — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses.

LONDON — Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial districts.

TORONTO — Norbord Inc. says it has temporarily suspended production as an oriented strand board mill in northern Alberta due to wildfires in the region. The company says it stopped production at the mill in High Level, Alta.

TORONTO — Rogers Communications Inc. says it will launch a new wireless service that's optimized for connecting stationary sensors and similar data-collection devices to the internet.

TORONTO — Fairfax Financial Holdings Ltd. says chief financial David Bonham died suddenly during the weekend. Fairfax chief executive Prem Watsa says the entire Fairfax family mourns the sudden and unexpected loss.

VANCOUVER — The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp.