National Business

Contract negotiations between UPS and the union representing 340,000 of the company's workers broke down early Wednesday with each side blaming the other for walking away from talks.

The B.C. port workers strike could cost companies hundreds of millions of dollars per week, experts and business groups say, with smaller operators and consumers feeling the biggest pinch.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,103.89, down 100.98): Canopy Growth Corp. (TSX:WEED). Healthcare. Down 12 cents, or 16.44 per cent, to 61 cents on 8.

Tensions between Ottawa and tech giants further escalated on Wednesday over Canada's recently passed Online News Act.

TORONTO — Canada's main stock index was down more than 100 points Wednesday amid broad-based weakness, while U.S. stock markets also slumped.

NEW YORK (AP) — Wall Street edged lower following a rally that sent it roaring 16% higher for the year so far. The S&P 500 slipped 0.2% Wednesday, edging down from its highest level since April 2022. The Dow fell 129 points, or 0.4%.

CALGARY — Canada's top technical authority on cybersecurity is working closely with Suncor Energy Inc. in the aftermath of a high-profile systems breach at the oil and gas giant.

Canada's financial consumer watchdog is warning lenders not to take advantage of mortgage holders who are facing severe financial stress as interest rates and the cost of living rise.

RICHMOND HILL, Ont. — DesRosiers Automotive Consultants Inc. says June brought another strong month for auto sales. The consultancy firm says total light vehicle sales for the month were up 12.6 per cent from a year ago.

Media companies began pulling advertising from some social media platforms and telling readers and viewers how to access news directly as Google and Metamoved toward blocking Canadian news from their services.