National Business

OTTAWA — Volkswagen AG has started searching in Canada for the site of its first battery factory in North America.

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.

TORONTO — Canada's main stock index closed up around 70 points Thursday, with mixed results across sectors, while U.S. markets largely held on to the outsized gains they made the day before.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,525.45, up 72.19): Suncor Energy Inc. (TSX:SU). Energy. Down $1.06, or 2.40 per cent, to $43.17 on 11.9 million shares.

WASHINGTON (AP) — The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders warned would have had devastating consequences for the nation's economy.

OTTAWA — Health Canada has announced a recall of certain Tums antacid tablets due to possible contamination with fragments of fibreglass, paper, aluminum foil and other materials.

CALGARY — The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.

TORONTO — A new report shows women, people of colour and immigrants in Canada's tech sector saw employment and pay inequities persist — and in some cases, worsen — between 2001 and 2016.

TORONTO — From boosting cash on hand to cutting staff, Canadian banks are taking a variety of strategies to prepare for a widely expected economic slowdown in the year ahead.

TORONTO — Higher expenses, lower interest margins and more money set aside for potentially bad loans all weighed on CIBC's earnings which declined in the fourth quarter from a year ago.