National Business

DUBAI, United Arab Emirates (AP) — Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices.

NEW YORK (AP) — Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.

Canadians have been unlocking iPhones with their fingerprint since 2013 and are sometimes exposed to facial recognition software before boarding planes, but when it comes to biometric technology, Erik Scheme and Mayssa Rekik are one step ahead.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Grocer Metro Inc. reports second quarter results on Wednesday.

NEW YORK (AP) — A crowd of thousands that packed Manhattan's Union Square for a popular livestreamer's hyped giveaway got out of hand Friday afternoon, with some clambering on vehicles, hurling chairs and throwing punches, leaving police struggling t

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,236.04, up 115.30): Enbridge Inc. (TSX:ENB). Energy. Up one cent, or 0.02 per cent, to $48.08 on 10.3 million shares.

TORONTO — Canada's main stock market rose more than 100 points to close out the week, driven by utilities, energy and financial stocks, while U.S. markets edged lower. The S&P/TSX composite index closed up 115.30 points at 20,236.04.

NEW YORK (AP) — Stocks closed lower following mixed reports about the U.S. job market and profits at two of Wall Street’s most influential stocks. The S&P 500 fell 0.5% Friday, its fourth straight loss.

Telus Corp. announced Friday it is cutting 6,000 jobs as it seeks to adapt to a "rapidly transforming industry," saying issues such as regulation and competition have prompted the need to reduce its payroll.

OTTAWA — Canada's labour market is softening as the unemployment rate rises for a third consecutive month, offering some evidence the economy is finally slowing down.