National Business

Maple Leaf Foods Inc. said it lost $53.7 million in its most recent quarter as it grappled with inflation and other market headwinds.

NEW YORK (AP) — Stocks drifted to a lower close as Wall Street’s red-hot rally this year cooled a bit more. The S&P 500 slipped 0.3% Thursday, its third straight loss. The Dow fell 66 points, or 0.2%, and the Nasdaq composite lost 0.1%.

TORONTO — Ontario auto insurers have been involved in intentional, industry-wide violations of rules around fair access to coverage, the sector's regulator said Thursday.

REGINA — The Saskatchewan government has spent millions of dollars to shutter its remaining liquor stores, resulting in the retailers posting a financial loss this year.

DUBAI, United Arab Emirates (AP) — The U.S.

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices, a move that could push U.S.

Following a quarter in which it began cutting 1,300 positions, shuttered six radio stations and closed two foreign news bureaus, BCE Inc. says more cost restructuring could be in store in response to declining ad revenue and regulatory hurdles.

The Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.

TORONTO — The Toronto Regional Real Estate Board says July's home sales, listings and prices edged up from the same time last year, but activity looks to be slowing in the face of higher interest rates.

When Jennifer Cummings flew down to Florida from St. John’s, N.L., last summer, she opted to arrive in style. The 41-year-old signed on to a “peer-to-peer” car-sharing site and rented a gleaming white Alfa Romeo SUV — from its private owner.