National Business

TORONTO — After being underwater for most of the day, Canada's main stock index recovered to set a new record close after crude oil prices briefly hit their highest levels in more than six years. The S&P/TSX composite index closed up 18.

TORONTO — Racism is harming workplace dynamics in Canada, with nearly 80 per cent of Black Canadians saying racism has damaged their relationship with their employer, according to new research released Tuesday.

QUEBEC — The federal government said it’s taking the first steps in building a long-awaited high frequency rail line along the Toronto to Quebec City corridor.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal and Quebec City home prices soared and sales fell in June, as the province began to rebound from the COVID-19 pandemic.

WASHINGTON (AP) — The Pentagon said Tuesday it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion.

TORONTO — For the last 34 years, Alex Zilberberg's mornings have begun with a lineup of customers so strong that his The Bagel Stop locations do 70 per cent of their daily business before 10 a.m.

When James Charles-Roberts booked a vehicle back in May, he and his family were looking forward to a two-week holiday in Southern California.

TORONTO — Mary Luna never considered any kind of estate planning until her parents were hospitalized within a few months of each other five years ago.

SILVER SPRING, Md. (AP) — Growth in the services sector, where most Americans work, slowed in June following record expansion in May.

Derrick Rossi always said he'd be satisfied with his work when it had a positive impact on humanity.