National Business

RICHMOND, B.C.

NEW YORK (AP) — Wall Street slumped after a morning rally evaporated, but the losses weren’t as bad as the manic moves that wracked markets worldwide over the last week. The S&P 500 fell 0.8% Wednesday. The Dow Jones Industrial Average fell 0.

HALIFAX — A Nova Scotia judge is expected to decide Thursday whether to approve Postmedia's $1-million bid to acquire Atlantic Canada's largest newspaper chain.

HALIFAX — The mother of an Indigenous woman who died in hospital with fungal meningitis says her daughter's race may have played a role in the allegedly negligent medical treatment she received.

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence.

OTTAWA — The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process.

The Canadian Food Inspection Agency says the recent Listeria contamination of several plant-based milks occurred in a Pickering, Ont., factory.

CALGARY — Oil and gas production at Suncor Energy Inc. is tracking ahead of its forecast so far this year, though the company said Wednesday it is refraining from making changes to its full-year guidance.

The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year.

TORONTO — TMX Group Ltd. says it has acquired news release distribution service Newsfile Corp. Financial terms of the deal were not immediately available.