National Business

Ontario's electricity system operator says the province should have enough electricity to meet growing demand this year and next, though it may have to import power during extreme heat at times.

HALIFAX — The court-appointed monitor overseeing the potential sale of Atlantic Canada's largest newspaper chain has confirmed selection of a bidder who has plans to operate SaltWire Network Inc. and The Halifax Herald Ltd. as viable businesses.

TORONTO — Strength in resource and industrial stocks helped Canada's main stock index close higher Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 64.45 points at 21,581.35.

NEW YORK (AP) — U.S. stock indexes edged back from their records, weighed down by a rare dip for Wall Street darling Nvidia, following a mixed set of reports on the economy. The S&P 500 slipped 0.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits slipped last week as the U.S. labor market remained resilient.

TORONTO — The gender pay gap in Canada's tech sector almost tripled between 2016 and 2021, amounting to the average salary of a woman in the industry being about $20,000 less than her male counterpart, according to a new report.

The threat of a strike by WestJet airplane mechanics is off the table — for now — after both sides agreed to resume negotiations, but not before nearly 50 flights were cancelled.

WASHINGTON (AP) — The Supreme Court on Thursday upheld a tax on foreign income over a challenge backed by business and anti-regulatory interests, declining their invitation to weigh in on a broader, never-enacted tax on wealth .

HALIFAX — Nova Scotia is changing the rules for those who pay a fixed amount of rent for public housing, a move the government says is aimed at achieving fairness and consistency.

Grocery company Empire Co. Ltd.