National Business

TORONTO — Canada's main stock index was down on Thursday, weighed down by losses in the energy sector as the price of oil fell, while U.S. stock markets were also lower.

CALGARY — A U.S. activist investor that has been pushing Parkland Fuel Corp. to consider selling or spinning off its Burnaby, B.C. refinery said Thursday it will withhold support from all of Parkland Fuel Corp.

TORONTO — The agency that operates Toronto's subway system has rejected a proposal by Bell Canada to revamp its wireless cell service model in a way to prevent Rogers from charging its rivals a fee for their customers to access the network, calling i

SOUTH PADRE ISLAND, Texas (AP) — SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.

TORONTO — Jim Balsillie is having his Hollywood moment. It was almost inevitable the Waterloo, Ont., businessman would one day be portrayed in film for his role in the global success of the BlackBerry smartphone.

This time it's for real. Many of Twitter’s high-profile users are losing the blue check marks that helped verify their identity and distinguish them from impostors on the Elon Musk-owned social media platform.

OTTAWA — Canada's environment commissioner says action by the federal banking regulator on climate change is overdue and now urgent.

TORONTO — BMO says it has named Darrel Hackett as head of the bank's U.S. operations as the current lead Dave Casper is set to retire. The bank says that as of June 1, Hackett will be U.S.

VANCOUVER — Sumitomo Metal Mining Co. Ltd., a key shareholder at Teck Resources Ltd., will vote in favour of the company's plan to separate its metals and steelmaking coal operations into two companies.

LOS ANGELES (AP) — The spring homebuying season in the U.S. is off to a tepid start as buyers contend with sharply higher mortgage rates and near historic-low inventory of properties on the market. Existing U.S. home sales fell 2.