National Business

ST. JOHN'S, N.L.

TORONTO — Canada's main stock index had its worst day in nearly a month and the loonie hit a seven-week low as investors continued to react to the U.S. Federal Reserve's commentary about interest rates increasing sooner than expected.

An international law firm has launched a lawsuit in the U.S. against Canadian company MindGeek over alleged sexual exploitation videos on one of its websites, Pornhub. Brown Rudnick LLP says the suit, filed in the U.S.

EDMONTON — A health official says two patients at Calgary’s Foothills hospital have died from the Delta variant of COVID-19 — and one had been fully immunized.

Canada's competition laws should be changed to prohibit cartel-like practices and wage-fixing deals in the country's grocery sector, a new report by the House of Commons industry committee says.

MONTREAL — The federal government is investing as much as $29 million in a company building a factory in Montreal to make the specialized fabric needed to produce respirators and surgical masks. The money will go toward a $38.

MONTREAL — DavidsTea Inc. creditors, including former employees, will split $18 million after the United States Bankruptcy Court for the District of Delaware recognized a Quebec court decision approving its plan of arrangement.

OTTAWA — Canada's federal banking regulator will increase the domestic stability buffer for big banks to 2.5 per cent from one per cent later this year, as the COVID-19 pandemic continues to subside.

HARTFORD, Conn.

A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe Thursday.