National Business

MONTREAL — Resolute Forest Products Inc., a subsidiary of Domtar Corp. and a part of the Paper Excellence Group, has signed a deal to sell its pulp and paper mill in Thunder Bay, Ont., to an affiliate of U.S. company Atlas Holdings.

BRYAN, Texas (AP) — Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley , according to the

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation . The Conference Board reported Tuesday that its consumer confidence index fell to 102.

CALGARY — Pembina Pipeline Corp. says it has reached an agreement with Japanese conglomerate Marubeni Corp. to create an ammonia supply chain for exports to Asian markets.

A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.

For young Canadians hoping to take a trip on a budget, there's a new challenge on the horizon beyond finding a way to fit all of one’s necessities into a backpack: the lingering effects of high inflation.

SMITHS FALLS, Ont. — Cannabis company Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights and interests to manufacture, distribute and sell Wana branded edible products in Canada.

When wildfires hit Alberta earlier this month, leaving more than 10,000 square kilometres of land scorched so far this year, João Lopes was worried about how much more devastation could be on its way.

WHITEHORSE — The Yukon government says it's working to provide financial support and other help to residents and businesses hurt by ongoing flooding in the Klondike Valley.

TORONTO — Bell Canada president and CEO Mirko Bibic warned Monday that increased regulation in Canada's telecommunications industry could prompt companies to scale back investment and make cuts to service for underserved communities.