National Business

TORONTO — Jobs are being cut as Hudson's Bay Co. spins out some of its brands into a new entity called Saks Global. A Saks Global spokesperson says operational functions from across the businesses are being brought under one leadership team.

MONTREAL — TFI International Inc. says it earned US$117.8 million in the second quarter, down from US$128.2 million a year earlier. The Montreal-based transportation and logistics company says revenues were US$2.26 billion, up from US$1.

TORONTO — Canada's main stock index ticked lower Thursday, weighed down by losses in the industrial sector, while U.S. markets were mixed. A better-than-expected U.S.

MONTREAL — Bombardier Inc. is playing catch-up after a strike in early July but doesn't expect the 11 days of lost production to affect its annual guidance, the manufacturer said.

LOS ANGELES (AP) — Hollywood's video game performers voted to go on strike Thursday, throwing part of the entertainment industry into another work stoppage after talks for a new contract with major game studios broke down over artificial intelligence

Critical infrastructure has been affected by the wildfires that have raged through Jasper National Park, Alta., and into the picturesque townsite itself. Telus Corp.

NEW YORK (AP) — Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose up while superstar Big Tech stocks gave back more of their huge gains.

PENTICTON — The B.C. government says wineries can import grapes and juice to make their 2024 vintages after "devastating" losses this winter. The province says allowing winemakers to import grapes from outside B.C.

VANCOUVER — Almost all British Columbia communities have adopted the provincial government's plan to tackle the housing crisis by allowing more multi-unit homes on properties.

TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.