National Business

TORONTO — Canada's main stock index was down more than 100 points Thursday as the price of oil weakened energy stocks amid weakness in base metals and financials, while U.S. markets were mixed. The S&P/TSX composite index was down 125.

NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street after central banks around the world showed they’re not done cranking interest rates higher in their fight against inflation. The S&P 500 rose 0.4% Thursday.

CALGARY — Canadian Pacific Kansas City is continuing to push ahead with efforts to develop hydrogen power as an alternative fuel source for the railway industry. The Calgary-based company, dubbed CPKC as a result of Canadian Pacific Railway Ltd.

TORONTO — Unifor says grocery workers have more resolve than ever to achieve higher wages and better working conditions as it heads into a two-year stretch of bargaining for more than a dozen collective agreements.

WASHINGTON (AP) — President Joe Biden on Thursday defended his harsh public comments on China, including calling President Xi Jinping a dictator, saying his words would have no negative impact on U.S.

Empire Company Ltd. said Thursday its full-service grocery stores rebounded in its latest quarter as it added more private-label food items, the pace of inflation slowed and the company's multi-year overhaul paid off with customers.

LOS ANGELES (AP) — Sales of previously occupied U.S.

SAN FRANCISCO (AP) — Federal regulators on Thursday launched a legal attack on Microsoft's proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to

TORONTO — As Willi Fleerakkers’ retirement date approaches at a time of inflation and higher interest rates, it's hard for her not to worry — but when she reviews her plan, it helps to ease those concerns.

LONDON (AP) — Fears that the British economy is heading for recession mounted sharply Thursday after the Bank of England raised borrowing costs by more than anticipated, seeking to combat stubbornly high inflation with a hike that will hit borrowers