National Business

LONDON (AP) — The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,029.19, up 87.80 points.) BlackBerry Ltd. (TSX:BB). Technology. Down $2.38 cents, or 12.4 per cent, to $16.74 on 16.9 million shares.

Canada’s main stock index closed above 20,000 for the first time on Friday, with one analyst saying U.S. and Canadian markets were led by an ideal American jobs report that was neither too hot nor too cold.

EL SEGUNDO, Calif. (AP) — Fisher-Price says it is recalling a model of its baby soothers after the deaths of four infants who were placed on their backs unrestrained in the devices and later found on their stomachs.

TORONTO — Rogers says five more of its local news radio stations across Canada will be renamed under the CityNews brand, including Toronto's 680 News in Toronto.

NEW YORK (AP) — Elin Hilderbrand has asked that a reference to Anne Frank in her new novel be taken out after numerous online readers alleged the passage was insensitive and anti-Semitic.

Facebook said it will suspend former President Donald Trump’s accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.

WASHINGTON (AP) — U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

Universal Music Group is in talks to sell a 10% stake in a deal that would value the record label at about $40 billion.

BRUSSELS (AP) — The European Union has slapped a ban on the overflight of the 27-nation bloc’s airspace and the use of its airports by Belarus airlines, in the wake of Minsk’s decision to divert a Ryanair passenger plane to arrest a dissident journal