National Business

PHOENIX (AP) — Michael Lacey, a founder of the lucrative classified site Backpage.

CALGARY — City officials say Calgarians are getting better at cutting down on their water use, but need to do more to stop the taps from potentially running dry. The city says 497 million litres of water were used on Tuesday.

VICTORIA — British Columbia's auditor general found no evidence of a conflict of interest in the handling of provincial grants for the zero-emission vehicle sector, after an accusation by a truck maker earlier this year.

CALGARY — The Calgary Airport Authority says it will take at least a year and a half to fix part of its domestic terminal that was hammered by hail earlier this month. It says Concourse B will be closed while restoration work is done.

TORONTO — Shares of Royal Bank of Canada and National Bank hit all-time highs on Wednesday as the two banks reported earnings that topped expectations.

TORONTO — Canada's main stock index fell on Wednesday, led by technology and base metals, while U.S. markets were also down ahead of a much-anticipated earnings report from Nvidia. The Nasdaq fell 1.1 per cent as large tech stocks led the way lower.

Losses for several big technology companies pulled the stock market lower. The S&P 500 fell 0.6% Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4%.

Freight railroad BNSF is generally striving to improve safety on a consistent basis, but that message doesn't always reach front-line workers who often don't feel comfortable reporting safety concerns for fear of being disciplined, according to an as

The chair of Canada Post’s board says the organization’s financial situation is unsustainable. "The board and senior management recognize that Canada Post is at a critical juncture," said André Hudon at its annual general meeting on Wednesday.

WASHINGTON (AP) — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts.