National Business

TORONTO — Canada's main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U.S. markets also fell, led by a 1.8 per cent drop on the Nasdaq.

OTTAWA — Finance Minister Chrystia Freeland is set to present the federal budget on Tuesday after a countrywide tour that teased many of the housing and affordability measures to be included in the document.

Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags.

The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5-per-cent decline from March 2023.

ST. JOHN'S, N.L. — A potentially volatile dispute over Newfoundland and Labrador's crab fishery has been averted with the help of Premier Andrew Furey.

CALGARY — The internal strife at fuel retailer Parkland Corp.continues as the Calgary-based company rejected a call by its largest shareholder to consider a potential sale of the business.

DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs , multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees.

OTTAWA — Manufacturing sales rose 0.7 per cent to $71.6 billion in February, helped by higher sales of petroleum and coal, Statistics Canada said Monday.

NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges . Retail sales rose 0.

The FBI is conducting a criminal investigation into the deadly collapse of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to a person familiar with the