National Business

HALIFAX — A new agreement between Nova Scotia and the owner of Northern Pulp will see the company abandon plans to reopen its idled Pictou County mill and instead focus on building a new plant in southwestern Nova Scotia.

TORONTO — TD Bank Group's second-quarter profit fell 22 per cent from last year as it booked costs related to a high-profile failure of its U.S. anti-money laundering program.

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market.

MONTREAL — Lightspeed Commerce Inc. has signed a North American partnership deal with Uber to integrate Uber Direct and Uber Eats marketplace into its platform.

A recent dispute over the use of a voice similar to Hollywood actor Scarlett Johansson by the maker of ChatGPT is another example of the complexities of generative artificial intelligence and the ethical debate around the technology.

SAN FRANCISCO (AP) — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom.

CALGARY — WestJet Airlines plans to launch a new cheaper fare category that would be available to travellers willing to fly without a carry-on bag.

WASHINGTON (AP) — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April from a revised 4.

AUSTIN, Texas (AP) — The families of 19 of the victims in the Uvalde elementary school shooting in Texas on Wednesday filed a $500 million federal lawsuit against nearly 100 state police officers who were part of the botched law enforcement response

CALGARY — WestJet has its eye on a number of used aircraft it hopes to add to its fleet to offset delays on pending aircraft deliveries from Boeing, the CEO of the Calgary-based carrier said.