National Business

Retail sales dropped in June as Canadians continued to grapple with high interest rates. Statistics Canada said Friday that retail sales fell 0.3 per cent to $65.7 billion that month, led by a drop in sales at new car dealers.

GABORONE, Botswana (AP) — The largest diamond found in more than a century has been unearthed at a mine in Botswana, and the country's president showed off the fist-sized stone to the world at a viewing ceremony Thursday.

VANCOUVER — An end to a countrywide rail stoppage may be in sight, but riders of British Columbia's West Coast Express are facing at least one more day without the service.

Alberta's top court has allowed a southwestern ranching community to appeal the provincial energy regulator's decision to accept applications to explore for coal in the Rocky Mountains.

CALGARY — Imperial Oil has been fined $50,000 after the province's energy regulator concluded the company broke environmental laws when wastewater containing oilsands tailings seeped outside its lease boundary in 2022.

A pharmacist pleaded no contest Thursday to involuntary manslaughter in the deaths of 11 people in Michigan, all victims of tainted steroids that caused a national meningitis outbreak in 2012.

TORONTO — Canada's main stock index moved lower on Thursday, led by weakness in technology and base metals, while U.S. markets were also down, with the Nasdaq falling 1.7 per cent. The S&P/TSX composite index closed down 84.26 points at 23,037.

NEW YORK (AP) — U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday. The S&P 500 lost 0.9% Thursday, its worst day in more than two weeks.

HALIFAX — In the year since Nova Scotia invested in an online platform aimed at helping renters find affordable housing, a total of 23 leases have been signed, a result opposition parties say is a failure. On Aug.

Air Canada pilots have voted overwhelmingly to approve a strike mandate, putting them in a position to walk off the job as early as Sept. 17.