National Business

TORONTO — The financial sector helped weigh down Canada's main stock index in late-morning trading on Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index was down 64.36 points at 28,368.64.

MONTREAL — Desjardins Group is acquiring global investment management company Guardian Capital Group Ltd. for around $1.67 billion or $68 per share, the co-operative financial group said on Thursday.

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding polit

NEW YORK (AP) — Stocks held relatively steady near their record highs as investors pored over a mixed batch of earnings reports from big U.S. companies. The S&P 500 was up 0.

WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars . In an upgrade from its first estimate in July, the Commerce Department said Thursday that U.S.

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed . Applications for unemployment benefits for the week ending Aug.

WASHINGTON — Canada-U.S. Trade Minister Dominic LeBlanc said he left Washington Wednesday with a sense that progress was made after a meeting with U.S. Commerce Secretary Howard Lutnick.

OTTAWA — Canada Post is urging the Canadian Union of Postal Workers to revisit its offers after meeting at the bargaining table Wednesday.

MONTREAL — Anti-smoking advocates urged the provinces and territories to use money from a historic tobacco settlement on public health programs as the provinces are set to receive initial amounts starting Friday.

TORONTO — EQB Inc. reported adjusted net income of $80.3 million during the third quarter, marking a 32 per cent decline from the previous year.