National Business

TORONTO — Canada's main stock index suffered a triple-digit loss Wednesday after a weak performance from the energy sector, the result of dropping oil prices as global supply of the commodity stabilizes.

CALGARY — As the lights dimmed and the music started pumping at Calgary's Home and Away sports bar last weekend, owner James Martin felt something he hadn't in a long time — hope.

TORONTO — Royal Bank of Canada has named Indigenous leader Roberta Jamieson to its board of directors, effective Aug. 1.

HALIFAX — When increasing wages wasn’t enough, the owner of a Halifax-area baby boutique teamed up with other retail operators in a small suburban mall to turn a part-time sales position into a full-time job.

HALIFAX — Structural engineering experts say that while the sight of yet another crumpled crane in Canada may be unsettling, the towering equipment powering the country's construction boom has a top-notch safety record.

NEW YORK (AP) — Jordan Pavlin, the publisher of such young and acclaimed authors as Tommy Orange, Ayana Mathis and Yaa Gyasi, has been promoted to editor in chief of Alfred A. Knopf, among the book world's most prestigious jobs.

WASHINGTON (AP) — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%.

OTTAWA — Statistics Canada says manufacturing sales fell for a second consecutive month in May as the machinery, chemical and fabricated metal industries declined. The agency says manufacturing sales fell 0.6 per cent to $57.9 billion in May.

CALGARY — Calfrac Well Services Ltd. has won another round with Wilks Brothers LLC over its recapitalization plan.

ROME (AP) — Pope Francis was discharged from a Rome hospital and returned home to the Vatican on Wednesday, 10 days after undergoing surgery to remove half his colon.