National Business

TORONTO — Indigo Books & Music Ltd. says it lost $28.5 million in its first quarter, compared with a loss of $25.4 million in the same quarter last year. The Toronto-based retailer says revenue for the quarter ended July 1 was $179.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,342.88, up 67.61 points): Suncor Energy Inc. (TSX:SU). Energy. Down 19 cents, or 0.45 per cent, to $42.41 on 12.9 million shares.

TORONTO — Dye & Durham Ltd. says it has completed the sale of its TM Group business to alternative investment firm Aurelius in an agreement worth up to 91 million pounds.

TORONTO — Unifor national president Lana Payne emphasized that autoworkers expect to make significant wage and benefit gains as the union kicked off contract talks with the Detroit Three on Thursday.

TORONTO — Canada's main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.

NEW YORK (AP) — Stocks wobbled to a mixed close on Wall Street following the latest update on inflation across the U.S. The S&P 500 ended just barely higher Thursday after having been up as much as 1.3% earlier in the day.

TORONTO — Demand for non-essential items at Canadian Tire stores took a dive last quarter as the company said customers are increasingly feeling the pinch of higher inflation and interest rates. Those struggles prompted Canadian Tire Corp. Ltd.

OTTAWA — An investigation by Canada's auditor general found the Canadian Museum of History's conservation system is putting its collections at risk.

MONTREAL — A new report says Air Canada ranked last in on-time performance among the 10 largest airlines in North America, as some carriers north of the border struggle to find their post-pandemic footing despite much better outcomes than the travel

Quebecor Inc. says it added more than 1.8 million subscribers through its purchase of Freedom Mobile as it began to unveil new offerings for customers following its entry to the national wireless market last quarter.