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National Business

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,188.98, down 257.16 points.) TC Energy Corp. (TSX:TRP). Energy. Down $1.41, or 2.41 per cent, to $57.15 on 26.9 million shares.
Rising COVID-19 infections in the U.S. push stock markets lower to end week

Rising COVID-19 infections in the U.S. push stock markets lower to end week

TORONTO — North American stock markets capped a poor weak by moving sharply lower Friday on rising COVID-19 infections in the U.S.
One-time charges weigh on Corus Q3 results, revenue drops as advertising slows

One-time charges weigh on Corus Q3 results, revenue drops as advertising slows

TORONTO — Television and radio broadcaster Corus Entertainment Inc. lost $752.3 million in its latest quarter as it took a one-time impairment charge related its to broadcast licenses and goodwill.
Air Canada, WestJet to drop physical distancing policies as air travel ticks up

Air Canada, WestJet to drop physical distancing policies as air travel ticks up

MONTREAL — The country's two largest airlines are ending their on-board seat distancing policies starting July 1, raising health concerns amid a pandemic that has devastated the travel industry.
Freshii swings to US$2.5-million loss in first quarter as revenue falls

Freshii swings to US$2.5-million loss in first quarter as revenue falls

TORONTO — Freshii Inc. swung to a US$2.5-million loss in its first quarter as revenue fell 11 per cent from a year ago.
Amazon looks to self-driving future by acquiring Zoox

Amazon looks to self-driving future by acquiring Zoox

NEW YORK — Amazon said Friday that it is buying self-driving technology company Zoox, which is developing an autonomous vehicle for a ride-hailing service that people would request on their phones.
Novelist Patchett has Nashville bookstore customers swooning

Novelist Patchett has Nashville bookstore customers swooning

NASHVILLE — The Nashville bookstore that opened and thrived while others were closing their doors is once again defying the odds, thanks, in part, to its famous novelist co-owner.
US consumer spending up 8.2%, partly erasing record plunge

US consumer spending up 8.2%, partly erasing record plunge

WASHINGTON — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter.
Supreme Court sides with Uber Uber driver seeking better pay, benefits

Supreme Court sides with Uber Uber driver seeking better pay, benefits

OTTAWA — The Supreme Court of Canada has cleared the way for Uber drivers to take the next step in their fight to be recognized as employees.
Kanye West to bring Yeezy brand, but not sneakers, to Gap

Kanye West to bring Yeezy brand, but not sneakers, to Gap

NEW YORK — Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids' clothing that will be sold at the chain's stores next year. Yeezy is best known for pricey sneakers that sell out online quickly.