National Business

NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus for $2.65 billion.

MISSISSAUGA, Ont. — Non-prime lender Goeasy Ltd. says its CEO Jason Mullins will step down from the role at the end of the year.

TORONTO — The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

TORONTO — DesRosiers Automotive Consultants says June light vehicle sales were relatively weak amid widespread software outages after cybersecurity attacks last month.

Paying back student loans has always been a challenge, but at a time when housing and meals eat up a bigger slice of income than ever, making smart choices around loans and repayment is all too critical.

GATINEAU, Que. — The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.

MONTREAL — CGI Inc. says it has signed a deal with the three Prairie credit union centrals to acquire Celero, a provider of technology services to credit unions and financial institutions.

TOKYO (AP) — Japan’s Nikkei 225 stock index closed Thursday at a fresh record high of 40,913.65, pushing past its most recent record close set in March on heavy buying of automaker and technology shares. The index gained 0.

VANCOUVER — Chef Gus Stieffenhofer-Brandson says that when it comes to a fat B.C. peach, there are "endless possibilities" for a fruit that signifies summer.

As a wave of companies rush to embed artificial intelligence into their operations, Matt Wood has noticed the technology's fastest adopters are businesses more typically described as slow to change.