National Business

TORONTO — A broad-based rally helped Canada's main stock index close up more than 100 points Friday to largely recover from losses a day earlier, while U.S. stock markets also climbed. The S&P/TSX composite index ended up 120.08 points at 22,320.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,320.87, up 120.08 points): Suncor Energy Inc. (TSX:SU). Energy. Down nine cents, or 0.16 per cent, to $55.06 on 10.0 million shares.

NEW YORK (AP) — U.S. stocks rose in a bounce back from Wall Street’s worst day since April. The S&P 500 gained 0.7% to win back all its losses from earlier in the week.

Canada Post needs drastic measures to staunch the fiscal bleeding and revamp its operations after a tough decade, experts say.

TORONTO — Ontario is speeding up its expansion of alcohol sales in the province, and the move comes with up to $225 million in public money for The Beer Store.

CALGARY — Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The Calgary-based oil and gas company says shareholders voted 99.6 per cent in favour of the stock-and-cash deal.

Lynx Air hopes to sell off everything from life jackets to oxygen masks as it tries to recoup a portion of the losses it suffered before filing for creditor protection earlier this year.

TORONTO — CBC is launching 14 free ad-supported streaming channels dedicated to local news across Canada in an effort to attract younger audiences who don't have the "traditional habits" of linear news consumers.

KAMLOOPS, B.C. — The United Steelworkers union says workers at a Hudson's Bay store in Kamloops, B.C., have ratified a new deal with their employer after a 165-day strike. Workers with Local 1-417 walked off the job on Dec.

Restaurants Canada says an increase in the farm-level price of chicken in B.C. could raise costs for consumers by around 10 per cent. The B.C.