National Business

TORONTO — Child-care centres in Ontario will be allowed to reopen Friday with a long list of restrictions in place, including on the number of people per room, extra cleaning and COVID-19 screening measures.

IBM is getting out of the facial recognition business, saying it's concerned about how the technology can be used for mass surveillance and racial profiling.

BALTIMORE — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,833.74, down 141.17 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.62 per cent, to 63 cents on 40.

TORONTO — Small business owners have spent months urging the Ontario government to hear their pleas for a temporary ban on commercial evictions, but some say the answer they've received doesn't go nearly far enough.

TORONTO — The tech-heavy Nasdaq composite index surpassed 10,000 points for the first time Tuesday even as North America's other stock markets gave back some of their recent gains. The S&P/TSX composite index closed down 141.17 points at 15,833.

CALGARY — Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change" that would account for a 75.6 per cent increase in its share price on Tuesday.

TORONTO — Darren Thornton is in the process of researching new names to rebrand CrossFit Defy, the gym he co-owns with his wife Michelle in Toronto's Leaside neighbourhood.

NEW YORK — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results.

MONTREAL, Ont. — Former Bank of Canada governor Stephen Poloz is joining the board of directors at technology and consulting firm CGI Inc.