National Business

TORONTO — Bell Media says it's cutting 98 jobs through layoffs and buyouts. A spokeswoman for the company says most of the jobs are in "service and corporate departments" and no CTV journalists have lost their jobs.

MONTREAL — Passenger rights advocates are raising alarm bells about a proposed change that would give the country's transport watchdog new powers to penalize air travellers for breaching confidentiality rules.

NEW YORK (AP) — Wall Street closed its dreary February on a brighter note, as U.S. stock indexes rallied. The S&P 500 jumped 1.6% Friday to trim its loss for the month, enough to make it the worst since only December instead of since April.

CALGARY — More than half of MEG Energy Corp.'s oil sales would be free from potential U.S. tariffs thanks to the diverse market access options it has lined up, a company executive says.

WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.

Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011, which had helped spark a transformation in how people communicate online.

VANCOUVER — British Columbia Premier David Eby says it has been "absolutely inspirational" to see people step up across the province and Canada to support homegrown businesses in response to the tariff threat from U.S. President Donald Trump.

MONTREAL — Laurentian Bank of Canada reported a slight increase in profits in the first quarter as it works through reform efforts. The bank said Friday it had a first-quarter profit of $38.6 million, up from $37.3 million a year earlier.

CALGARY — U.S. tariff threats are making politicians and the general public more receptive to Canadian energy infrastructure projects, the chief executive of Pembina Pipeline Corp. says.

REDMOND, Wash. (AP) — Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011.