National Business

TORONTO — Thomson Reuters Corp. says it earned a second-quarter profit of US$894 million as its revenue rose two per cent compared with a year ago. The company, which keeps its books in U.S. dollars, says the profit amounted to US$1.

Some 6.6 million "unsafe vehicles" are likely on the road despite having unresolved safety recalls, the federal government says. In an analysis from June, Transport Canada estimated that one in five of the 33.

TORONTO — A recent string of rejected tentative agreements across the country is a sign that workers are expecting more from their employers, and their unions, experts said.

REGINA — Saskatchewan's Crown corporations are reporting sizable earning losses this year, with the government-owned electrical utility facing its biggest financial hit yet.

WASHINGTON (AP) — Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades.

TORONTO — EQB Inc., the company that owns EQ Bank, says it earned $130.9 million in the second quarter, up from $58.8 million a year earlier. The Toronto-based firm says diluted earnings per share were $3.39, up from $1.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,532.93, down 93.71): Suncor Energy Inc. (TSX:SU). Energy. Down six cents, or 0.15 per cent, to $41.20 on 10.8 million shares.

TORONTO — Canada's main stock index fell almost 100 points with weakness in financials, base metals and utilities helping drag the index lower, while U.S.

LANSING, Mich.

Strathcona Resources Ltd. announced Tuesday it will go public through a deal to purchase oil and gas exploration company Pipestone Energy Corp. as part of a longer-term expansion push.