National Business

TORONTO — Sun Life Financial Inc. says net income for the first quarter was $806 million, up more than 21 per cent from $665 million a year earlier. The Toronto-based company says diluted earnings per share were $1.37, up from $1.

WASHINGTON (AP) — President Joe Biden’s Friday follow-up meeting with congressional leaders on the debt limit crisis was abruptly postponed to next week, with staff-level talks making progress and expected to continue through the weekend, the White H

CALGARY — The Competition Bureau of Canada has opened an investigation into allegations of greenwashing against the Pathways Alliance, a consortium of oilsands companies.

MISSISSAUGA, Ont. — The head of Maple Leaf Foods Inc. said he's confident in the future of the companyas he hands the reins of the protein producer to current president and chief operating officer Curtis Frank.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (81.70, down 20,417.61): PetroTal Corp. (TSX:TAL). Energy. Up three cents, or 4.11 per cent, to 76 cents on 21.3 million shares.

ST. JOHN'S, N.L. — Crab fishers and processors have once again locked horns in Newfoundland and Labrador, prolonging a bitter standoff in the province's lucrative snow crab fishery.

TORONTO — Canada's main stock index was down more than 80 points Thursday, led by losses in energy and metals, while U.S. markets were mixed after key data releases showed the economy continues to slow. The S&P/TSX composite index was down 81.

MONTREAL — The National Airlines Council has released a report calling on Ottawa to implement "shared accountability" in aviation, with the goal of smoother travel — and across-the-board responsibility for flight disruptions.

TORONTO — Bank of Nova Scotia has been fined US$22.5 million by two U.S. agencies for violations related to employee use of unapproved communication methods including text messages and WhatsApp.

NEW YORK (AP) — Wall Street slipped, sending the S&P 500 down 0.2%. Disney was one of the heaviest forces dragging the market lower on Thursday after it lost streaming subscribers during the latest quarter.