National Business

OTTAWA — A quick look at Canada's June employment (numbers from the previous month in brackets): Unemployment rate: 12.3 per cent (13.7) Employment rate: 56.0 per cent (52.9) Participation rate: 63.8 per cent (61.

WASHINGTON — U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.

MONTREAL — MTY Food Group Inc. reported a second-quarter loss of $99.1 million as the company took a $120.3-million non-cash impairment charge related to property, plant and equipment, intangible assets and goodwill due to the pandemic.

MANILA, Philippines — Philippine lawmakers voted Friday to reject the license renewal of the country’s largest TV network, one of the critical news agencies the president has repeatedly threatened, in a move that shut down a major news provider amid

VICTORIA — British Columbia's gradual restart is gaining ground as some industries resume operations and more people leave their homes to participate in the economy, Premier John Horgan said Thursday. He said B.C.

MONTREAL — Insolvent beverage retailer DavidsTea is closing 82 stores in Canada and all 42 of its stores in the U.S. as it focuses on its e-commerce business and supplying grocery stores and pharmacies.

VANCOUVER — Aritzia Inc. reported a first-quarter loss and revenue drop after temporarily closing all its stores due to COVID-19 health precautions, but the clothing retailer sees an opportunity to expand its business amid the global pandemic.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,568.64, down 60.55 points.) Kinross Gold Corp. (TSX:K). Materials. Up 17 cents, or 1.66 per cent, to $10.43 on 6.9 million shares.

TORONTO — Canada's main stock index was relatively flat Thursday ahead of next week's start to eagerly anticipated second-quarter earnings results. The S&P/TSX composite index closed down 60.55 points at 15,568.

SEATTLE — Cookware and kitchen chain Sur La Table is closing 56 of its 121 stores as it seeks bankruptcy protection, the latest retail casualty of the coronavirus pandemic.