National Business

TORONTO — Across the bridge from B.C.'s Granville Island sits a building with 45 apartments atop a Subway restaurant and nail salon. While the Lex might look similar to its neighbours, its soon-to-be investors are hardly the norm.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.

WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.

TORONTO — The chief executive of Canadian Imperial Bank of Commerce is expecting the country to soon experience an economic boost as more people become fully vaccinated against COVID-19. "Our neighbours to the south...

NEW YORK (AP) — Lawrence Block has followed many paths during his long career. “With not a few dead end roads among them,” notes the mystery novelist.

NEW YORK (AP) — The Metropolitan Opera would be able to cut the fees of its highest-paid individual singers by 12.7% under a pending four-year contract with the American Guild of Musical Artists.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,745.47, up 181.35 points.) Suncor Energy Inc. (TSX:SU). Energy. Up nine cents, or 0.32 per cent, to $27.98 on 14.6 million shares.

Jae Anthony has experienced first-hand how raising capital can be an inequitable process for Black Canadians.

TORONTO — Canada's main stock index outpaced U.S. markets and pushed further into record territory amid a broad-based rally helped by the commodities sector. The S&P/TSX composite index closed up 181.35 points to 19,745.

NEW YORK (AP) — Exxon Mobil’s shareholders have voted to replace at least two of the company's 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleane