National Business

TORONTO — CBC News anchor Adrienne Arsenault and reporter Jorge Barrera of "The National" took home two of the top news prizes at the first of several industry galas for the Canadian Screen Awards.

WILLIAMS LAKE, B.C. — A union representing 550 workers at a mine in British Columbia's central Interior says they're prepared to go on strike if a new contract is not reached by the end of Friday.

MONTREAL — The bitter battle over who would run Gildan Activewear Inc. cost the company at least US$65 million, according to its newly returned CEO, as the apparel maker looks to turn a corner after a turbulent six months.

TORONTO — Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank.

WINNIPEG — Fuel is flowing for the first time in more than two months through a pipeline that supplies gasoline, diesel and aviation fuel to the Winnipeg region.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,265.05, down 108.33 points): Suncor Energy Inc. (TSX:SU). Energy. Up 26 cents, or 0.47 per cent, to $55.54 on 12.1 million shares.

TORONTO — Losses in industrial, utility and financial stocks weighed on the Toronto stock market as Canada's main stock index fell more than 100 points Tuesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 108.

NEW YORK (AP) — Most U.S. stocks fell as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend. The S&P 500 closed little changed Tuesday and is sitting just below its record set a week ago.

TORONTO — Rising strain in auto loans and mortgages led Scotiabank to set aside more money in the second quarter, leading to a drop in profits and analyst concern about its growth prospects. The bank said Tuesday its net income fell to $2.

OpenAI says it's setting up a safety and security committee and has begun training a new AI model to supplant the GPT-4 system that underpins its ChatGPT chatbot.