National Business

TORONTO — North American stock markets moved lower Thursday after the U.S. Senate failed to approve a scaled back fiscal stimulus package.

OTTAWA — The slower rebound facing women, youth and low-wage workers could pose a threat to a broader economic recovery from the COVID-19 pandemic, Canada's top central banker said Thursday in a push to find ways to even out an uneven path out of the

FRANKFURT — European Central Bank head Christine Lagarde said the bank would “likely” use all of the 1.35 trillion euros ($1.

ST. JOHN'S, N.L. — Newfoundland and Labrador will see its first budget under newly installed Premier Andrew Furey at the end of the month, the province's finance minister announced Thursday.

WASHINGTON — U.S. wholesale prices rose 0.3% in August, just half the July gain, as food and energy prices decline.

TORONTO — Popeyes' much-hyped chicken sandwich will go on sale Canada-wide on Monday, after trial launches in Edmonton and southern Ontario earlier this year. The sandwich made headlines for rapidly selling out after it was released in the U.S.

Roots Corp. reported a $1.8-million loss in its latest quarter as its sales fell 38 per cent compared with a year ago due to the COVID-19 pandemic. Sales in what was the company's second quarter totalled $38.2 million, down from $61.

CHICAGO — The pilots’ union at United Airlines said Wednesday it has reached an agreement with the carrier to prevent the furlough of nearly 3,000 pilots when a federal prohibition on job cuts ends Oct. 1.

NEW YORK — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.

MONTREAL — Lightspeed POS Inc. says it will launch an initial public offering of its voting shares in the United States to help fund its growth strategies.