National Business

WASHINGTON — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy.

MONTREAL — Reitmans Canada Ltd. says its future remains uncertain as the insolvent women's apparel retailer negotiates for interim financing. The Montreal-based company had $206.6 million in liabilities and $42.

MONTREAL — DavidsTea Inc. says its net loss soared in its fiscal first quarter, a day after the insolvent beverage company announced it will shrink its retail network to 18 stores in Canada. The Montreal-based company says it lost $45.

WASHINGTON — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. Pay and benefits increased 0.

Montreal police are investigating a confrontation between dockworkers and port managers that erupted in violence Wednesday night amid a longshoremen strike. Police received a call at around 7 p.m.

TORONTO — At least two prominent fundraising organizations in Canada have notified their donors that their personal information may have been compromised in a May ransomware attack.

MONTREAL — Air Transat plans to cancel all flights from Western Canada to sun destinations and the United States this winter, with refunds en route to customers — a policy 180 in the COVID-19 era.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,299.29, up 4.63 points) SOPerior Fertilizer Corp. (TSX:SOP). Basic Materials. Unchanged at $0.03 on 13.54 million shares.

HALIFAX — Public-sector workers will have to dampen their wage expectations in the coming years as Nova Scotia grapples with a projected $853-million deficit resulting from the COVID-19 pandemic, Premier Stephen McNeil said Thursday.

TORONTO — North American stock markets made back some of their earlier losses Thursday to end the trading day relatively flat. The S&P/TSX composite index inched up 4.63 points to 16,299.29. It lost nearly 280 points earlier in the day.