National Business

TORONTO — Indigo Books & Music Inc. reported a larger net loss and a nearly 30 per cent drop in revenue in its most recent quarter. The book retailer recorded a net loss of about $31.

TORONTO — Sun Life Financial Inc. saw its most recent quarterly profit fall as it missed analyst expectations.

New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted tens of millions of dollars for lavish personal trip

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,579.10, up 77.49 points.) Osisko Mining Inc. (TSX:OSK). Basic Materials. Down 42 cents, or 8.99 per cent, to $4.25 on 36.

MONTREAL — WSP Global sees a lucrative horizon despite fallout from the pandemic, with an updated guidance predicting strong earnings comparable to its pre-COVID-19 expectations.

TORONTO — Major North American indexes advanced Thursday, while the price of gold reached a new height. Markets were up "modestly," said Anish Chopra, managing director with Portfolio Management Corp, with gains at or below one per cent.

Cargojet Inc. shares surged to a record high Thursday after it reported second-quarter revenues soared 65 per cent amid heightened e-commerce driven by work-from-home activity during the COVID-19 lockdowns.

Bausch Health Companies Inc. is planning to spin off its iconic eye care business into an independent publicly traded company, Canada's largest publicly traded pharmaceutical producer said Thursday. The firm, based near Montreal in Laval, Que.

Restaurant Brands International Inc. saw the pandemic take a big bite out of earnings last quarter, with sales down 31 per cent year over year despite a rebound during the past month as commuters return to the roads.

CALGARY — Shares in Canadian Natural Resources Ltd. rose Thursday after it reported record production of synthetic crude oil and lower operating costs at its oilsands mining operations in northern Alberta during the second quarter.