National Business

CALGARY — Baytex Energy Corp. says it is responding to higher oil prices by bringing back on line some of the wells it had shut down in April and May to avoid selling into an oversupplied market.

NEW YORK — Sidewalk Labs says it has laid off just under 20 workers, a month after abandoning its plan to build a smart city in Toronto.

NEW YORK — Amazon is bringing its climate change message to a new arena. Literally. The company, eager to prove that it’s working to combat climate change, is paying to name a Seattle hockey stadium Climate Pledge Arena.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,446.14, up 151.76 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down half a cent, or 1.12 per cent, to 44 cents on 12.

WINDSOR, Ont.

TORONTO — North American stock markets moved higher Thursday as the banking sector was helped by an easing of restrictions on its use of capital. The U.S.

WASHINGTON — Nearly 1.1 million coronavirus relief payments totalling some $1.4 billion went to dead people, a government watchdog reported Thursday.

TORONTO — When Paddy Cosgrave welcomed the world to his annual Collision tech conference on Tuesday, it was far from the event he envisioned when he started planning it last year.

WASHINGTON — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U.S.

ISLAMABAD — Pakistan’s state-run airline said Thursday it will ground 150 pilots, accusing them of obtaining licenses by having others take exams for them, an accusation that followed a probe into last month’s crash that killed 97 people in Karachi.