National Business

TORONTO — A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding.

MONTREAL — The Montreal airport has an illegal taxi problem, says its regulatory authority, which is calling for a crackdown.

CALGARY — WestJet Airlines is asking the federal government to allow airlines to recover passenger compensation costs from other aviation industry partners, if it believes those partners played a role in causing flight delays or disruptions.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,454.32, up 32.47): Toronto-Dominion Bank (TSX:TD). Financials. Down 81 cents, or one per cent, to $80.50 on 8.9 million shares.

TORONTO — Canada's main stock index eked out a gain Wednesday, while U.S. markets slumped later in the day to post small losses on the heels of fresh inflation data. The S&P/TSX composite index was up 32.47 points at 20,454.32.

WASHINGTON (AP) — Turmoil in the banking system after two major banks collapsed led many Federal Reserve officials to envision fewer rate increases this year out of concern that banks will reduce their lending and weaken the economy.

TORONTO — Rogers Communications Inc.

ST. JOHN'S, N.L. — Newfoundland and Labrador's Muskrat Falls hydroelectric project is considered commissioned after years of delays and billions of dollars in cost overruns.

WASHINGTON — National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR's account with labels the news organization says are intended to undermine its credibility.

WILMINGTON, Del. (AP) — The judge presiding over a defamation case against Fox News said Wednesday he likely will order an independent review to determine whether the network improperly withheld evidence, a step that could lead to sanctions.