National Business

DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.

TORONTO — Losses in the energy sector led Canada's main stock index lower on Tuesday, while U.S. stock markets were also down.

NEW YORK (AP) — U.S. stocks held steady in a calm day on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.

HALIFAX — The Nova Scotia government announced Tuesday that its promised program to encourage people to buy local will award points only at Sobeys Inc. grocery stores and the provincial liquor corporation.

VANCOUVER — Ottawa is providing $426 million to support heath care in British Columbia.

Jenny Wilcockson missed the first red flag — the estimated price for her movers came in much lower than quotes from other companies. Planning a complicated move from Hamilton, Ont., to Yarmouth, N.S.

CALGARY — The Canadian Securities Administrators say fines and restitutions jumped in the last year compared with a year earlier. In its year in review, the umbrella group for provincial securities regulators says they imposed $27.

TORONTO — Freedom Mobile is launching in 50 cities across B.C. and Alberta as part of its parent company's aggressive expansion since acquiring the carrier last year. Quebecor Inc.

BURNABY, B.C. — Clio has raised a US$900-million round of funding that the legal tech firm says is the largest software raise in Canadian tech history. The Burnaby, B.C.-based company says the Series F investment is based on a US$3 billion valuation.

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