National Business

NEW YORK (AP) — U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record.

ST. JOHN'S, N.L. — The man who led a fish harvesters protest that shut down the Newfoundland and Labrador legislature building last month says he and his colleagues plan to return on Monday to keep up their fight for what he calls "free enterprise.

TORONTO — A new report says the asking rent for a home in Canada in March was up 8.8 per cent compared with a year ago, but down from February. The report by Urbanation, which analyzes monthly listings from Rentals.

LETHBRIDGE, Alta. — The Crown and defence lawyers have wrapped up their cases in the trial of three men accused of orchestrating the border shutdown at Coutts, Alta., in early 2022.

WASHINGTON (AP) — The House voted Friday to reauthorize and reform a key U.S. government surveillance tool following a dramatic showdown on the floor over whether the FBI should be restricted from using the program to search for Americans’ data.

The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.

OTTAWA — Canada's banking regulator says it will be putting limits on how much leverage banks allow in their uninsured mortgage portfolios.

TORONTO — Despite a drop in advertising revenue, the chief executive of Corus Entertainment Inc. says he is confident the television and radio broadcaster can draw advertisers back as it focuses more on growing digital and streaming audiences.

Toronto’s airports authority has announced a multibillion-dollar plan to update and modernize Toronto Pearson Airport.

WASHINGTON (AP) — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this year.