National Business

NEW YORK (AP) — The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week. The S&P 500 dropped 0.9% to close out its third straight losing week.

TORONTO — Canada's main stock index closed up nearly 100 points Friday, helped by strength in energy and financial stocks, while U.S. markets were mixed. The S&P/TSX composite index closed up 98.93 points at 21,807.37.

TORONTO — TikTok is testing an app that rivals Instagram in Canada. The social media company says TikTok Notes became available for download and "limited testing" in Canada and Australia this week. TikTok Notes allows users to share photos and text.

CALGARY — More than three dozen major water users in southern Alberta have agreed to voluntarily curb their consumption if there's a severe drought this spring or summer.

TORONTO — The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with "robust" sales the retailer landed after announcing it would file for creditor protection and close 33 stores.

HONG KONG (AP) — Apple said it had removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Chinese authorities.

Ontario mediators have called striking airline catering workers back to the table for talks with employer Gate Gourmet, Teamsters Canada said Friday.

OTTAWA — The Canadian Food Inspection Agency is encouraging veterinarians to keep an eye out for signs of avian influenza in dairy cattle following recent discoveries of cases of the disease in U.S. cow herds.

JUNEAU, Alaska (AP) — The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.

TORONTO — As Canada’s biggest bookstore-turned-gift-giver’s-paradise edges toward privatization, it's evident from a stroll around one of its Toronto stores that the retailer knows some things haven’t been working.