National Business

TORONTO — A rare sizable decline in crude oil prices overwhelmed a tech bounce to push Canada's main stock index lower, ending a brutal week that saw it plunge 6.6 per cent in its worst performance in more than two years.

NEW YORK (AP) — Wall Street closed out its most punishing week since the 2020 coronavirus crash with a meandering day of trading Friday that left it a bit higher. The S&P 500 rose 8.07 points, or 0.2%, to 3,674.

EDMONTON — An economics professor says Edmonton should be happy it was not selected to host games for the 2026 FIFA World Cup because the cost would have exceeded the economic benefits.

Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home’s environmental footprint.

MONTREAL — A growing swath of Canadian companies are no longer requiring employees to be vaccinated to come to work, as corporate policies ease in step with public health guidelines.

LAVAL, Que. — Bausch Health Companies Inc. is suspending plans for an initial public offering of its Solta Medical business due to what it says are challenging market conditions and other factors.

Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization.

U.S. regulators on Friday authorized the first COVID-19 shots for infants and preschoolers, paving the way for vaccinations to begin next week.

BRUSSELS (AP) — The European Union's executive arm on Friday recommended making Ukraine a candidate for EU membership, a morale booster and a first step on what is expected to be a long road for the war-torn country to join the 27-nation bloc.

GATINEAU, Que. — Cannabis company Hexo Corp. says Zenabis Global Inc., a wholly owned subsidiary, has filed for protection under the Companies’ Creditors Arrangement Act.