National Business

TORONTO — North American stock markets closed the week with a down day on Friday despite gold prices briefly surpassing US$1,900 per ounce for the first time since 2011. In Toronto, the S&P/TSX composite index closed down 21.59 points at 15,997.

Major corporate sponsors are starting to distance themselves from WE Charity amid an ongoing controversy over a deal to run a $900-million student volunteer program.

TORONTO — Shares in Yamana Gold Inc. rose Friday after the company announced a 12 per cent increase in its dividend and as gold prices traded near a nine-year high. The company's Toronto Stock Exchange stock was up by 69 cents, or 9.

LONDON — GPS device-maker Garmin’s online fitness tracking service has gone down, leaving runners and cyclists struggling to upload data from their latest workouts.

KUALA LUMPUR, Malaysia — Malaysia’s government said Friday it has reached a $3.

NEW YORK — A retail venture owned by licensing company Authentic Brands Group and mall owner Simon Property Group has entered into an agreement to buy the iconic Brooks Brothers for $305 million.

WASHINGTON — Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows, a sign of increasing pessimism that would translate into roughly 10 million workers n

Canadian consumers flocked to online shopping as the measures to combat the COVID-19 pandemic were enacted, according to a Statistics Canada report. A new report from the agency found that total retail sales fell by 17.

WASHINGTON — Safety regulators issued an emergency order directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down during flights.

WASHINGTON — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.