National Business

ST. JOHN'S, N.L. — Canada's offshore oil and gas regulator says there was a "near miss" on ExxonMobil's Hebron platform in late May.

Those in favour of creating a federal right to repair law say the government should avoid shaping such legislation according to the wishes of special interest lobbyists as Ottawa gets set to launch consultations on the issue.

NEW YORK (AP) — U.S. stocks drifted lower to start what could be a quiet stretch following several weeks of gains. The S&P 500 fell 0.2% Monday. The Dow Jones Industrial Average lost 199 points, while the Nasdaq composite fell 0.1%.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal home sales were down in May from last year but showed signs of picking up from recent lows.

TORONTO — Mining companies in Quebec pulled employees out and suspended exploration work as forest fires forced thousands of people from their homes. Wallbridge Mining Company Ltd.

WASHINGTON (AP) — Thousands of Microsoft Outlook users reported issues with accessing and using the email platform Monday morning. Microsoft 365 outage and problem reports peaked at almost 18,000 shortly after 11 a.m.

FLINT, Michigan (AP) — General Motors plans to invest more than $1 billion in two Flint, Michigan, manufacturing plants for the production of the next-generation internal combustion engine heavy-duty trucks.

WASHINGTON (AP) — The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S.

Many big companies, including Target and Bud Light's parent, are still backing Pride events in June despite the minefield that the monthlong celebration has become for some of them.

WINNIPEG — NFI Group Inc. says it has signed a five-year deal to build up to 621 40-foot battery-electric buses for the Toronto Transit Commission.