National Business

NEW YORK (AP) — The high-flying “Top Gun: Maverick” continued to soar in its second weekend, dropping just 32% from its opening with $86 million in ticket sales, according to studio estimates Sunday.

TORONTO — Employees like Matt Fairbanks are one of the reasons the hospitality and restaurant industry is struggling to find workers even as the pandemic wanes.

Energy conference: Calgary plays host to the Global Energy Show this week beginning on Tuesday. It's a return to an in-person event this year for the oil and gas industry, among other sectors.

BEIJING (AP) — China on Sunday launched a new three-person mission to complete assembly work on its permanent orbiting space station.

Milk prices in Canada could be going up for the second time in a year following a rare request by Dairy Farmers of Canada for a mid-year price hike due to inflation.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,790.73, down 241.08 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up 17 cents, or 5.9 per cent, to $3.06 on 16.1 million shares.

TORONTO — Rogers Communications Inc. says the Competition Bureau's opposition to its proposed takeover of Shaw Communications Inc. is not supported by the evidence.

TORONTO — North American stock markets gave back some of the previous day's gains after a slowing but still hot U.S. jobs report reinforced expectations that the Federal Reserve will proceed with aggressive interest rate hikes.

WASHINGTON (AP) — U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and rising interest rates.

NEW YORK (AP) — Stocks ended another bumpy week with more losses Friday as investors considered the downside of the still-strong U.S. jobs market. The S&P 500 fell 1.6%, marking its eighth losing week in the last nine.