National Business

CALGARY — TC Energy Corp., the Canadian company behind the ill-fated Keystone XL pipeline, has suffered a major blow after a trade tribunal tossed out its claim to US$15 billion in damages.

TORONTO — Gains in industrial and technology stocks led Canada's main stock index up more than one per cent on Tuesday, outweighing weakness in energy, while U.S. stock markets also rose, led by a rally on the Dow.

NEW YORK (AP) — Former TV personality Carlos Watson was convicted Tuesday in a federal financial conspiracy case about Ozy Media, an ambitious startup that collapsed after another executive impersonated a YouTube executive to hype the company’s succe

TORONTO — Canada's biggest bookseller will remove enlarged photos of Alice Munro from stores, but bookstores large and small say they plan to keep her published works on the shelves.

NEW YORK (AP) — U.S. stocks rose to records after several big companies delivered better-than-expected profits for the spring. The S&P 500 climbed 0.6% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average leaped 1.

MONTREAL — Quebec’s liquor Crown corporation says it’s seeing a surge in sales at some stores along the boundary with Ontario amid a strike by workers of that province's liquor control board.

NEW YORK (AP) — Cybersecurity firm Kaspersky says it's shutting down all of its operations in the United States, just weeks after the Commerce Department banned the use of the company's software in the country.

TORONTO — Canada's investment product regulator says it imposed more than $14 million in fines and other financial enforcements in its last fiscal year.

CHARLOTTETOWN — Prince Edward Island is following in the footsteps of several other provinces and restricting cellphone use in schools.

OTTAWA — Ottawa intends to ban the installation of oil furnaces in new construction as soon as 2028, Energy Minister Jonathan Wilkinson announced Tuesday.