National Business

LOS ANGELES — Eli Broad, the billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died Friday in Los Angeles.

ORLANDO, Fla. — When Rep. Matt Gaetz vacationed in the Bahamas in 2018, he was joined by a doctor who donated to his campaign and a former colleague in the Florida Legislature. The Republican congressman, Dr.

BUDAPEST, Hungary — Hungary on Saturday loosened several COVID-19 restrictions for people with government-issued immunity cards, the latest in a series of reopening measures that have followed an ambitious vaccination campaign.

JAKARTA, Indonesia — Workers in Indonesia marked international labour day on Saturday with significantly less-attended marches due to coronavirus restrictions, but thousands still vented their anger at a new law they say harms their rights and welfar

OTTAWA — COVID-19 contributed to Canada Post losses last year as the Crown corporation lost $779 million before tax, a fivefold increase from 2019, even as it faces record parcel volumes.

MONTREAL — Insolvent beverage company DavidsTea Inc. says its net losses nearly doubled last year on surging losses in the fourth quarter. The Montreal-based company says it lost $55.9 million or $2.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,108.33, down 147.59 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up nine cents, or 17.65 per cent, to 60 cents on 11.

TORONTO — Blockbuster corporate earnings and economic data couldn't prevent global stock markets from tumbling to end the trading week on renewed COVID-19 concerns and a possible signal that U.S. interest rates could be rising sooner than expected.

LONDON — AstraZeneca said Friday that it intends to seek U.S. authorization for its COVID-19 vaccine in the “coming weeks," acknowledging a delay in the much-anticipated filing that had been expected by mid-April.

CALGARY — Shares in Imperial Oil Ltd. rose Friday after it raised its dividend by nearly 23 per cent and announced accelerated share buybacks as it continues to prioritize returns to shareholders over spending on big growth projects.