National Business

OTTAWA — The national unemployment rate was 13.0 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — A quick look at April employment (numbers from the previous month in brackets): Unemployment rate: 13.0 per cent (7.8) Employment rate: 52.1 per cent (58.5) Participation rate: 59.8 per cent (63.

Toronto-Dominion Bank says it expects to take a provision for credit losses related to its U.S. retail banking business of roughly $1.1 billion (US$800 million) in its second quarter due to the pandemic.

MONTREAL — SNC-Lavalin Group Inc. will be free to pull up stakes from Montreal — the seat of its operations for more than a century — come 2024, along the lines of a "Plan B" it submitted to federal prosecutors in 2018.

NEW YORK — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.

SACRAMENTO, Calif. — California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov.

DALLAS — A Texas salon owner who defied Republican Gov.

TORONTO — Cineplex says it's delaying the release of its first-quarter financial results as it focuses on the business impact of COVID-19.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,833.69, up 2.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down eight cents, or 15.

TORONTO — Canada's main stock index inched slightly higher on the growing shine from metals as the Canadian price of gold moved closer to a record high. The June gold contract was up US$37.30 at US$1,725.80 an ounce.