National Business

TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.

Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsui

TORONTO — Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.

TORONTO — Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company TS Investments Corp. has priced the beleaguered business at $77 million.

NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 jumped 1.

TORONTO — The beleaguered Hot Docs Film Festival says it will reopen its flagship Toronto theatre on a limited basis as it embarks on a search for a new leader this fall.

WINNIPEG — Manitoba's ethics commissioner has found an NDP cabinet minister was in the wrong for failing to disclose a business contract with the government but is not recommending a penalty.

MONTREAL — Canadian National Railway Co. says it plans to relocate its operations in Jasper to near Hinton, Alta., about 100 kilometres away. The company says it aims to minimize train stops between Edmonton and Blue River, B.C.

VANCOUVER — An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost.

The scientific director for the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage testified Thursday that the sub had malfunctioned just prior to the fatal dive. Appearing before a U.S.