National Business

MONTREAL — SNC-Lavalin Group Inc. reported its second-quarter profit fell compared with a year ago as revenue grew. The company says its profit from continuing operations attributable to shareholders totalled $1.

WASHINGTON (AP) — More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. economy.

NEW YORK (AP) — In a highly unusual move that rattled Hollywood, Warner Bros. axed the “Batgirl” film planned for HBO Max, opting to shelve the $90 million film as the reorganized studio revamps its approach to streaming and DC Comics films.

TORONTO — Sun Life Financial Inc. says it earned $785 million or $1.34 per share in the second quarter of 2022, a 13 per cent decrease from the prior year.

SASKATOON — Nutrien Ltd. says its net profit increased 224 per cent to US$3.6 billion in the second quarter as the war in Ukraine continues to put pressure on global agriculture markets. The Saskatoon-based fertilizer producer — which reports in U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,545.94, up 40.61 points.) Enbridge Inc. (TSX:ENB). Energy. Up eight cents, or 0.14 per cent, to $56.71 on 10.5 million shares.

CALGARY — North American markets rallied Wednesday against the backdrop of another day of strong corporate earnings as well as easing investor anxiety about U.S.-China relations. The S&P/TSX composite index closed up 40.61 points at 19,545.94.

LOS ANGELES (AP) — Dr. Meredith Grey will be cutting back her workload on “Grey's Anatomy.

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home sales were down a whopping 43 per cent from last July and 23 per cent from this past June. Sales in the region totalled 1,887 last month and were 35.

WINNIPEG — Global supply chain constraints, inflation and restructuring costs put pressure on NFI Group Inc.'s second quarter earnings, but the company said Wednesday that the outlook is improving.