National Business

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence.

CALGARY — Canadian Natural Resources Ltd. has struck a $461-million deal to buy Painted Pony Energy Ltd. as it looks to grow its position in the liquids-rich Montney natural gas region of northeastern B.C.

MONTREAL — French rail giant Alstom SA is warning that problems at Bombardier's train division may affect negotiations to buy it, but says it still plans to go ahead with the takeover deal.

TORONTO — Sidewalk Labs' Toronto office space is available for lease months after the company walked away from building a tech-savvy neighbourhood in the city.

WASHINGTON — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market. The number of jobs posted on the last day in June jumped 9.6% to 5.

SMITH FALLS, Ont. — Canopy Growth Corp. says a decline in recreational cannabis sales during the COVID-19 pandemic contributed to a rocky quarter. The Smiths Falls, Ont.

CALGARY — Ensign Energy Services Inc. reported a $17.1-million net loss in its second quarter, as revenue fell by nearly half compared with the same time last year.

Hong Kong authorities broadened their enforcement of a new national security law on Monday, arresting media tycoon Jimmy Lai, searching the headquarters of his Next Digital group and carting away boxes of what they said was evidence.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Grocery bill One of Canada's largest grocers will report its latest quarterly results Wednesday. Metro Inc., as well as competitors Loblaw Companies Ltd.

TORONTO — More than a year after winning the chance to open one of Ontario's first cannabis stores through a provincial lottery, Lisa Bigioni has walked away from her Niagara Falls pot shop.