National Business

TikTok and its Chinese parent company ByteDance are suing the U.S. federal government over a law that would ban the popular video-sharing app unless it’s sold to another company.

CALGARY — The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emission and methane reporting requirements. The regulator says it began investigating Tallahassee Exploration Inc.

TORONTO — Intact Financial Corp. says it has launched a pilot program to reduce wildfire damage to customers' homes in Western Canada as another season of elevated fire risk approaches.

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.

Union workers are feeling increasingly emboldened to reject tentative agreements as they fight to join the ranks of those benefiting from the recent wave of wage gains, experts say.

CALGARY — Crescent Point Energy Corp. says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil & Gas. The company says included in the deal are its Flat Lake and Battrum properties.

VANCOUVER — Ballard Power Systems saw its first-quarter loss deepen compared with a year ago as its revenue rose nine per cent. The Vancouver-based fuel cell maker, which keeps its books in U.S.

As the higher cost of living continues to squeeze household budgets, many Canadians find they have even less left over at the end of every month to squirrel away for the future.

NEW YORK (AP) — U.S. stocks are holding relatively steady as trading on Wall Street calms following some sharp recent swings. The S&P 500 was up 0.2% in early trading Tuesday, coming off a strong three-day winning streak.

TORONTO — George Weston Ltd. raised its quarterly dividend as it reported its first-quarter profit fell compared with year ago as it was hit by one-time charges related to its large stake in Choice Properties Real Estate Investment Trust.