National Business

TORONTO — Spin Master Corp. says it lost US$24.5 million in its second quarter, down from a profit of US$28 million a year earlier. Revenues for the toy and entertainment company totalled US$412 million, down from US$420.

TORONTO — Intact Financial Corp. says its profits rose in the second quarter as past catastrophe losses are helping drive insurance premium growth.

CALGARY — Precision Drilling Corp. says its earnings for the second quarter declined 23 per cent year-over-year to $20.7 million, down from $26.9 million. Revenue for the quarter was $429.2 million, up from $425.

CALGARY — TC Energy Corp. is selling a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities for $1 billion.

TORONTO — Strength in financials and utilities helped Canada's main stock index stay afloat Tuesday as U.S. markets were mixed, weighed down by losses in the tech sector. The S&P/TSX composite index was up 45.10 points at 22,824.67.

DENVER (AP) — Pro Football Hall of Famer Terrell Davis posted an email from United Airlines Tuesday that said he was banned from flying the airline until a review of an incident earlier this month was complete.

AUSTIN, Texas (AP) — Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday.

WASHINGTON (AP) — The Senate overwhelmingly passed legislation Tuesday that is designed to protect children from dangerous online content , pushing forward with what would be the first major effort by Congress in decades to hold tech companies more a

WASHINGTON (AP) — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates . There were 8.18 million job vacancies in June, down from 8.

American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about current conditions weakened.