National Business

CAPE CANAVERAL, Fla.

Canada Post and the union representing its more than 55,000 postal workers are returning to negotiations this weekend.

TORONTO — Canada's main stock index gained more than one per cent Friday, led by strength in financial and industrial stocks, while U.S. markets also rallied in the latter half of the afternoon. The S&P 500 and the Nasdaq each gained 1.

TORONTO — Loblaw is reviewing price increase requests from suppliers faster than normal because of the impact of potential tariffs on costs.

TORONTO — Bell Media says it's cutting 98 jobs through layoffs and buyouts. A spokeswoman for the company says most of the jobs are in "service and corporate departments" and no CTV journalists have lost their jobs.

MONTREAL — Passenger rights advocates are raising alarm bells about a proposed change that would give the country's transport watchdog new powers to penalize air travellers for breaching confidentiality rules.

NEW YORK (AP) — Wall Street closed its dreary February on a brighter note, as U.S. stock indexes rallied. The S&P 500 jumped 1.6% Friday to trim its loss for the month, enough to make it the worst since only December instead of since April.

CALGARY — More than half of MEG Energy Corp.'s oil sales would be free from potential U.S. tariffs thanks to the diverse market access options it has lined up, a company executive says.

WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.

Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011, which had helped spark a transformation in how people communicate online.