National Business

TORONTO — Hudson's Bay Company has tapped the former chief financial officer of another struggling retailer, J.C. Penney, to fill its vacancy. Edward Record will step into the executive role on Aug.

Stock markets tumbled Thursday, but the Toronto Stock Exchange's main index fared better than its U.S. counterparts due to the strength of gold and other commodities. The S&P/TSX composite index dropped 48.57 points to 15,033.64.

HARTFORD, Conn. — Connecticut officials say they have closed an investigation of a restaurant after finding no violations in connection with a car crash that killed the wife of longtime ESPN broadcaster Chris Berman.

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,033.64, down 48.57 points): Hydro One Ltd. Instalment Receipts (TSX:H.IR). Utilities. Up five cents, or 0.14 per cent, to $37.00 on 10.

WASHINGTON — President Donald Trump bitingly decried the rising movement to pull down monuments to Confederate icons Thursday, declaring the nation is seeing "the history and culture of our great country being ripped apart.

TORONTO — An Ontario court has thrown out a lawsuit against the provincial government over the controversial partial sale of Hydro One.

MONTREAL — A Quebec man wants millions in compensation from Netflix on behalf of subscribers in the province, alleging the company violated strict consumer rights rules when it upped their fees.

OTTAWA — Canadian manufacturing sales fell in June following three consecutive months of gains, with declines led by the petroleum and coal industry. Manufacturing sales slipped 1.8 per cent overall to $53.

The Bangkok billionaire family that co-founded Red Bull, the world's leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan's fugitive son was last seen.

BENTONVILLE, Ark. — Wal-Mart Stores Inc. says its Canadian stores gained market share against rivals during its fiscal second quarter.