National Business

OTTAWA — The national unemployment rate was 5.4 per cent in June. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

WINNIPEG — Richardson International Ltd, says it has bought Ragleth Ltd., the parent company of Anglia Maltings (Holdings) Ltd. Financial terms of the deal were not disclosed.

NEW YORK (AP) — Threads, a text-based app built by Meta to rival Twitter, is live. The app, billed as the text version of Meta's photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the U.

TORONTO — The company that owns the Toronto Star is joining other Canadian media companies in pausing all advertising on Facebook and Instagram.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,810.69, down 293.20): Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.76, or 2.12 per cent, to $81.42 on 15.8 million shares.

CHARLOTTETOWN — The company that operates the ferry between Nova Scotia and eastern Prince Edward Island says the MV Confederation will be out of service until at least next week.

MONTREAL — Pulling ads from Facebook could prod Meta toward inking deals with news outlets, though more momentum would be needed to push it over the edge, experts say.

TORONTO — Canada's main stock index was down almost 300 points in a broad-based decline, while U.S. stock markets also fell amid a stronger-than-expected jobs report.

CALGARY — Suncor Energy Inc. says the cyberattack that affected the company's Petro-Canada retail chain also resulted in the leakage of some customer data.

NEW YORK (AP) — Stocks closed lower after reports suggested the U.S. job market remains much more resilient than expected. The S&P 500 fell 0.8% Thursday. The Dow lost 366 points, or 1.1%, and the Nasdaq fell 0.8%.