National Business

TORONTO — Canada's main stock index more than recovered Wednesday's losses as it gained more than one per cent in trading Thursday, while U.S. markets also rebounded. The S&P/TSX composite index was up 201.79 points at 19,485.89.

TORONTO — Sunwing Vacations Inc. is sending out dozens of recovery flights this week to bring home thousands of passengers stranded in Mexico after winter storms disrupted its operations.

CALGARY — TC Energy Corp. says it has restarted the southern extension of its Keystone pipeline after repairing a Dec. 7 leak that led to the worst oil spill in the pipeline's history.

TORONTO — Small business owners have a slightly better outlook on the year ahead than a month ago but their short-term outlook has worsened, the latest survey results from the Canadian Federation of Independent Business (CFIB) said.

DALLAS (AP) — Southwest Airlines said it expects to return to normal operations Friday after slashing about two-thirds of its schedule in recent days, including canceling another 2,350 flights Thursday.

The Competition Bureau has approved the acquisition of Resolute Forest Products Inc. by Domtar Corp., a wholly-owned subsidiary of the Paper Excellence Group.

As 2022 comes to a close and the cost of living continues to climb, many Canadians are looking for ways to cut back on spending — and some are looking to trim down on subscriptions.

CALGARY — Suncor Energy Inc. says its Colorado refinery is offline following mutliple fires and it expects it to be out of commission until late March.

WASHINGTON (AP) — The number of people seeking unemployment benefits rose only slightly last week with the labor market remaining strong despite the Federal Reserve's efforts to cool the economy and hiring.

PHNOM PENH, Cambodia (AP) — A massive fire at a Cambodian hotel casino that lasted more than 12 hours killed at least 19 people and injured more than 60, while other victims were apparently not yet accounted for Thursday.