National Business

Royal Bank of Canada saw a big bump in profits last quarter, propelled by loan growth and higher interest rates at its personal and commercial banking business that defied the housing slump.

Asian superheroes — assemble. Marvel Comics is giving ink to an unprecedented team-up of its mightiest Asian and Asian American heroes, also known as the new Agents of Atlas.

CALGARY — Shell Canada says the Quest carbon capture and storage project north of Edmonton has reached the milestone of four million tonnes of stored carbon dioxide, equivalent to the annual emissions of about one million cars.

DONKIN, N.S. — Nova Scotia's Labour Department has lifted a stop-work order imposed on a Cape Breton coal mine after a methane fire broke out Tuesday afternoon on one rock face.

WASHINGTON — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers.

OTTAWA — Millions of Canadians dig into their wallets and donate to charities every year, but if you want to build a lasting charitable legacy, experts say a donor-advised fund might be for you.

OTTAWA — Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March. Economists had expected an increase of 0.9 per cent, according to Thomson Reuters Eikon.

CHICAGO — CEO Oscar Munoz says he will be aboard United Airlines' first flight of a Boeing 737 Max once regulators agree to let the aircraft fly again. Munoz made the promise after Chicago-based United's annual meeting with shareholders Wednesday.

TORONTO — Postmedia Network Inc. plans to buy a minority stake in The Logic Inc. — a digital-only Canadian media outlet with a mandate to break tech-focused news through investigative journalism, the two companies announced Wednesday.

TORONTO — Canada's main stock index fell Wednesday on declines in three of its most influential sectors and ongoing concerns about the trade dispute between the U.S. and China. The S&P/TSX composite index closed down 99.12 points at 16,327.