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Stock markets worldwide drop from records as worries about oil prices rattle the bond market
NEW YORK (AP) — The U.S. stock market fell from its records Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market.

Baffinland Iron Mines seeks creditor protection as it weighs strategic alternatives
OAKVILLE — Baffinland Iron Mines Corp. has sought court protection from creditors as it weighs strategic alternatives.

S&P/TSX composite ends more than 400 points lower, U.S. stock markets also fall
TORONTO — Markets in Toronto and New York retreated on Friday as rising global oil prices and fears of higher inflation shook the global bond market.
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