National Business

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool agai

CALGARY — Environmental organizations, a northern Alberta First Nation and a group of concerned landowners are asking the Alberta Energy Regulator to conduct a full-scale environmental impact assessment of the oilsands' industry's massive proposed ca

TORONTO — Hydro One Ltd. raised its quarterly dividend as it reported its first-quarter profit rose compared with a year earlier, helped by higher revenue. The power utility says it will pay a quarterly dividend of 31.42 cents per share, up from 29.

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WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year.

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March.

TORONTO — Hudbay Minerals Inc. reported a first-quarter profit of US$18.5 million, up from US$5.5 million a year ago, as its revenue rose nearly 80 per cent. The Toronto-based mining company, which keeps its books in U.S.

WARSAW, Poland (AP) — Two miners were killed and one remains missing after a cave-in at the Myslowice-Wesola coal mine in southern Poland early Tuesday in which 12 other miners were hurt, mining authorities said Tuesday.

TORONTO — You would be forgiven for thinking Christina Lauren's latest romance novel stars a hunky reimagining of Loblaw chairman Galen G. Weston.

VANCOUVER — The B.C. government has introduced legislation that would allow the City of Vancouver to limit rent increases for new tenants in its poorest neighbourhood, the Downtown Eastside.