National Business

TORONTO — Canada's main stock index rose nearly 140 points Tuesday, led by strength in technology stocks, while U.S. stock markets also climbed. The rally was led by technology stocks, with the Nasdaq rising 1.6 per cent.

NEW YORK (AP) — Stocks rallied for a second straight day on Wall Street, softening what’s been a rough April. The S&P 500 added 1.2% Tuesday to pull further out of the hole created by a six-day losing streak.

ABBOTSFORD, B.C. — The British Columbia government is contributing up to $25 million toward the expansion of a milk production plant aimed at boosting the supply of locally sourced food.

The U.S. Supreme Court appeared to side with Starbucks Tuesday in a case that could make it harder for the federal government to seek injunctions when it suspects a company of interfering in unionization campaigns .

HALIFAX — The current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million, the head of Nova Scotia’s private power utility said Tuesday.

ST. JOHN'S, N.L. — Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador. The U.S. tech company says its services will be available throughout the Avalon Peninsula with St.

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings.

DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

TORONTO — Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people.

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period.