National Business

TORONTO — Thomson Reuters Corp. reported lower profits but a rise in revenue in its first quarter as it also modestly raised its expectations for revenue growth for the year. The company says it now expects total revenue growth for 2024 of between 6.

NEW YORK (AP) — The final cost of the New York Mets’ sorry 2023 season has been totaled: $420 million. Major League Baseball finalized its payroll figures for last year, and the Mets finished at a record $319.5 million.

VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in April rose 3.3 per cent from the previous year, but total sales were still well below the 10-year average for the month.

Investors considering where to park their money have a choice: go with a traditional financial adviser or trust in an algorithm.

MONTREAL — The union representing 1,300 workers at Airbus Canada says they have ratified a new five-year contract.

A signature carbon capture and storage project in Saskatchewan continues to miss emissions reduction goals, raising questions about the cost-effectiveness of the technology, says a report.

WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably t

As Gildan Activewear Inc. executives continued to argue with its top shareholders over who should lead the company, which is open to a sale, the business reported its earnings fell almost 20 per cent in its first quarter.

VANCOUVER — London Drugs says its phone lines are working again after being taken offline in response to a cybersecurity incident. A statement from the Richmond, B.C.

Employees at Canada's two biggest railways have authorized a strike that could see thousands of workers walk off the job in three weeks if they are unable to reach new deals on contract demands. About 6,000 employees at Canadian National Railway Co.