National Business

MONTREAL — Cogeco Inc. reported its first-quarter profit fell compared with a year earlier as its revenue also edged lower. The company reported a profit attributable to owners of the corporation of $34.5 million or $2.

NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or e

Executives at Aritzia Inc. are leaning on a slew of new and upcoming stores to help boost business in its upcoming fiscal year.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,989.42, up 18.44 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.17, or 1.41 per cent, to $81.90 on 8.4 million shares.

TORONTO — Canada's main stock index eked out a gain Wednesday, weighed down by weakness in energy and metals, while U.S. markets rose ahead of the much-anticipated inflation data coming Thursday, and the start to earnings season on Friday.

NEW YORK (AP) — Wall Street neared a record high ahead of a highly anticipated report on inflation, which could show whether all the excitement that’s vaulted stocks higher recently is warranted. The S&P 500 rose 0.6% Wednesday and is just 0.

VANCOUVER — Canadians have until later today to opt out of a class-action lawsuit that could see Apple pay up to $14 million collectively to some iPhone users. The class action filed in 2018 against defendants Apple Inc. and Apple Canada Inc.

The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc.

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit.

WASHINGTON — The U.S. army says Bombardier Inc. has won a contract to supply up to three Global 6500 business jets for conversion into a spy plane prototype.