National Business

TORONTO — In the fleeting days of the school year, some students will head to class with more than books, lunch and excitement for their impending summer off.

Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market.

CAMBRIDGE, Ont. — ATS Corp. reported a fourth-quarter profit of $29.6 million, down from $39.9 million a year ago, as its revenue rose more than 20 per cent.

OTTAWA — Canada's financial intelligence agency is warning that Russians subject to economic sanctions due to Moscow's attack on Ukraine could try to evade them using shell companies, cryptocurrency and real-estate transactions.

HELENA, Mont. (AP) — Montana became the first state in the U.S. to enact a complete ban on TikTok on Wednesday when Republican Gov.

WASHINGTON — Michigan joined the Line 5 legal fray unfolding just across state lines Wednesday as lawyers for Enbridge Inc. and an Indigenous band prepared to square off over whether the controversial cross-border pipeline should be shut down.

MONTREAL — No sign of a breakthrough emerged in talks between WestJet and its pilots Wednesday, as the company's CEO deemed the union's expectations unrealistic while the Air Line Pilots Association slammed the airline for trying to 'publicly villain

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,296.43, up 54.36): Suncor Energy Inc. (TSX:SU). Energy. Up 53 cents, or 1.40 per cent, to $38.49 on 13.0 million shares.

TORONTO — Canada's main stock index posted a small gain Wednesday as strength in energy stocks helped offset weakness in other areas, while U.S. markets rose more than one per cent.

NEW YORK (AP) — Wall Street rose along with hopes that the U.S. government can avoid a default on its debt. The S&P 500 rose 1.2% Wednesday. The Dow added 408 points, also 1.2%.