National Business

WASHINGTON — The U.S. economy is quickly strengthening, inflation is showing signs of picking up and the nation is making progress toward defeating the viral pandemic.

CALGARY — Vermilion Energy Inc. says it beat its own guidance for production in the first quarter as net income jumped to $500 million from a net loss of $1.3 billion in the same period of 2020.

TORONTO — Canada's main stock index set a record high midweek on renewed optimism for a rapid economic recovery that pushed the loonie to its strongest level in more than three years.

Shopify Inc. executives believe the shift toward online sales triggered by the COVID-19 pandemic is here to stay.

On a spring day 21 years ago, Yvette Mitchell walked into Hudson’s Bay Co.'s flagship department store in downtown Toronto with a resume. She loved fashion and wanted to work on the third floor — the epicentre of women's designer clothing in Canada.

CALGARY — In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn't been granted access to its target's data room despite its takeover offer made Feb.

The third wave of the pandemic has pushed some restaurants into taking an intentional break ahead of patio season while provinces remain under tight COVID-19 restrictions to keep the virus spread under control.

VANCOUVER — Copper prices that have surged to 10-year highs in recent days are driving potential partners to eagerly line up to help Teck Resources Ltd. fund its portfolio of eight proposed copper mining projects, CEO Don Lindsay said Wednesday.

Boeing Co. reported a wider than expected first-quarter loss on Wednesday and took another charge on its program to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work.

NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way, the bill may be coming due for the nation's wealthiest investors.