National Business

MISSISSAUGA, Ont. — Air cargo company Cargojet Inc. reported a first-quarter profit of $30.5 million as its revenue edged lower to start the year.

Grand & Toy invented next-day delivery, so the story goes.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Some of Canada's largest cities will release their home sales figures for April this week.

ALEXANDRIA, Va. (AP) — A federal judge on Friday rejected a motion from Google to toss out the government's antitrust case against it. U.S.

WASHINGTON (AP) — The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and said the industry needs stricter policing on multiple fronts to prevent

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,636.54, up 113.90): TC Energy Corp. (TSX:TRP). Energy. Up $1.18, or 2.14 per cent, to $56.31 on 11.6 million shares.

TORONTO — Canada's main stock index gained more than 100 points Friday on strength in the energy sector, while U.S. indexes also rose to cap off a volatile week in North American markets. The S&P/TSX composite index was up 113.

Canada's industry minister vowed to step in if Canada's major telecom providers don't reach an agreement to ensure wireless service is available for all riders on Toronto's subway system.

NEW YORK (AP) — Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48.

TORONTO — Ritual is going to begin charging consumers a fee for every order they place on the food pickup platform. The Toronto-based technology company says users will be charged between 15 and 99 cents for orders under $30 and $1.