National Business

SACRAMENTO, Calif. (AP) — A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov.

BRUSSELS (AP) — European Union leaders endorsed a plan Thursday for sending Ukraine 1 million rounds of artillery ammunition within the next 12 months to help the country counter Russia’s invasion forces.

MONTREAL — BRP Inc. rode runaway powersport vehicle sales to a major jump in earnings last quarter, a better-than-expected performance the company says paves the way for further growth this year.

HALIFAX — Nova Scotia Finance Minister Allan MacMaster tabled the province's 2023-24 budget Thursday, with a heavy focus on health. Some highlights: — The $14.4-billion budget — with an estimated $278-million deficit — includes $6.

RALEIGH, N.C.

EDMONTON — Crumbl Cookies says it plans to open its first Canadian store later this month.

GENEVA (AP) — The Swiss central bank hiked its key interest rate Thursday and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.

The labor market continues to defy Federal Reserve attempts to cool hiring, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels. Jobless claims in the U.S.

LONDON (AP) — The Bank of England focused on fighting inflation, announcing an 11th consecutive interest rate increase Thursday despite concerns about the economic fallout from troubles in the global financial system .

TOKYO (AP) — Asian shares were mostly lower Thursday after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching hikes to interest rates.