National Business

CALGARY — Shaw Communications Inc. says it remains committed to its deal to be bought by Rogers Communications Inc. as it reported its fourth-quarter profit rose more than 40 per cent compared with a year ago.

CALGARY — TransAlta Renewables Inc. lowered its financial guidance for this year as it said it has found cracks in several foundations of the turbines at a wind farm in New Brunswick where a tower collapsed earlier this month.

OAKLAND, Calif. (AP) — Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc.

CALGARY — Brookfield Infrastructure Partners L.P. says it has completed the acquisition of Inter Pipeline Ltd. The transaction was approved near unanimously by Inter Pipeline shareholders and received final approval from an Alberta court.

WASHINGTON (AP) — President Joe Biden announced Thursday that he and Democrats in Congress have reached a “historic" framework for his sweeping domestic policy package.

WASHINGTON (AP) — Top executives of ExxonMobil and other oil giants denied spreading disinformation about climate change as they sparred Thursday with congressional Democrats over allegations that the industry concealed evidence about the dangers of

Elon Musk isn't happy. With a personal fortune that is flirting with $300 billion, the Tesla CEO — the richest person on earth — has been attacking a Democratic proposal to tax the assets of billionaires like him.

The term “metaverse" is the latest buzzword to capture the tech industry's imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea.

LONGUEUIL, Que. — Héroux-Devtek Inc. says it has entered into an agreement with aircraft manufacturer Lockheed Martin to develop landing gear for its next generation of defence aircraft.

CALGARY — Suncor Energy Inc. is doubling its dividend and restoring it to pre-pandemic levels as it continues to pay down debt and ramp up production in the wake of higher oil prices. Shares in the Calgary-based oil producer and refiner closed up $3.