National Business

NEW YORK (AP) — Wall Street closed higher, led by excitement around tech stocks and a surge for Facebook’s parent company, Meta Platforms. The S&P 500 rose 1.5% Thursday, a day after hitting its highest level since the summer.

MONTREAL — Dairy giant Saputo Inc. has announced sweeping changes to its U.S. operations, saying it will permanently close three facilities, build a new packaging facility and expand string cheese operations.

TORONTO — Nestle Canada's decision to pull its pizza and frozen meals from Canada over the next six months could leave a gap in supermarket freezers, a food expert says.

VANCOUVER — The Real Estate Board of Greater Vancouver says January home sales were more than halved from the year before and down 21 per cent from December.

Less than a month after laying off 300 workers, Lightspeed Commerce Inc.'s chief executive says his company has plans to hire between 150 and 200 more staff.

LONDON (AP) — The Bank of England announced another “forceful” increase in interest rates Thursday, saying it was too soon to declare victory against inflation that has slowed slightly but is still fueling a cost-of-living crisis, public-sector strik

VerticalScope said it's laying off around 60 employees, or 22 per cent of the company's workforce.

Canada Goose Holdings Inc. cut its annual revenue and profit forecasts on Thursday as COVID-19 related disruptions in China and slowing momentum in North America curtailed the luxury parka maker's sales in its biggest quarter of the year.

MONTREAL — Telecom giant BCE Inc. is starting to wind down a surge of infrastructure spending as it readies to flex both its improved network and increased capital room to attract more customers.

LONDON (AP) — Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine . London-based Shell Plc posted adjusted earnings of $39.