National Business

LAVAL, Que. — Bausch Health Companies Inc. stock plummeted by a quarter Tuesday morning after the company missed earnings expectations and lowered its outlook for the year. The plunge of $4.04, or 24.08 per cent, to $12.

LONDON (AP) — Britain’s Conservative government set out its agenda for the next year on Tuesday with sweeping promises to cut crime, improve health care and revive the U.K.

In early April, Kelsey Cruz did what many are doing at this time of low unemployment and high demand for talent, she left a job she loved for another that promised her new challenges and a higher salary.

CALGARY — The Canadian Association of Energy Contractors is raising its forecast for oil and natural gas drilling following what it said was a robust first quarter due to stronger than expected oil and gas prices.

MARKHAM, Ont. — Pet Valu Holdings Ltd. reported first-quarter profit of $22.6 million, up from $3.4 million a year ago, and raised its full-year revenue outlook.

TORONTO — Wattpad Corp.'s founder says he is stepping away from his chief executive officer role about a year after the company was acquired by a South Korean internet conglomerate.

TORONTO — George Weston Ltd. raised its dividend by 10 per cent as it reported a profit attributable to shareholders in its latest quarter compared with a loss a year ago. The company, which owns large interests in Loblaw Companies Ltd.

BARCELONA, Spain (AP) — Spain's government fired the director of the country's top intelligence agency Tuesday following the hacking of politicians’ cellphones, including the devices of the prime minister and several supporters of the Catalonia regio

TOKYO (AP) — Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game and movie divisions. Tokyo-based Sony Corp.

CALGARY — Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher.