National Business

CALGARY — Calfrac Well Services Ltd. reported a first-quarter profit of $7.8 million compared with a loss of $2.9 million a year earlier as its revenue rose 12 per cent.

WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S.

NEW YORK (AP) — Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

For four generations, the family behind Winnipeg garment maker Freed & Freed International has worked with the fabric of our nation, crafting police regalia like the scarlet tunics worn by the RCMP and uniforms for Canada's Olympic teams.

VICTORIA — B.C. Premier David Eby said a trade mission to Asia next month will help the province become the "engine of a new Canada," but an economist says B.C. also needs to take steps at home to become more competitive.

HALIFAX — The Nova Scotia government added uranium to its list of priority critical minerals on Wednesday and issued a request for exploration proposals at three sites the province says have known deposits of the heavy metal.

TORONTO — The number of tariff-hit products at the grocery store could soon spike as pre-tariff inventory runs out, said Loblaw Cos. Ltd. chief executive Per Bank, which means prices for some items will go up too.

CALGARY — The chief executive of Atco Ltd. says discussions around Alberta secession are already hurting the investment climate.

TORONTO — Canada's main stock index made modest gains Wednesday while U.S. markets were mixed as investors weighed what might come next in trade disputes.