National Business

WASHINGTON (AP) — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate.

TORONTO — Constellation Software Inc. reported a fourth-quarter profit of US$152 million, up from $124 million a year earlier, as acquisitions helped its revenue grow. The company, which keeps its books in U.S.

VATICAN CITY (AP) — The Vatican on Thursday responded to Indigenous demands and formally repudiated the “Doctrine of Discovery,” the theories backed by 15th-century “papal bulls” that legitimized the colonial-era seizure of Native lands and form the

TOKYO (AP) — Asian shares were mixed Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks eased further.

NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise .

REGINA — The Saskatchewan government is to spend up to $6 million to send patients to Calgary for hip and knee surgeries, a move that has irked the province’s largest health-care union.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,837.65, up 180.12): TC Energy Corp. (TSX:TRP). Energy. Up $1.24, or 2.36 per cent, to $53.86 on 15.2 million shares.

TORONTO — Canada's main stock index rose almost one per cent Wednesday amid broad-based strength while U.S. markets also posted strong gains. “It’s a rather benign day,” said Craig Fehr, investment strategist at Edward Jones.

WASHINGTON (AP) — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference.

Small business owners are praising a measure in the federal budget to lower credit card interchange fees, but some industry representatives argued the move will do little to save costs for consumers.