National Business

RALEIGH, N.C.

Canadian retail chain Zellers marked its official comeback on Thursday with the opening of a dozen stores in Ontario and Alberta and new website.

EDMONTON — Crumbl Cookies says it plans to open its first Canadian store later this month.

TORONTO — Investing in private markets, once the exclusive domain of institutions and the ultra-rich, is getting increasingly accessible to the public.

NEW YORK (AP) — Stocks are opening higher as some stability returns to Wall Street following a couple days and weeks of sharp swings. The S&P 500 was up 0.9% early Thursday. The Dow and the Nasdaq also rose. Treasury yields were mixed.

GENEVA (AP) — The Swiss central bank hiked its key interest rate Thursday and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.

The labor market continues to defy Federal Reserve attempts to cool hiring, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels. Jobless claims in the U.S.

MONTREAL — Bombardier Inc. is raising its financial objectives for 2025. The aircraft maker says the upgrade is based on strong business execution and fundamentals. Bombardier, which keeps its books in U.S.

LONDON (AP) — The Bank of England focused on fighting inflation, announcing an 11th consecutive interest rate increase Thursday despite concerns about the economic fallout from troubles in the global financial system .

VALCOURT, Que. — BRP Inc. reported a fourth-quarter profit of $365.1 million, up from $209.6 million a year earlier, as its revenue rose 31 per cent to a record high. The Ski-Doo and Sea-Doo maker says its profit amounted to $4.