National Business

LEAMINGTON, Ont. — Tilray Brands Inc. posted a steep loss in its most recent quarter despite higher revenue as it recorded a non-cash impairment. The cannabis company posted a net loss of US$457.

TORONTO — At Patti Barnes' North Vancouver home, her five kids tend to the garden, take out the garbage and look after the family pets.

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week's number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.

JetBlue has agreed to buy Spirit Airlines for $3.8 billion in a deal that would create the nation’s fifth largest airline if approved by U.S. regulators.

MEDICINE HAT, ALBERTA, CANADA — Danielle Smith, considered one of the front-runners in the United Conservative Party leadership race, faced sharp criticism Wednesday from debate rivals over her Alberta sovereignty plan and controversial comments on c

WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation .

VANCOUVER — West Fraser Timber Co. Ltd. posted a net profit of US$762 million in its latest quarter as the acute transportation challenges facing the company in recent quarters showed signs of improvement.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,254.56, up 281.88 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 42 cents, or 1.86 per cent, to $22.99 on 8.

TORONTO — Kinross Gold Corp. reported a net loss of US$9.3 million in the second quarter due to a decrease in operating earnings and an increase in income tax expenses. The loss compares with net earnings of US$30.

TORONTO — North American markets ended the trading day in positive territory after a 0.75-point interest rate hike and dovish comments from U.S. Federal Reserve chair Jerome Powell Wednesday sparked a rally in stocks.