National Business

CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.

CALGARY — Pembina Pipeline Corp. says it earned $439 million in the first quarter, up from $369 million a year earlier. The Calgary-based company says its revenue for the quarter ended March 31 was $1.54 billion, down from $1.

Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,375.83, up 116.67 points): Enbridge Inc. (TSX:ENB). Energy. Down one cent, or 0.02 per cent, to $51.14 on 12.3 million shares.

TORONTO — Canada's main stock index rose to a new record high, led by strength in energy, telecom and base metals, while U.S. markets also moved higher. The S&P/TSX composite index closed up 116.67 points at 22,375.83.

MONTREAL — WSP Global expects to continue its acquisition spree after snapping up several more companies in the first part of the year.

NEW YORK (AP) — U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April. The index climbed 0.5% Thursday. The Dow Jones Industrial Average rose 0.8%, and the Nasdaq composite gained 0.3%.

Quebecor Inc. chief executive Pierre Karl Péladeau is blaming the federal telecommunications regulator as his company reconsiders part of its mobile expansion plans.

TORONTO — The ongoing battle between Drake and Kendrick Lamar is playing out in superspeed on social media platforms and streaming services, exemplifying how modern technology amplifies and accelerates the competition at the heart of hip-hop culture.

Police have made an additional arrest in a heist of nearly $24 million in gold and cash from Toronto's Pearson airport a year ago. Peel regional police say a 36-year-old man from Brampton, Ont.