National Business

MONTREAL — TFI International Inc. says its net income for the first quarter was US$92.8 million, down from US$111.9 million a year earlier. The Montreal-based transportation and logistics company says revenue totalled US$1.87 billion, up from US$1.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,885.38, up 11.66 points): Canadian Imperial Bank of Commerce. (TSX:CM). Finance. Down 40 cents, or 0.61 per cent, to $64.76 on 14.

TORONTO — Canada's main stock index eked out a gain Thursday thanks to energy and base metals, while U.S. stock markets fell, though they managed to pare back deeper losses from the morning.

MONTREAL — Under the wing of a new logo, Bombardier Inc. said it lengthened its order book last quarter even as global demand for business jets idles. The company grew its first-quarter backlog by five per cent year-over-year to US$14.9 billion.

EDMONTON — Alberta is appealing a judge's ruling that ordered the release of internal documents on coal mining in the province's Rocky Mountains, says the lawyer for ranchers seeking the information.

WASHINGTON (AP) — The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.

NEW YORK (AP) — Stocks closed lower on worries about a potentially toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy’s growth flags.

HALIFAX — A string of recent arrests for illegal fishing is an early sign the federal government has increased enforcement since it closed the baby eel fishery, says one Nova Scotia commercial fisher.

CALGARY — The completion of the Trans Mountain pipeline expansion is leading to a boom in demand for drilling services, said Precision Drilling chief executive Kevin Neveu.

Tim Hortons is considered part of the fabric of Canada, but long before the chain became synonymous with the country, it had humble beginnings as a coffee and doughnut shop. As the company turns 60 in 2024, this is a look back at its history.