National Business

ANKARA, Turkey (AP) — Authorities on Wednesday detained four people in connection with a massive landslide that engulfed a gold mine in eastern Turkey, leaving at least nine workers missing, Turkish state media reported.

TORONTO — Spin Master Corp. says revenue during its latest quarter, which covered the key holiday season, was up 7.9 per cent from a year earlier, but the company's revenue for its fiscal 2023 overall were down 5.

Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors’ auto-trading algorithms — or “bots” — into a buying frenzy.

TORONTO — Power Corp. of Canada has hired veteran Scotiabank executive Jake Lawrence as its next chief financial officer.

NEW YORK (AP) — Stocks are clawing back some of their sharp losses from the day before, as conditions calm a bit on Wall Street. The S&P 500 was 0.6 % higher in early trading Wednesday. It had tumbled 1.

VANCOUVER — Boston Pizza Royalties Income Fund raised its monthly payment to unitholders as it reported a fourth-quarter profit of $5.2 million. The fund says it will now pay a monthly distribution of 11.3 cents per unit, up from 10.7 cents per unit.

ISTANBUL (AP) — A huge landslide hit a gold mine in eastern Turkey on Tuesday, trapping at least nine workers underground, officials said. The landslide at the Copler mine happened at 2:30 p.m.

A flurry of holiday sales saw Shopify Inc. end 2023 with strong revenue growth and profits even as consumers continued to grapple with inflation.

VANCOUVER — The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023, while prices were also up.

A Federal Court ruling Tuesday has thrown out a decision from federal Environmental Minister Steven Guilbeault denying a permit for an open-pit coal mine in the Alberta Rockies.