National Business

TORONTO — Roots Corp. beat expectations as it capped a strong 2021 with net profits increasing 47 per cent in the fourth quarter. The Toronto-based clothing retailer says it earned $18.

TORONTO — Talk of an upcoming recession is raising angst after a closely watched indicator flashed a warning sign, but experts say it could be a needed spark for investors to take a more active look at their portfolios.

MONTREAL — Richelieu Hardware Ltd. posted a higher profit in its latest quarter amid a sharp rise in sales as the company added three new acquisitions to its network.

TORONTO — Roku is adding CTV channels to the offerings on its streaming device. After several years of holding out, CTV's owner Bell Media struck an agreement with Roku Inc.

WATERLOO, ONTARIO — BlackBerry Ltd. says it has reached a deal to settle a drawn-out class action lawsuit alleging the company defrauded shareholders by making misleading claims about its BlackBerry 10 smartphones.

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims fell by 5,000 to 166,000 for the week ending April 2, the Labor Department reported Thursday.

VANCOUVER — Air Canada says it is suspending flights between Vancouver and Delhi this summer due to the difficulties of avoiding Russian and Ukrainian airspace.

ANDRIIVKA, Ukraine (AP) — The mayor of the besieged port city of Mariupol put the number of civilians killed there at more than 5,000 Wednesday, as Ukraine collected evidence of Russian atrocities on the ruined outskirts of Kyiv and braced for what c

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,788.60, down 142.23 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 17 cents, or 0.6 per cent, to $26.67 on 10.

TORONTO — Canada's main stock index slid to a nearly three-week low as minutes from the last Federal Reserve meeting reinforced fears that aggressive moves to fight inflation will prompt an economic slowdown.