National Business

NEW YORK (AP) — U.S. stocks drifted to a mixed close as drops for Microsoft and other big-name tech stocks overshadowed gains for much of the rest of Wall Street. The S&P 500 fell 0.

MIAMI (AP) — Lionel Messi has pulled off his latest stunning feat: He is headed to Major League Soccer, and joining Inter Miami.

OTTAWA — After watching to see whether its aggressive rate hike path were enough to quash inflation, the central bank has opted to raise interest rates again — fuelling speculation that another rate hike is in the cards for July.

TORONTO — The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it's been since April 2001.

TORONTO — Rogers Communication Inc.

MONTREAL — The Public Sector Pension Investment Board says it earned a 4.4 per cent return for its most recent financial year as it faced a challenging market environment. The investment manager says net assets under management grew to $243.

MONTREAL — Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.

OTTAWA — The Bank of Canada raised its key interest rate target by a quarter of a percentage point to 4.75 per cent on Wednesday, the first raise since it announced a pause in January.

Lala Kent would like to thank her “Vanderpump Rules” co-stars Tom Sandoval and Raquel Leviss. Since their secret monthslong affair — dubbed “Scandoval” — went public in early March, the Bravo reality show’s heat meter has skyrocketed.

Shopify Inc. says it wants to push back against the trend of companies filing hundreds of patent infringement lawsuits against businesses every year, and is waging a court battle to make its point.