National Business

MONTREAL — Metro Inc. reported its second-quarter profit fell compared with a year ago as its sales edged higher. The food and drugstore retailer says it earned $187.1 million or 83 cents per diluted for the 12-week period ended March 16.

TORONTO — Rogers Communications Inc.

OTTAWA — Statistics Canada says retail sales fell 0.1 per cent to $66.7 billion in February, weighed down by lower sales at gasoline stations and fuel vendors. The agency says sales at gasoline stations and fuel vendors fell 2.

WASHINGTON (AP) — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S.

MONTREAL — A stable economic outlook and rising cargo demand bode well for Canadian National Railway Co. this year, executives said, despite the Red Sea crisis dampening container figures on the East Coast.

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.

VANCOUVER — West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier. Earnings per diluted share were 42 cents US, compared with a loss of 52 cents during the same quarter last year.

TORONTO — First Quantum Minerals Ltd. says it lost US$159 million in its first quarter, down from profits of US$75 million a year earlier. However, it's a shallower loss than the US$1.45 billion First Quantum reported in the previous quarter.

GATINEAU, Que. — It's likely that Bunge Ltd.'s US$8.2-billion deal to acquire Viterra Ltd. would "substantially" reduce competition in the grain and canola oil markets, the Competition Bureau says.

TORONTO — The $5-billion announced for an Indigenous loan guarantee program in last week's budget is just a start, said Deputy Prime Minister Chrystia Freeland.