National Business

SAN FRANCISCO (AP) — Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform's initial public offering was priced at $34 per share.

LAVAL, Que. — Alimentation Couche-Tard Inc. says net earnings attributable to shareholders totalled US$623.4 million in its third quarter, down 15.5 per cent from US$737.4 million a year earlier. The Laval, Que.-based company, which reports in U.S.

ST. JOHN'S, N.L. — A protest Wednesday that descended into a chaotic confrontation between mounted police officers and fishers outside the Newfoundland and Labrador legislature halted the provincial government's plans to present its latest budget.

WASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street , despite signs that inflation remained elevated at the start of the year.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,045.71, up 185.13 points): TC Energy Corp. (TSX:TRP). Energy. Down 62 cents, or 1.13 per cent, to $54.04 on 24.1 million shares.

TORONTO — U.S. markets got a boost from the Federal Reserve's latest interest rate announcement, moving higher in the afternoon while Canadian markets followed suit. The U.S.

WASHINGTON (AP) — The Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut planet-warming emissions from passenger vehicles.

NEW YORK (AP) — Stocks rallied to more records after the Federal Reserve indicated it’s still likely to deliver the cuts to interest rates this year that Wall Street craves. The S&P 500 rose 0.9% Wednesday.

OTTAWA — The Bank of Canada expects it will be able to begin cutting interest rates sometime this year, but officials are split on timing.

TORONTO — TD Bank Group has signed an agreement with an Indian bank in a bid to attract international students as new customers and make it easier for them to comply with visa requirements.