National Business

TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.

Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said.

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

NEW YORK — TikTok will begin labeling content created using artificial intelligence when it's uploaded from outside its own platform. TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform.

NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

EDMONTON — The Alberta Utilities Commission is fining another electricity generator that powered bitcoin mining for operating without a licence. It's at least the third such fine levied in the province over the last year.

MONTREAL — Quebecor Inc. reported its first-quarter profit was up compared with a year ago, helped by strength in its telecommunications business. The company says its net income attributable to shareholders totalled $173.

TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found.

MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.

TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading. The S&P/TSX composite index was up 151.