National Business

WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year.

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March.

TORONTO — Hudbay Minerals Inc. reported a first-quarter profit of US$18.5 million, up from US$5.5 million a year ago, as its revenue rose nearly 80 per cent. The Toronto-based mining company, which keeps its books in U.S.

WARSAW, Poland (AP) — Two miners were killed and one remains missing after a cave-in at the Myslowice-Wesola coal mine in southern Poland early Tuesday in which 12 other miners were hurt, mining authorities said Tuesday.

TORONTO — You would be forgiven for thinking Christina Lauren's latest romance novel stars a hunky reimagining of Loblaw chairman Galen G. Weston.

VANCOUVER — The B.C. government has introduced legislation that would allow the City of Vancouver to limit rent increases for new tenants in its poorest neighbourhood, the Downtown Eastside.

SAINT JOHN, N.B. — Arthur L. Irving, the second-born son of New Brunswick industrialist K.C. Irving, has died at the age of 93 after a life spent growing the oil business his father founded.

SAINT-ETIENNE, France (AP) — Storied French soccer club Saint-Étienne said on Monday it was in exclusive talks for a sale to Toronto businessman Larry Tanenbaum.

HALIFAX — A critically endangered North Atlantic right whale has been spotted entangled in fishing gear in the Gulf of St. Lawrence, northeast of New Brunswick's Acadian Peninsula.

TORONTO — Canada's main stock index moved lower Monday while U.S. markets were mixed ahead of major economic data reports coming in the days ahead.