National Business

NEW YORK (AP) — Shares of Tesla rose sharply Monday after the electric car maker announced its second stock split in less than two years.

BEIJING (AP) — China began its most extensive lockdown in two years Monday to conduct mass testing and control a growing outbreak in Shanghai as questions are raised about the economic toll of the nation's “zero-COVID” strategy.

DUBAI, United Arab Emirates (AP) — A troubled Dubai real estate developer said Monday it suspected that $42 million had been “misappropriated” by the company's former officials while declaring it massively overvalued its holdings.

CALGARY — Cryptocurrency has been described by some observers as a "Wild West," so it's no surprise that of all Canadian provinces, Alberta is the one that has set its sights on becoming a North American hub for the maverick industry.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Budget date? Observers will be watching Finance Minister Chrystia Freeland for a date for the upcoming federal budget.

The 94th Academy Awards are right around the corner with just enough time to squeeze in watches of some of the 10 best picture nominees before the lights go down in the Dolby Theatre.

SALT LAKE CITY (AP) — GOP lawmakers in Utah pushed through a ban on transgender youth athletes playing on girls teams Friday, overriding a veto and joining 11 other states with similar laws amid a nationwide culture war. A veto letter from Gov.

MONTREAL — Bombardier Inc. is seeking shareholder approval at its May annual meeting to allow the board of directors to consolidate and reduce the number of outstanding shares.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,005.94, up 68.05 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.20, or 2.9 per cent, to $42.41 on 16.4 million shares.

TORONTO — Further gains in the energy sector powered Canada's main stock index higher for a fifth straight week and raised the loonie to almost 80 cents. The energy sector gained 2.