National Business

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.

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.

CALGARY — Crescent Point Energy Corp. says it plans to change its name to Veren Inc. The company says it will seek shareholder approval for the change at its annual and special meeting of shareholders on May 10.

PORTLAND, Maine (AP) — Maine environmental regulators are set to decide whether the state will join a growing number of states adopting new standards designed to grow the use of electric vehicles.