National Business

CALGARY — Crescent Point Energy Corp. hiked its quarterly dividend by more than 40 per cent Thursday and said it will soon be in a position to increase shareholder returns even more when it hits its net debt target likely later this year.

One of Canada's biggest retailers is using customer data mined through its loyalty program and credit cards to drive sales and counter the potential demand impact of rising prices. Canadian Tire Corp. Ltd.

BERLIN — The U.N.’s top human rights body has overwhelmingly passed a resolution calling on its investigators to specifically look into possible rights abuses and violations in northern Ukraine shortly after Russia’s invasion.

Ayanna Inniss believes the co-op movement could be part of the solution to this country's housing affordability crisis.

ST. JOHN'S, N.L. — With a new report saying full power from Newfoundland and Labrador's Muskrat Falls hydro project is at least a year away, the head of the province's Crown energy corporation says there's a backup plan in place.

DETROIT (AP) — Mercedes-Benz is telling the owners of more than 292,000 vehicles in the U.S. to stop driving them due to a problem that could cause the brakes to fail.

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked up to 5.3% from 5.

TORONTO — Brookfield Asset Management Inc. says it will spin off its asset management business into a separate publicly listed company.

WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.

HELSINKI (AP) — Finland’s leaders said Thursday they’re in favor of rapidly applying for NATO membership, paving the way for a historic expansion of the alliance that could deal a serious blow to Russia as its military struggles with its war in Ukrai