National Business

WASHINGTON (AP) — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America's strategic reserve, aiming to bring down gasoline and other costs, in coordination with other major energy consuming nations including

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.

NEW YORK (AP) — Tucker Carlson reached 5.05 million viewers for his Kyle Rittenhouse interview on Monday , the Fox News Channel opinion host's largest audience since the night of the Jan. 6 riot at the U.S. Capitol.

TORONTO — A new report from Canada's Semiconductor Council says the country should form a government-led consortium of chip buyers by 2025 to overcome a global shortage crippling manufacturers and prevent further troubles.

LAVAL, Que. — Alimentation Couche-Tard Inc. is boosting its quarterly dividend by nearly 26 per cent even as its net earnings decreased in its latest quarter despite higher revenues.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,453.77, up 33 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 91 cents, or 2.84 per cent, to $33 on 24 million shares.

MONTREAL — Laurentian Bank of Canada is cutting in half its office space in downtown Montreal, Toronto and Burlington, Ont., as part of its strategic plan that it will unveil in a couple of weeks.

TORONTO — Canada's main stock index snapped a four-day skid as financials rose on higher bond yields and increasing crude oil prices lifted the energy sector. The S&P/TSX composite index closed up 33 points to 21,453.77.

CALGARY — After seven years of layoffs and hard times, employers in Alberta's oilpatch are once again flush with cash and out to lure workers from the Maritimes and other parts of Eastern Canada.

TORONTO — Younger Canadians are checking their credit reports more often than their older counterparts, but still have many misconceptions as to how they work, according to a recent survey.