National Business

WASHINGTON — Wages and benefits grew quickly for U.S. workers in the first three months of the year, a sign that businesses are starting to offer higher pay to fill newly-opened jobs. U.S. workers’ total compensation rose 0.

MONTREAL — Bell has signed a deal to buy the promoter of the Formula 1 Canadian Grand Prix in a move it says will bring financial stability to the race. Financial terms of the agreement for Montreal's Octane Racing Group Inc.

Economists say the Canadian dollar is at a 'sweet-spot' after rising for seven straight days to top 81 cents US, a point where it benefits consumers but doesn't hurt businesses too much. The loonie traded for 81.

TORONTO — A group of small business owners and advocates says Ontario's recently announced paid sick leave plan is "inadequate and unfair" for small businesses.

TORONTO — Fairfax Financial Holdings Ltd. says it swung to an US$806-million profit attributable to shareholders in the first quarter on an increase in premiums as it donates millions of dollars to help India deal with increase in COVID-19 cases.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,255.92, down 101.03 points.) Royal Bank of Canada. (TSX:RY). Financials. Up 37 cents, or 0.31 per cent, to $118.11 on 9.

CALGARY — Baytex Energy Corp. is increasing its 2021 capital budget and production guidance as it reports a smaller first-quarter net loss due to strengthening crude oil prices.

TORONTO — A supportive environment bolstered U.S. stock markets and Canada's main stock index dipped on lower metals prices, while the loonie increased for a seventh-straight day to top 81 cents US. "Strong U.S.

WASHINGTON — Powered by consumers and fueled by government aid, the U.S.

WASHINGTON — The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.