National Business

OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to register with the agency as a foreign money services business.

From certified financial planners to wealth managers, chartered professional accountants to money coaches, there are no shortage of people out there providing financial advice and services.

VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago. The telecommunications company says it will now make a quarterly payment to shareholders of 38.

TORONTO — Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.

NEW YORK (AP) — Stocks are drifting again on Wall Street. The S&P 500 was little changed early Thursday, the Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite was up 0.1%.

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor market may be softening.

TORONTO — Cineplex Inc. reported a profit in its latest quarter compared with a loss a year ago as its results were boosted by the sale of its arcade game business. The movie theatre company says it earned $5.

LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards imminently as inflation falls towards its target.

TORONTO — A book about the legal implications of developing outer space has won the $60,000 Donner Prize.

LOS ANGELES (AP) — A former top executive for major Las Vegas casinos was sentenced to a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.