National Business

BOSTON (AP) — A former private equity executive who cofounded an investment fund with U2′s Bono was sentenced Wednesday to three months in prison for his role in the college admissions bribery scheme. William McGlashan, Jr.

RALEIGH (AP) — State and federal officials are scrambling to find alternate routes to deliver gasoline in the Southeast U.S.

TORONTO — Freshii Inc. has recorded a million-dollar loss in its first quarter as many of its restaurants remain temporarily closed due to COVID-19. The Toronto-based company reported a net loss of $1.

BENI, Congo (AP) — When Shekinah was working as a nurse’s aide in northeastern Congo in January 2019, she said, she was offered a job from a World Health Organization doctor at double her salary — in exchange for sex.

CALGARY — Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.

LONDON (AP) — British singer Dua Lipa called for a “fair” pay raise for U.K. health workers as she was named a double winner at the Brit Awards in London on Tuesday night.

TORONTO — A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work. The report from U.S.

NEW YORK (AP) — The Metropolitan Opera reached a tentative agreement Tuesday on a four-year contract with the American Guild of Musical Artists, one of three major labor deals needed for the New York company to resume performances in September.

TORONTO — TMX Group Ltd. is boosting its dividend by 10 per cent after reporting strong first-quarter results stemming from robust capital markets activity.

TORONTO — Kinross Gold Corp. says its net income attributable to shareholders surged in the first quarter due to higher price for the precious metal. The Toronto-based miner says it earned US$149.