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S&P/TSX composite rises almost 300 points, U.S. stock markets also rally

S&P/TSX composite rises almost 300 points, U.S. stock markets also rally

TORONTO — Canada's main stock index gained almost 300 points on a broad-based rally led by base metal stocks as the price of oil reached US$90 per barrel, while U.S. stock markets also rose.
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Stock market today: Wall Street climbs as stocks worldwide rise

Stock market today: Wall Street climbs as stocks worldwide rise

NEW YORK (AP) — Stocks rose on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too. The S&P 500 climbed 0.8% Thursday. The Dow rose 331 points and the Nasdaq composite added 0.8%.
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Last defendant sentenced in North Dakota oil theft scheme

Last defendant sentenced in North Dakota oil theft scheme

The last of four men charged in a scheme to steal millions of dollars worth of crude oil in western North Dakota has been sentenced.
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WestJet union should apologize for trying to 'silence' free speech, Poilievre says

WestJet union should apologize for trying to 'silence' free speech, Poilievre says

OTTAWA — Conservative Leader Pierre Poilievre says the union representing WestJet cabin crew should apologize for trying to silence free speech.
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Grocer Empire reports Q1 profit and sales up from year ago

Grocer Empire reports Q1 profit and sales up from year ago

STELLARTON, N.S. — Empire Co. Ltd. earned $261.0 million in its latest quarter, up from $187.5 million in the same quarter last year, boosted by the sale of its 56 gas stations in Western Canada to Shell Canada, the grocer said Thursday.
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Major life insurers taking steps, but falling short on climate action: report

Major life insurers taking steps, but falling short on climate action: report

TORONTO — A new report from an advocacy group finds two of Canada's biggest insurers are taking steps toward climate action, but still have a ways to go. The report from Investors for Paris Compliance says climate action from Sun Life Financial Inc.
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Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B

Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B

Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. WT Microelectronics Co.
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Retail sales rise 0.6% in August largely due to a spike in gas prices

Retail sales rise 0.6% in August largely due to a spike in gas prices

NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.
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U.S. benchmark oil price tops US$90 a barrel for first time since November 2022

U.S. benchmark oil price tops US$90 a barrel for first time since November 2022

TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.
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Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk

Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk

BRUSSELS (AP) — Kosovo and Serbia on Thursday failed yet again to make progress in talks aimed at improving their long-strained relations , and the European Union’s top diplomat warned that the lack of progress could hurt their hopes of joining the b
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