Skip to content

National Business

A's, Nevada leaders reach tentative ballpark agreement

A's, Nevada leaders reach tentative ballpark agreement

CARSON CITY, Nev. (AP) — Republican Nevada Gov.
Read more >
U.S. will not default, but Republicans won't be to blame if it does, McCarthy says

U.S. will not default, but Republicans won't be to blame if it does, McCarthy says

WASHINGTON — The United States won't go into default on its debt, House Speaker Kevin McCarthy predicted Wednesday — but the highest-ranking Republican on Capitol Hill also said it won't be his fault if it does.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,927.69, down 218.32): Manulife Financial Corp. (TSX:MFC). Finance. Down 57 cents, or 2.23 per cent, to $25.02 on 12.
Read more >
S&P/TSX composite down more than 200 points, U.S. stock markets also lower

S&P/TSX composite down more than 200 points, U.S. stock markets also lower

TORONTO — Canada's main stock index was down more than 200 points Wednesday, with financials, metals and industrials leading the decline, while U.S. stock markets also retreated as debates over the country's debt ceiling remained unresolved.
Read more >
BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

TORONTO — Weakening economic conditions weighed on Canadian banks as they began to report second quarter results Wednesday.
Read more >
AI guru Yoshua Bengio says regulation too slow, warns of 'existential' threats

AI guru Yoshua Bengio says regulation too slow, warns of 'existential' threats

MONTREAL — Artificial intelligence pioneer Yoshua Bengio says regulation in Canada is on the right path, but progress is far too sluggish.
Read more >
A June pause in rate hikes would be a close call for Fed officials, minutes of last meeting show

A June pause in rate hikes would be a close call for Fed officials, minutes of last meeting show

WASHINGTON (AP) — Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in June, according to the minutes of their May 2-3 meeting released Wednesday.
Read more >
Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing

Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing

NEW YORK (AP) — Target is removing some items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month after intense backlash from some customers who confronted workers and tipped over displays.
Read more >
CPP Investments reports 1.3 per cent return for its latest fiscal year

CPP Investments reports 1.3 per cent return for its latest fiscal year

TORONTO — The Canada Pension Plan Investment Board is bracing for headwinds in the event of a recession but said a wide range of investments makes it well-positioned for uncertain economic conditions.
Read more >
Cirque du Soleil and Gamefam to launch Roblox experience as part of next-gen push

Cirque du Soleil and Gamefam to launch Roblox experience as part of next-gen push

MONTREAL — Cirque de Soleil Entertainment Group is joining forces with metaverse game developer Gamefam to create an online gaming experience on Roblox.
Read more >