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S&P/TSX composite posts loss Tuesday, U.S. stock markets mixed
TORONTO — Canada's main stock index posted a loss on Tuesday as weakness in energy and industrial stocks led the market lower, while U.S. stock markets were mixed. Markets were digesting testimony before Congress from U.S.
Jul 9, 2024 2:49 PM
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'Too logical to ignore': Maple Leaf to spin off pork business into new public company
MISSISSAUGA, Ont. — This little piggy is going to market. Maple Leaf Foods is spinning off its pork business into a new publicly traded company, the firm announced Tuesday.
Jul 9, 2024 2:29 PM
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Manitoba Hydro names new CEO after parting ways with previous president
WINNIPEG — Manitoba Hydro, the province's Crown-owned energy corporation, has named a new president and chief executive officer to guide the utility through challenges that include a high debt load and a need for new energy production.
Jul 9, 2024 2:24 PM
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Stock market today: Wall Street wavers following congressional testimony from Powell
Stocks closed mixed on Wall Street after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed’s plans on when it might lower interest rates.
Jul 9, 2024 2:09 PM
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Average asking rents reached $2,185 in June as growth slows to seven per cent: report
A new report says the average asking rent for a home in Canada reached $2,185 in June, up seven per cent compared with a year ago despite representing the slowest annual rate of growth in 13 months. The report by Urbanation and Rentals.
Jul 9, 2024 1:56 PM
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Professional football players see parallels between their sport and tech investment
TORONTO — Henoc Muamba didn't have much use for his degree in information systems over the course of his 12-year CFL career. Now that he's retired from playing, he's finally getting to put his education to use.
Jul 9, 2024 12:37 PM
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Residents of Merritt, B.C., told to conserve water as city well has 'major failure'
MERRITT, B.C. — There has been a "major failure" in a well in Merritt, B.C., prompting the city to ask its residents to stop all non-essential water use.
Jul 9, 2024 12:09 PM
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Fed's Powell highlights slowing job market in signal that rate cuts may be nearing
WASHINGTON (AP) — The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed's single-minded fight against inflation of the past
Jul 9, 2024 10:41 AM
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Entropy gives formal go-ahead to second carbon capture project
CALGARY — Entropy Inc. says it has made a final investment decision to go ahead with its second carbon capture and storage project.
Jul 9, 2024 10:04 AM
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NRA's ex-CFO agreed to 10-year not-for-profit ban, still owes $2M for role in lavish spending scheme
NEW YORK (AP) — The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday.
Jul 9, 2024 9:36 AM
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