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Banks help lead stocks lower in early going on Wall Street
NEW YORK (AP) — Banks and technology companies are leading stocks lower in morning trading on Wall Street early Wednesday, but major indexes are still holding on to gains for the week. The S&P 500 slipped 0.
Jun 8, 2022 7:50 AM
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Bausch + Lomb reports Q1 profit down from year ago, revenue edged higher
VAUGHAN, Ont. — Bausch + Lomb Corp. reported its first-quarter profit fell compared with a year ago as its revenue edged higher. The company, which is being spun off from Bausch Health Companies Inc.
Jun 8, 2022 7:33 AM
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Crypto meltdown is wake-up call for many, including Congress
NEW YORK (AP) — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair.
Jun 7, 2022 4:45 PM
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Treasury Secretary Yellen expects inflation to 'remain high'
WASHINGTON (AP) — Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chair Jerome Powell “could have used a better word” than “transitory” when describing the expected run of inflation in the U.S. economy.
Jun 7, 2022 4:44 PM
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Stingray caps weaker year with Q4 profits plunging to $4.5M despite higher revenues
MONTREAL — Stingray Group Inc. capped a challenging year with net profits plunging to $4.5 million in the fourth quarter despite higher revenues.
Jun 7, 2022 4:43 PM
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Grocery chain Empire joins ownership group behind Scene+ loyalty program
TORONTO — Grocery giant Empire Company Ltd. is moving forward with a new loyalty program after becoming a co-owner of the Scene+ program operated by Cineplex Inc. and Scotiabank. The three parties announced the new partnership on Tuesday.
Jun 7, 2022 4:24 PM
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Feds: Goodyear knew of defective RV tires as early as 2002
DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn't recall them for as many as 20 years.
Jun 7, 2022 4:19 PM
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Shopify shareholders approve new voting rights for CEO Tobi Lutke, stock split
Shopify Inc. shareholders voted to solidify founder and CEO Tobi Lütke's voting power for as long as he is at the company andensurehe, his family and affiliates will hold 40 per cent of the company's voting power.
Jun 7, 2022 3:31 PM
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Queen Elizabeth's jubilee celebration takes a ratings bow
LOS ANGELES (AP) — The U.S. split from Great Britain is history, but the monarchy still has a hold on its former colony's heart.
Jun 7, 2022 3:26 PM
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Cenovus CEO says future of energy is 'diversification', not 'transition'
CALGARY — The clash between the world's thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday.
Jun 7, 2022 3:24 PM
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