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Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO
MONTREAL — Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT Inc. chief executive Annick Guérard.
Sep 14, 2023 3:01 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,567.84, up 288.90 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 14 cents, or 8.97 per cent, to $1.70 on 22.
Sep 14, 2023 2:56 PM
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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.
Sep 14, 2023 2:35 PM
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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%.
Sep 14, 2023 2:08 PM
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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.
Sep 14, 2023 1:42 PM
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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.
Sep 14, 2023 11:41 AM
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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.
Sep 14, 2023 10:49 AM
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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.
Sep 14, 2023 10:26 AM
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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.
Sep 14, 2023 10:14 AM
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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.
Sep 14, 2023 9:51 AM
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