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S&P/TSX composite index posts gain Friday to cap positive week, U.S. markets mixed
TORONTO — Canada's main stock market index ticked higher on Friday to cap a week of gains, while U.S. markets were mixed.
Aug 11, 2023 2:35 PM
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Ransomware fallout, softer demand weigh on Indigo's first-quarter results
TORONTO — The aftereffects of a ransomware attack and challenging macroeconomic conditions weighed on Indigo Books & Music Inc.'s first-quarter results, said CEO Peter Ruis.
Aug 11, 2023 2:28 PM
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Some news outlets report difficulty posting on Meta apps amid restriction rollout
TORONTO — News outlets have been unable to post on Meta’s social media sites some or all of the time since the digital giant began rolling out its restrictions on Canadian news in response to federal legislation.
Aug 11, 2023 2:15 PM
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Stock market today: Wall Street ends mixed, closing out another losing week
BEIJING — Stocks ended another choppy day of trading mixed, leaving the market with its second losing week in a row.
Aug 11, 2023 2:08 PM
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'Perfect storm' causing constant delays at Air Canada, despite windfall profits: CEO
MONTREAL — A "perfect storm" of problems lies behind Air Canada's wave of flight delays over the summer, its CEO said, even as the country's largest airline roars back to profitability — with no sign of slowing down.
Aug 11, 2023 2:03 PM
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Rent hit a new high in July as students prepped for school, buyers sidelined: report
TORONTO — Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history. Data from Rentals.
Aug 11, 2023 1:10 PM
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Dairy industry woes push Saputo to revise earnings forecast
MONTREAL — Saputo Inc. has pushed back the target date to reach its earnings forecast amid flagging consumer demand for milk products across the globe.
Aug 11, 2023 11:23 AM
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Illinois Supreme Court upholds state's ban on semiautomatic weapons
SPRINGFIELD, Ill. (AP) — The Illinois Supreme Court has upheld the state's ban on the sale or possession of the type of semiautomatic weapons used in hundreds of mass killings nationally .
Aug 11, 2023 8:42 AM
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Wholesale inflation in US edged up in July from low levels
WASHINGTON (AP) — Wholesale prices in the United States picked up in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022.
Aug 11, 2023 8:35 AM
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UBS ends billions in taxpayer-funded support that paved way for Credit Suisse takeover
GENEVA (AP) — Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country's largest bank, take over its ailing rival Credit Suisse .
Aug 11, 2023 6:53 AM
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