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The IMF agrees to a long-awaited bailout for Pakistan of $3 billion

The IMF agrees to a long-awaited bailout for Pakistan of $3 billion

ISLAMABAD (AP) — The International Monetary Fund agreed to provide $3 billion to Pakistan — a long-awaited relief to bail out the impoverished country's ailing economy.
Lynx Air president and CEO Merren McArthur to step down in September

Lynx Air president and CEO Merren McArthur to step down in September

CALGARY — Lynx Air says president and CEO Merren McArthur is stepping down for personal reasons. The Calgary-based airline says its founding CEO will continue in the role until the end of September to allow time to find her replacement.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,913.17, up 94.32): Bank of Nova Scotia. (TSX:BNS). Finance. Up 89 cents, or 1.38 per cent, to $65.54 on 12.7 million shares.
S&P/TSX composite posts gain led by energy stocks, U.S. markets mixed

S&P/TSX composite posts gain led by energy stocks, U.S. markets mixed

TORONTO — Canada's main stock index rose almost 100 points Thursday, led by gains in energy and financial stocks, while U.S. markets were mixed. The S&P/TSX composite index was up 94.32 points at 19,913.17.
Stock market today: Indexes rise and bond yields jump after the latest signs of resilient economy

Stock market today: Indexes rise and bond yields jump after the latest signs of resilient economy

NEW YORK (AP) — Wall Street ticked mostly higher as investors consider both the upsides and downsides of the U.S. economy remaining stronger than feared. The S&P 500 rose 0.4% Thursday after wobbling between small gains and losses.
Alberta optimistic about this year's budget forecast despite drop in oil prices

Alberta optimistic about this year's budget forecast despite drop in oil prices

Alberta Finance Minister Nate Horner says the government may have to lower how much it expects to take in from oil this year, but the overall budget outlook remains optimistic.
Independent media can help fill local news void as legacy media consolidate: experts

Independent media can help fill local news void as legacy media consolidate: experts

TORONTO — As Canadians face a potential further decline in local news coverage by legacy media outlets, industry watchers hope independent and non-profit companies can fill the void.
Google DeepMind calls for 'responsible' approach to AI amid 'eureka moment'

Google DeepMind calls for 'responsible' approach to AI amid 'eureka moment'

TORONTO — The chief business officer at Google's artificial intelligence research lab says the world is having a "eureka moment" around artificial intelligence, but we have to be responsible with the technology.
Ex-GOP Ohio House speaker sentenced to 20 years for role in $60M bribery scheme; appeal expected

Ex-GOP Ohio House speaker sentenced to 20 years for role in $60M bribery scheme; appeal expected

CINCINNATI (AP) — Former Ohio House Speaker Larry Householder was sentenced to 20 years in prison on Thursday for his role in the largest corruption scandal in state history. The 64-year-old Republican appeared before U.S.
Petro-Canada payments systems largely restored in wake of cyberattack: Suncor

Petro-Canada payments systems largely restored in wake of cyberattack: Suncor

CALGARY — Suncor Energy Inc. says it is making progress in resolving the customer disruptions that have occurred this week in the wake of a cyberattack against the oil and gas company.
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