April 26th, 2024

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CP NewsAlert: Meta offers Canadian Facebook users $51M to settle suit in 4 provinces

VANCOUVER – Meta is offering $51 million to settle a class-action lawsuit in four Canadian provinces over the use of some users’ images in Facebook advertising. The legal action filed by a B.C. woman claimed her image and those of others were used without their knowledge in Facebook’s “sponsored stories” advertising program which is no ... Read More »


Marcel Desjardins returns to Montreal Alouettes front office

MONTREAL – Marcel Desjardins is back in the Montreal Alouettes front office. The Alouettes announced Thursday that Desjardins, 57, of Burlington, Ont., was returning to the CFL club as a special assistant to general manager Danny Maciocia and player personnel. Montreal also promoted Pier-Yves Lavergne (assistant GM) and Jean-Marc Edme (senior personal executive). This marks ... Read More »


Reggie Wells, Oprah’s longtime personal makeup artist, dies at 76

BALTIMORE (AP) – Reggie Wells, who spent more than 30 years as Oprah Winfrey’s personal makeup artist and worked with former first lady Michelle Obama, Beyoncé, Halle Berry and numerous other celebrities, has died. He was 76. The Emmy winner and Baltimore County native died there Monday of natural causes, his niece Kristina Conner told ... Read More »


Indigo lays off staff as part of strategic plan, does not specify number of cuts

TORONTO – Indigo Books & Music Inc. has laid off an unspecified number of staff as part of the retailer’s ongoing efforts to streamline its operations. Indigo spokeswoman Melissa Perri says in an email to The Canadian Press that the cuts stem from the company’s strategic plan meant to return the business to profitability. Indigo ... Read More »


Aritzia stock jumps nearly 21% following latest financial results

VANCOUVER – Aritzia Inc.’s stock rose almost 21 per cent on Thursday as the market responded to the company’s latest earnings and several analysts upgraded their rating on the company. Shares in the Vancouver-based retailer closed $5.55 higher at $32.01. The spike came on the heels of Aritzia’s latest financial results, which showed the company’s ... Read More »


Hunter Biden pleads not guilty to federal tax charges after an earlier deal imploded

LOS ANGELES (AP) – President Joe Biden’s son pleaded not guilty Thursday to federal tax charges filed after the collapse of a plea deal that could have spared him the spectacle of a criminal trial during the 2024 campaign. Hunter Biden has been accused of nine felony and misdemeanor tax offenses. The charges stem from ... Read More »


TSX posts modest loss Thursday, U.S. markets essentially flat after inflation report

TORONTO – Canada’s main stock index posted a modest loss Thursday, weighed down by the financial and utility sectors, while U.S. stock markets were mixed but essentially flat following the latest consumer inflation report in the U.S. Headline inflation was higher than expected in December, hitting 3.4 per cent year-over-year compared with 3.1 per cent ... Read More »


From Finland, with love, Alma PÃysti and Jussi Vatanen bring ‘Fallen Leaves’ to Hollywood

LOS ANGELES (AP) – There are two types of cinephiles in the world: Aki Kaurismäki fans and future Aki Kaurismäki fans. Alma PÃysti and Jussi Vatanen, the Finnish stars of his latest, the tragicomic romance “Fallen Leaves,” are getting to meet both during their whirlwind tour of America at the height of Hollywood’s awards season. ... Read More »


Canadiens acquire forward Filip Cederqvist in trade with Sabres

MONTREAL – The Montreal Canadiens have acquired forward Filip Cederqvist from the Buffalo Sabres for future considerations, the NHL club said Thursday. The 23-year-old left-winger from Skara, Sweden, has four points (one goal, three assists) in 19 games with the Rochester Americans in the American Hockey League this season. Cederqvist has 10 goals and 14 ... Read More »


S&P/TSX composite posts loss, U.S. markets essentially flat after inflation report

TORONTO – Canada’s main stock index posted a modest loss Thursday, weighed down by the financial and utility sectors, while U.S. stock markets were mixed, but essentially flat. The S&P/TSX composite index closed down 71.02 points at 20,918.40. In New York, the Dow Jones industrial average was up 15.29 points at 37,711.02. The S&P 500 ... Read More »


Stock market today: Wall Street drifts to a mixed close after an inflation update

NEW YORK (AP) – Wall Street drifted to a mixed close after an inflation report forced some investors to push back forecasts for when the Federal Reserve will deliver long-sought cuts to interest rates. The S&P 500 ended down 0.1% Thursday after swinging up and down a few times through the day. The Dow edged ... Read More »